Duncan Williams Asset Management LLC raised its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 94.0% in the 4th quarter, HoldingsChannel reports. The fund owned 743 shares of the semiconductor company’s stock after acquiring an additional 360 shares during the period. Duncan Williams Asset Management LLC’s holdings in ASML were worth $795,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the business. Family Capital Management Inc. raised its holdings in ASML by 0.8% in the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after acquiring an additional 7 shares during the last quarter. Sky Investment Group LLC increased its holdings in shares of ASML by 2.1% during the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock worth $411,000 after buying an additional 8 shares during the last quarter. BOS Asset Management LLC increased its holdings in shares of ASML by 2.4% during the 4th quarter. BOS Asset Management LLC now owns 377 shares of the semiconductor company’s stock worth $403,000 after buying an additional 9 shares during the last quarter. Foster Victor Wealth Advisors LLC increased its holdings in shares of ASML by 1.2% during the 4th quarter. Foster Victor Wealth Advisors LLC now owns 765 shares of the semiconductor company’s stock worth $818,000 after buying an additional 9 shares during the last quarter. Finally, Global Assets Advisory LLC increased its holdings in shares of ASML by 2.3% during the 3rd quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock worth $438,000 after buying an additional 10 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. Barclays restated a “buy” rating on shares of ASML in a report on Wednesday, April 15th. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Santander downgraded ASML from a “neutral” rating to an “underperform” rating in a report on Thursday, January 22nd. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Wednesday, April 8th. Finally, Berenberg Bank restated a “buy” rating on shares of ASML in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $1,504.38.
Trending Headlines about ASML
Here are the key news stories impacting ASML this week:
- Positive Sentiment: ASML reportedly signed a deal with Tata Electronics to help power India’s semiconductor plant, a move that could open the door to long-term equipment demand as India builds out its chip manufacturing capacity. ASML to partner with India’s Tata Electronics
- Positive Sentiment: The Tata-ASML collaboration is being framed as a major step in establishing India’s first commercial chip fab, which supports the view that ASML could benefit from broader global semiconductor investment. Tata and Dutch giant ASML join hands to establish India’s first commercial chip fab
- Positive Sentiment: Broker sentiment also remains constructive, with Goldman Sachs reiterating a “Buy” rating and brokerage consensus still sitting at “Moderate Buy,” helping support the stock’s outlook. ASML’s (ASML) “Buy” Rating Reiterated at The Goldman Sachs Group
- Neutral Sentiment: Several additional reports repeated the Tata-ASML partnership news, but they largely echoed the same strategic theme rather than adding new market-moving details. India & Netherlands boost ties; Tata Electronics, ASML ink deal
- Neutral Sentiment: ASML also continued to receive a “Moderate Buy” consensus from analysts, which is supportive but not a new catalyst by itself. ASML Holding N.V. Receives Consensus Recommendation of “Moderate Buy” from Brokerages
ASML Price Performance
Shares of ASML stock opened at $1,501.81 on Monday. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average price of $1,414.78 and a 200 day moving average price of $1,282.52. The stock has a market cap of $590.64 billion, a price-to-earnings ratio of 53.87, a price-to-earnings-growth ratio of 1.23 and a beta of 1.81. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,603.49.
ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Equities research analysts forecast that ASML Holding N.V. will post 37.09 earnings per share for the current fiscal year.
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.
Featured Articles
- Five stocks we like better than ASML
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML – Free Report).
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.
