Fifth Third Bancorp Sells 1,061 Shares of ASML Holding N.V. $ASML

Fifth Third Bancorp trimmed its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 8.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 11,096 shares of the semiconductor company’s stock after selling 1,061 shares during the period. Fifth Third Bancorp’s holdings in ASML were worth $14,656,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cornerstone Financial Management LLC bought a new position in shares of ASML in the fourth quarter worth approximately $26,000. Binnacle Investments Inc raised its holdings in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares during the last quarter. Resources Management Corp CT ADV boosted its position in ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 23 shares during the period. North Star Investment Management Corp. grew its holdings in ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc bought a new stake in ASML in the 4th quarter worth $30,000. 26.07% of the stock is owned by institutional investors.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Analysts and market watchers say ASML’s upcoming results could be “tone-setting” for the chip sector, with strong AI infrastructure spending and continued demand for semiconductor equipment supporting optimism. Why these two earnings reports could be “tone-setting” for the chip sector
• Positive Sentiment: RBC said ASML should benefit from continued momentum in EUV lithography demand, reinforcing expectations for solid near-term fundamentals. ASML Poised to Benefit From Strong EUV Momentum, RBC Says
• Positive Sentiment: Pre-earnings previews suggest ASML may report roughly 15% year-over-year EPS growth and potentially raise guidance again, which would support the stock’s recent rally. ASML Expected to Raise Guidance Again on Strong Semiconductor Demand — Earnings Preview
• Neutral Sentiment: ASML’s earnings report is being treated as a key read on the health of the AI chip supply chain, making the stock likely to react sharply to the company’s commentary on demand and outlook. Chip toolmaker ASML expected to shine light on capacity and China challenges
• Negative Sentiment: New U.S. export-control discussions could tighten restrictions on chipmaking equipment sales to China, posing a risk to ASML’s China business, especially for DUV tools. ASML (ENXTAM:ASML) Faces Fresh China Risk From New U.S. Export Controls
• Negative Sentiment: China’s prototype EUV lithography machine highlights a longer-term competitive threat, though it is still early-stage and unlikely to change fundamentals immediately. China rolls out 1st prototype EUV lithography machine challenging ASML

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent analyst reports. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Weiss Ratings cut ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Sanford C. Bernstein increased 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, July 6th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research report on Tuesday, July 7th. Three research 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’s stock. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,891.62.

ASML Stock Performance

Shares of ASML stock opened at $1,775.64 on Wednesday. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The firm has a market capitalization of $698.32 billion, a P/E ratio of 63.69, a P/E/G ratio of 1.31 and a beta of 1.78. 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 business has a fifty day simple moving average of $1,718.08 and a two-hundred day simple moving average of $1,488.36.

ASML (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, equities analysts forecast that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal year.

About ASML

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.