MayTech Global Investments LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,763 shares of the semiconductor company’s stock after buying an additional 300 shares during the period. ASML makes up about 4.1% of MayTech Global Investments LLC’s investment portfolio, making the stock its 8th biggest position. MayTech Global Investments LLC’s holdings in ASML were worth $40,408,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of ASML. Cornerstone Financial Management LLC acquired a new position in ASML in the fourth quarter valued at approximately $26,000. Binnacle Investments Inc lifted its holdings in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares during the period. North Star Investment Management Corp. lifted its holdings in ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares during the period. Jessup Wealth Management Inc acquired a new position in ASML in the fourth quarter valued at approximately $30,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in ASML in the fourth quarter valued at approximately $32,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about ASML
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
- Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
- Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
- Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
- Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions
ASML Price Performance
ASML (NASDAQ:ASML – Get Free Report) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion during the quarter. Analysts forecast that ASML Holding N.V. will post 36.86 earnings per share for the current year.
Analysts Set New Price Targets
Several brokerages recently weighed in on ASML. Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research note on Thursday, April 9th. Weiss Ratings downgraded shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Finally, UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, May 20th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,589.63.
View Our Latest Analysis on ASML
ASML Company Profile
ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.
ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.
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