ASML Holding N.V. $ASML Shares Sold by Focus Partners Wealth

Key Points

• Focus Partners Wealth trimmed its ASML stake by 8.8% in the fourth quarter, selling 10,375 shares and leaving it with 107,165 shares worth about $114.6 million.
• Institutional interest in ASML remains strong, with several major investors increasing holdings and hedge funds and institutions owning 26.07% of the company’s shares overall.
• Wall Street sentiment is still favorable, as analysts reiterated buy/overweight ratings and MarketBeat shows a consensus of “Moderate Buy” with an average target price of $1,589.63.

Focus Partners Wealth decreased its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 8.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 107,165 shares of the semiconductor company's stock after selling 10,375 shares during the quarter. Focus Partners Wealth's holdings in ASML were worth $114,615,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Fisher Asset Management LLC lifted its stake in shares of ASML by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company's stock worth $4,798,268,000 after acquiring an additional 132,353 shares in the last quarter. Capital International Investors lifted its stake in shares of ASML by 17.3% in the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company's stock worth $3,791,982,000 after acquiring an additional 577,448 shares in the last quarter. Van ECK Associates Corp lifted its stake in shares of ASML by 16.6% in the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company's stock worth $2,079,948,000 after acquiring an additional 305,435 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of ASML by 8.3% in the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company's stock worth $1,805,733,000 after acquiring an additional 142,763 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of ASML by 195.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company's stock worth $1,652,618,000 after acquiring an additional 1,022,532 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. The Goldman Sachs Group reiterated a "buy" rating on shares of ASML in a research note on Thursday. Barclays reiterated an "overweight" rating on shares of ASML in a research note on Thursday, June 4th. DZ Bank reissued a "neutral" rating on shares of ASML in a report on Wednesday, April 15th. Morgan Stanley reissued an "overweight" rating on shares of ASML in a report on Wednesday, June 3rd. Finally, Jefferies Financial Group reissued a "neutral" rating on shares of ASML in a report on Monday, June 1st. Four analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $1,589.63.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML's Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML's EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

ASML Price Performance

Shares of ASML stock opened at $1,863.55 on Monday. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The firm has a market cap of $732.90 billion, a P/E ratio of 66.84, a P/E/G ratio of 1.49 and a beta of 1.82. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,903.50. The business has a 50-day moving average price of $1,539.82 and a 200 day moving average price of $1,371.98.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The firm had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. On average, sell-side analysts forecast that ASML Holding N.V. will post 36.86 earnings per share for the current fiscal year.

ASML Profile

ASML Holding N.V. NASDAQ: ASML is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML's product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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