Allspring Global Investments Holdings LLC Raises Holdings in ASML Holding N.V. (NASDAQ:ASML)

Allspring Global Investments Holdings LLC grew its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 131.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,442 shares of the semiconductor company's stock after acquiring an additional 9,340 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in ASML were worth $10,972,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Sfmg LLC increased its stake in ASML by 3.0% in the 4th quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock worth $354,000 after acquiring an additional 15 shares during the last quarter. Norinchukin Bank The increased its stake in ASML by 1.8% in the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock worth $594,000 after acquiring an additional 15 shares during the last quarter. Coppell Advisory Solutions LLC increased its stake in ASML by 18.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock worth $67,000 after acquiring an additional 15 shares during the last quarter. Ethos Financial Group LLC increased its stake in ASML by 5.6% in the 4th quarter. Ethos Financial Group LLC now owns 302 shares of the semiconductor company's stock worth $209,000 after acquiring an additional 16 shares during the last quarter. Finally, Nilsine Partners LLC increased its stake in ASML by 2.6% in the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock worth $418,000 after acquiring an additional 16 shares during the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Trading Down 0.7%

ASML traded down $5.40 during trading hours on Friday, reaching $794.20. 910,715 shares of the company's stock traded hands, compared to its average volume of 1,710,906. The firm has a 50-day moving average price of $749.55 and a 200 day moving average price of $722.74. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $312.45 billion, a PE ratio of 33.47, a PEG ratio of 1.66 and a beta of 1.73.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Sanford C. Bernstein assumed coverage on ASML in a report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price for the company. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Susquehanna dropped their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Five equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $913.80.

ASML Company Profile

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.