Syntal Capital Partners LLC lifted its position in ASML Holding NV (NASDAQ:ASML) by 81.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,029 shares of the semiconductor company’s stock after acquiring an additional 4,047 shares during the period. Syntal Capital Partners LLC’s holdings in ASML were worth $1,569,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in the company. M&T Bank Corp raised its position in shares of ASML by 8.1% in the 2nd quarter. M&T Bank Corp now owns 2,775 shares of the semiconductor company’s stock worth $362,000 after acquiring an additional 207 shares in the last quarter. Ameriprise Financial Inc. increased its position in ASML by 0.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 69,606 shares of the semiconductor company’s stock valued at $9,070,000 after buying an additional 216 shares in the last quarter. Comerica Bank increased its position in ASML by 1.1% during the 3rd quarter. Comerica Bank now owns 24,807 shares of the semiconductor company’s stock valued at $4,413,000 after buying an additional 274 shares in the last quarter. Advisor Group Inc. increased its position in ASML by 11.9% during the 2nd quarter. Advisor Group Inc. now owns 2,960 shares of the semiconductor company’s stock valued at $385,000 after buying an additional 315 shares in the last quarter. Finally, Sheets Smith Wealth Management increased its position in ASML by 22.1% during the 4th quarter. Sheets Smith Wealth Management now owns 2,280 shares of the semiconductor company’s stock valued at $396,000 after buying an additional 412 shares in the last quarter. 16.60% of the stock is owned by hedge funds and other institutional investors.
A number of research analysts recently weighed in on ASML shares. Zacks Investment Research lowered ASML from a “buy” rating to a “hold” rating in a research report on Monday, October 23rd. Credit Suisse Group raised ASML from a “neutral” rating to an “outperform” rating in a research report on Monday. BidaskClub raised ASML from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. B. Riley reaffirmed a “hold” rating and set a $166.00 price objective on shares of ASML in a research report on Tuesday. Finally, BNP Paribas raised ASML from a “neutral” rating to an “outperform” rating in a research report on Thursday, October 12th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $192.43.
ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 17th. The semiconductor company reported $1.77 EPS for the quarter, topping the Zacks’ consensus estimate of $1.25 by $0.52. The business had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.15 billion. ASML had a return on equity of 19.28% and a net margin of 23.81%. The company’s quarterly revenue was up 34.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.23 EPS. research analysts expect that ASML Holding NV will post 5.37 earnings per share for the current fiscal year.
ASML declared that its board has initiated a share buyback program on Wednesday, January 17th that permits the company to repurchase outstanding shares. This repurchase authorization permits the semiconductor company to purchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.
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ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
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