Ethic Inc. boosted its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 20.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,544 shares of the semiconductor company's stock after purchasing an additional 2,659 shares during the quarter. Ethic Inc.'s holdings in ASML were worth $10,773,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of ASML. Steigerwald Gordon & Koch Inc. raised its stake in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock worth $211,000 after buying an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC grew its stake in ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock worth $2,223,000 after acquiring an additional 14 shares during the period. Trust Point Inc. raised its stake in ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock worth $420,000 after purchasing an additional 14 shares during the period. Sunpointe LLC raised its holdings in shares of ASML by 1.3% in the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after purchasing an additional 14 shares during the period. Finally, Wealth Quarterback LLC grew its stake in ASML by 1.1% during the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock worth $923,000 after buying an additional 15 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the company. Susquehanna lowered their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Wells Fargo & Company cut their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, ASML presently has a consensus rating of "Moderate Buy" and an average target price of $906.00.
Read Our Latest Stock Report on ASML
ASML Trading Up 1.7%
ASML traded up $12.38 during trading on Tuesday, reaching $762.58. 1,163,842 shares of the stock traded hands, compared to its average volume of 1,649,346. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock's 50-day moving average is $679.40 and its 200 day moving average is $701.99. The stock has a market capitalization of $300.02 billion, a PE ratio of 36.66, a P/E/G ratio of 1.62 and a beta of 1.75.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. Equities analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.
About ASML
(
Free Report)
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
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