Worthington Financial Partners LLC Takes Position in ASML Holding N.V. $ASML

Worthington Financial Partners LLC acquired a new stake in ASML Holding N.V. (NASDAQ:ASML) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 501 shares of the semiconductor company’s stock, valued at approximately $536,000.

A number of other institutional investors have also recently made changes to their positions in ASML. Arrowstreet Capital Limited Partnership lifted its holdings in ASML by 195.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after buying an additional 1,022,532 shares in the last quarter. Capital International Investors grew its stake in shares of ASML by 17.3% in the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after acquiring an additional 577,448 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of ASML by 75.6% in the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after acquiring an additional 340,518 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of ASML by 16.6% in the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after acquiring an additional 305,435 shares in the last quarter. Finally, BlueSpruce Investments LP increased its position in shares of ASML by 18,861.1% during the third quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock worth $237,160,000 after acquiring an additional 243,685 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ASML. Barclays reiterated an “overweight” rating on shares of ASML in a research note on Thursday, June 4th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. upped their price target on ASML from $1,813.00 to $2,200.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $1,750.00 price target on shares of ASML in a research report on Thursday, April 16th. Finally, Royal Bank Of Canada lifted their price objective on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,589.62.

ASML Stock Performance

Shares of NASDAQ:ASML opened at $1,929.68 on Friday. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,942.87. The company’s 50 day moving average is $1,594.98 and its two-hundred day moving average is $1,399.33. The company has a market cap of $758.90 billion, a PE ratio of 69.21, a P/E/G ratio of 1.55 and a beta of 1.82. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The business 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 analysts predict that ASML Holding N.V. will post 36.76 earnings per share for the current fiscal year.

ASML News Roundup

Here are the key news stories impacting ASML this week:

• Negative Sentiment: U.S. officials reportedly questioned whether an ASML EUV machine may have made its way to China, raising the risk of tighter export scrutiny and possible regulatory fallout. US tells ASML it’s concerned one of its chipmaking tools may be in China, Bloomberg News reports
• Negative Sentiment: ASML is facing fresh China export scrutiny after reports that the Trump administration is probing whether an advanced chipmaking tool was diverted to China, keeping geopolitical risk front and center for investors. ASML Faces Fresh China Export Scrutiny
• Neutral Sentiment: ASML has denied the allegations, saying its EUV systems are not in China; while that may limit immediate damage, the dispute still leaves uncertainty around U.S.-China export controls. US tells ASML it is concerned China may have top chip tool, Bloomberg News reports
• Neutral Sentiment: Longer-term optimism remains in place, with analysts still pointing to strong earnings growth and demand trends, and Barclays recently raising its price target on ASML. Here’s Why ASML Holding N.V. (ASML) Is Among the Stocks with Best Earnings Growth for the Next 3 Years

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.