Nicholas Investment Partners LP Acquires 347 Shares of ASML Holding N.V. $ASML

Nicholas Investment Partners LP raised its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 22.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,878 shares of the semiconductor company’s stock after purchasing an additional 347 shares during the period. Nicholas Investment Partners LP’s holdings in ASML were worth $2,009,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC grew its holdings in shares of ASML by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock valued at $4,798,268,000 after buying an additional 132,353 shares during the last quarter. Capital International Investors grew its holdings in shares of ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after buying an additional 305,435 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of ASML by 8.3% during the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock valued at $1,805,733,000 after buying an additional 142,763 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after buying an additional 1,022,532 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

Analysts Set New Price Targets

ASML has been the topic of a number of recent analyst reports. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Friday, May 8th. Morningstar cut shares of ASML to a “sell” rating in a report on Wednesday, May 27th. Royal Bank Of Canada increased their price target on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. Morgan Stanley restated an “overweight” rating on shares of ASML in a report on Wednesday, June 3rd. Finally, Weiss Ratings cut shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Four investment 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 given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,589.63.

ASML Price Performance

Shares of ASML stock opened at $1,863.55 on Friday. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,903.50. The stock’s fifty day moving average is $1,539.82 and its 200 day moving average is $1,369.29. The stock has a market cap of $732.90 billion, a P/E ratio of 66.84, a P/E/G ratio of 1.49 and a beta of 1.82. 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 (NASDAQ:ASML) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS 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 for the quarter. Sell-side analysts anticipate that ASML Holding N.V. will post 36.86 earnings per share for the current year.

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.