Hennion & Walsh Asset Management Inc. Has $1.56 Million Position in ASML Holding (NASDAQ:ASML)

Hennion & Walsh Asset Management Inc. increased its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 28.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,348 shares of the semiconductor company's stock after acquiring an additional 520 shares during the period. Hennion & Walsh Asset Management Inc.'s holdings in ASML were worth $1,556,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in ASML. Wellington Shields & Co. LLC boosted its position in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in ASML during the 4th quarter valued at about $31,000. Roxbury Financial LLC bought a new position in ASML during the 4th quarter valued at about $39,000. Caitlin John LLC lifted its holdings in ASML by 78.1% during the 4th quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 25 shares during the last quarter. Finally, Tradewinds Capital Management LLC lifted its holdings in ASML by 96.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock valued at $41,000 after purchasing an additional 29 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ASML shares. Wells Fargo & Company cut their price target on shares of 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 shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Finally, Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Trading Up 0.7%

Shares of ASML traded up $5.26 on Friday, reaching $753.02. 1,345,054 shares of the company's stock were exchanged, compared to its average volume of 1,670,995. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $296.25 billion, a P/E ratio of 36.20, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. The business has a 50 day moving average price of $694.72 and a two-hundred day moving average price of $710.91. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.

ASML 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.