ASML Holding N.V. $ASML Shares Acquired by Barlow Wealth Partners Inc.

Key Points

• Barlow Wealth Partners Inc. increased its holdings in ASML by 14.0%, owning 29,922 shares now valued at approximately $23.9 million.
• ASML has received multiple analyst upgrades, with a consensus rating of "Moderate Buy" and an average price target of $1,051.60.
• In its most recent earnings report, ASML posted $4.55 EPS, missing expectations but achieving a 23.2% year-over-year revenue growth at $8.94 billion.

Barlow Wealth Partners Inc. lifted its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 14.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,922 shares of the semiconductor company's stock after buying an additional 3,669 shares during the period. ASML makes up approximately 2.9% of Barlow Wealth Partners Inc.'s portfolio, making the stock its 12th largest position. Barlow Wealth Partners Inc.'s holdings in ASML were worth $23,925,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in ASML. GAMMA Investing LLC increased its holdings in shares of ASML by 6.0% during the 1st quarter. GAMMA Investing LLC now owns 2,114 shares of the semiconductor company's stock worth $1,401,000 after buying an additional 119 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of ASML by 2.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock worth $22,806,000 after buying an additional 763 shares during the last quarter. Sowell Financial Services LLC acquired a new stake in shares of ASML during the 1st quarter worth approximately $633,000. Grove Bank & Trust increased its holdings in shares of ASML by 25.5% during the 1st quarter. Grove Bank & Trust now owns 261 shares of the semiconductor company's stock worth $173,000 after buying an additional 53 shares during the last quarter. Finally, Inscription Capital LLC purchased a new position in shares of ASML during the 1st quarter worth approximately $144,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on ASML. UBS Group reaffirmed a "buy" rating on shares of ASML in a research report on Wednesday. Erste Group Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Monday, September 22nd. JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of ASML in a research report on Wednesday. Bank Degroof cut shares of ASML to a "hold" rating in a research report on Friday, October 10th. Finally, Arete Research raised shares of ASML to a "strong-buy" rating in a research report on Friday, September 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $1,051.60.

ASML Trading Up 2.7%

NASDAQ:ASML opened at $1,009.81 on Thursday. The firm has a market cap of $397.14 billion, a PE ratio of 42.15, a price-to-earnings-growth ratio of 1.66 and a beta of 1.87. The stock has a fifty day moving average price of $852.01 and a 200 day moving average price of $768.34. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,059.00. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21.

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

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