Shelton Wealth Management LLC Cuts Position in ASML Holding N.V. $ASML

Shelton Wealth Management LLC lowered its holdings in ASML Holding N.V. (NASDAQ:ASML) by 30.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,259 shares of the semiconductor company’s stock after selling 561 shares during the quarter. Shelton Wealth Management LLC’s holdings in ASML were worth $1,663,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Busey Bank grew its position in ASML by 4.5% during the first quarter. Busey Bank now owns 4,968 shares of the semiconductor company’s stock worth $6,562,000 after buying an additional 214 shares during the period. PUREfi Wealth LLC boosted its stake in shares of ASML by 29.6% during the 1st quarter. PUREfi Wealth LLC now owns 710 shares of the semiconductor company’s stock worth $938,000 after acquiring an additional 162 shares in the last quarter. Collaborative Fund Advisors LLC acquired a new stake in shares of ASML in the 1st quarter worth approximately $692,000. Nvest Financial LLC grew its holdings in shares of ASML by 5.9% in the 1st quarter. Nvest Financial LLC now owns 1,648 shares of the semiconductor company’s stock worth $2,177,000 after acquiring an additional 92 shares during the period. Finally, Kathmere Capital Management LLC increased its stake in ASML by 42.2% in the 1st quarter. Kathmere Capital Management LLC now owns 1,102 shares of the semiconductor company’s stock valued at $1,456,000 after purchasing an additional 327 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the subject of several research reports. Sanford C. Bernstein lifted their price objective on ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a report on Monday. Susquehanna reissued a “positive” rating on shares of ASML in a report on Tuesday, June 30th. JPMorgan Chase & Co. raised their price target on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. Finally, Barclays reiterated a “buy” rating on shares of ASML in a research report on Monday, June 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,854.12.

ASML Price Performance

ASML stock traded down $104.33 on Tuesday, reaching $1,720.74. The company had a trading volume of 764,080 shares, compared to its average volume of 1,884,644. The company’s fifty day moving average is $1,668.56 and its 200 day moving average is $1,452.61. The company has a market cap of $676.73 billion, a P/E ratio of 61.74, a PEG ratio of 1.34 and a beta of 1.78. 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 1 year low of $683.48 and a 1 year high of $1,999.96.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share 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 during the quarter. On average, research analysts forecast that ASML Holding N.V. will post 36.62 earnings per share for the current year.

ASML News Roundup

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein reportedly argued that the market is underestimating ASML’s outlook, and another report said the stock rose more than 5% as the firm sees room for further gains after a very strong run this year. Bernstein Says the Street Is Badly Wrong on ASML
• Positive Sentiment: Susquehanna reiterated a Positive rating and raised its price target, reinforcing the bullish analyst tone around ASML’s order backlog and AI-driven demand. ASML Holding NV (ASML) A Top AI Stock to Buy on Soaring Order Backlog and Wafer Market Expansion
• Positive Sentiment: SK Hynix’s planned spending and Nasdaq listing are expected to support advanced equipment purchases, including ASML EUV systems, which highlights continued demand for ASML’s technology. SK Hynix plans to spend 11.9T won to acquire ASML’s EUV systems
• Positive Sentiment: ASML’s share buyback activity signals ongoing capital return to shareholders and can help support the stock. ASML reports transactions under its current share buyback program
• Neutral Sentiment: Wall Street analyst coverage remains generally constructive, but the Zacks article mainly reinforces existing sentiment rather than adding a major new catalyst. Wall Street Analysts Think ASML (ASML) Is a Good Investment: Is It?
• Neutral Sentiment: Broader chip-sector strength, including headlines around SK Hynix’s large Nasdaq listing, is helping sentiment across semiconductors and may indirectly lift ASML. SK hynix to launch $28bn Nasdaq listing amid global AI chip demand
• Negative Sentiment: Reports that Dutch trade officials are heading to China amid concerns over Nexperia and possible ASML export curbs could create regulatory and geopolitical risk for the company. Dutch trade minister heads to China as Nexperia dispute and ASML curbs loom

ASML 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.