Myriad Asset Management Advisors LLC Purchases New Position in ASML Holding N.V. $ASML

Myriad Asset Management Advisors LLC purchased a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,893 shares of the semiconductor company’s stock, valued at approximately $2,025,000.

A number of other institutional investors also recently modified their holdings of the business. J.Safra Asset Management Corp lifted its stake in shares of ASML by 163.1% during the 4th quarter. J.Safra Asset Management Corp now owns 171 shares of the semiconductor company’s stock valued at $183,000 after buying an additional 106 shares in the last quarter. GFS Advisors LLC bought a new stake in ASML during the 4th quarter worth approximately $261,000. Marks Group Wealth Management Inc increased its holdings in ASML by 50.5% during the 4th quarter. Marks Group Wealth Management Inc now owns 3,192 shares of the semiconductor company’s stock worth $3,415,000 after acquiring an additional 1,071 shares during the period. TIAA Trust National Association increased its holdings in ASML by 12.5% during the 4th quarter. TIAA Trust National Association now owns 1,602 shares of the semiconductor company’s stock worth $1,714,000 after acquiring an additional 178 shares during the period. Finally, Cerity Partners LLC increased its holdings in ASML by 7.3% during the 4th quarter. Cerity Partners LLC now owns 91,185 shares of the semiconductor company’s stock worth $97,555,000 after acquiring an additional 6,167 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Price Performance

ASML stock opened at $1,734.19 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,831.11. The firm’s fifty day moving average is $1,518.17 and its 200 day moving average is $1,359.24. The firm has a market cap of $682.02 billion, a P/E ratio of 62.20, a P/E/G ratio of 1.42 and a beta of 1.82.

ASML (NASDAQ:ASML) last released 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 company had revenue of $10.15 billion for the quarter. Research analysts predict that ASML Holding N.V. will post 36.93 earnings per share for the current year.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML received fresh bullish attention from analysts, with one report saying the stock has an average rating of “Moderate Buy” and BofA reportedly raising its price target while keeping a Buy rating, reinforcing confidence in the company’s long-term outlook. ASML Holding N.V. (NASDAQ:ASML) Receives Average Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Coverage highlighting ASML’s record-high share price and its first-ever rise above a $700 billion market value suggests strong investor demand and continued enthusiasm for the company’s dominant position in semiconductor equipment. ASML breaks $700B market cap barrier: Here’s the rally drivers and key risks
• Positive Sentiment: Reports that ASML is in discussions tied to Elon Musk’s proposed Terafab project point to potential future demand for ASML’s advanced lithography tools if the project moves ahead. ASML Weighs Musk Terafab Talks Against Valuation And Governance Questions
• Neutral Sentiment: ASML said it will cut fewer jobs than initially planned after reaching an agreement with Dutch unions, which may reduce near-term cost savings but also eases labor tensions. ASML to cut fewer jobs after talks with Dutch unions
• Neutral Sentiment: Some recent commentary flags valuation and governance questions after the stock’s sharp run-up, suggesting investors may be debating how much upside is already priced in. Assessing ASML Holding (NasdaqGS:ASML) Valuation After A Strong Multi-Period Share Price Run
• Negative Sentiment: Broader semiconductor sentiment looks less favorable in the near term, with reports noting that short sellers are piling into the sector and that the semiconductor index may be entering a correction. Semiconductor shorts pile on as winning trade reverses

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ASML shares. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a report on Thursday, April 16th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $1,750.00 target price on shares of ASML in a report on Thursday, April 16th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a report on Monday, May 25th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of ASML from $1,813.00 to $2,200.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,589.63.

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.