Robocap Asset Management Ltd Makes New $1.93 Million Investment in ASML Holding N.V. (NASDAQ:ASML)

Robocap Asset Management Ltd purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,946 shares of the semiconductor company's stock, valued at approximately $1,931,000. ASML accounts for approximately 1.4% of Robocap Asset Management Ltd's investment portfolio, making the stock its 23rd largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Edgewood Management LLC raised its stake in shares of ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after acquiring an additional 959,696 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after acquiring an additional 1,398,805 shares during the last quarter. Clearbridge Investments LLC raised its stake in shares of ASML by 2.8% in the fourth quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock valued at $868,324,000 after acquiring an additional 33,603 shares during the last quarter. Neuberger Berman Group LLC raised its stake in shares of ASML by 1.4% in the fourth quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after acquiring an additional 13,115 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of ASML by 5.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock valued at $622,769,000 after acquiring an additional 46,028 shares during the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Trading Up 0.2%

Shares of ASML stock traded up $1.80 during trading hours on Wednesday, reaching $795.90. The company had a trading volume of 410,325 shares, compared to its average volume of 1,627,437. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company has a 50 day moving average of $754.35 and a 200 day moving average of $723.88. The firm has a market cap of $313.12 billion, a price-to-earnings ratio of 33.54, a P/E/G ratio of 1.64 and a beta of 1.73.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The business had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. On average, equities research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on ASML. Barclays restated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Susquehanna reduced their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Wells Fargo & Company upped their price objective on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Five research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $923.80.

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.