1,876 Shares in ASML Holding N.V. $ASML Purchased by Turtle Creek Wealth Advisors LLC

Key Points

• Turtle Creek Wealth Advisors LLC purchased 1,876 shares of ASML Holding N.V., valued at approximately $1.5 million, during the 2nd quarter as detailed in their SEC filing.
• Wall Street analysts have issued various ratings on ASML, with Arete Research and HSBC Global Research raising their ratings to "strong-buy," reflecting confidence in the company's future performance.
• ASML's latest quarterly earnings showed revenue of $8.94 billion, representing a 23.2% increase year-over-year, despite missing earnings per share estimates.

Turtle Creek Wealth Advisors LLC bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,876 shares of the semiconductor company's stock, valued at approximately $1,503,000.

Several other hedge funds have also recently bought and sold shares of ASML. Putney Financial Group LLC lifted its stake in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 29 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in ASML during the 1st quarter worth about $27,000. Maseco LLP acquired a new position in ASML during the 2nd quarter worth about $32,000. Knuff & Co LLC acquired a new position in ASML during the 1st quarter worth about $33,000. Finally, Costello Asset Management INC lifted its stake in ASML by 147.1% during the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company's stock worth $34,000 after acquiring an additional 25 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of analyst reports. Arete Research raised ASML to a "strong-buy" rating in a research report on Friday, September 12th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of ASML in a research report on Friday, October 10th. Hsbc Global Res raised ASML to a "strong-buy" rating in a research report on Monday, October 6th. Morningstar lowered ASML to a "hold" rating in a research report on Thursday, September 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of ASML in a research note on Tuesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,001.60.

ASML Stock Performance

NASDAQ ASML opened at $1,009.81 on Thursday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,059.00. The stock has a market cap of $397.14 billion, a price-to-earnings ratio of 42.15, a price-to-earnings-growth ratio of 1.66 and a beta of 1.87. The business has a fifty day moving average of $852.01 and a 200-day moving average of $768.34. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%.The company had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. During the same period last year, the firm earned $4.01 earnings per share. The business's revenue was up 23.2% compared to the same quarter last year. As a group, analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

About ASML

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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