CDM Financial Counseling Services Inc. Buys New Shares in ASML Holding N.V. $ASML

CDM Financial Counseling Services Inc. bought a new stake in ASML Holding N.V. (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 605 shares of the semiconductor company’s stock, valued at approximately $648,000.

A number of other hedge funds and other institutional investors have also modified their holdings of ASML. Family Capital Management Inc. increased its holdings in ASML by 0.8% during the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after buying an additional 7 shares during the last quarter. Sky Investment Group LLC increased its holdings in ASML by 2.1% during the fourth 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 ASML by 2.4% during the fourth 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 ASML by 1.2% during the fourth 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 ASML by 2.3% during the third 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. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $1,501.81 on Monday. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,603.49. The stock’s 50 day moving average is $1,414.78 and its 200-day moving average is $1,282.52. 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 market capitalization of $590.64 billion, a price-to-earnings ratio of 53.87, a PEG ratio of 1.23 and a beta of 1.81.

ASML (NASDAQ:ASML) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion for the quarter. Equities research analysts expect that ASML Holding N.V. will post 37.09 EPS for the current year.

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on ASML shares. Sanford C. Bernstein restated a “buy” rating on shares of ASML in a report on Thursday, April 23rd. TD Cowen reissued a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Wells Fargo & Company reissued an “overweight” rating and set a $1,750.00 price target on shares of ASML in a research report on Thursday, April 16th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Wednesday, April 8th. Finally, Santander downgraded ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,504.38.

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.