ASML Holding N.V. (NASDAQ:ASML) Position Boosted by Stephens Inc. AR

Stephens Inc. AR increased its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 53.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,760 shares of the semiconductor company's stock after purchasing an additional 961 shares during the quarter. Stephens Inc. AR's holdings in ASML were worth $1,829,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Putney Financial Group LLC boosted its holdings in ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 29 shares in the last quarter. Wayfinding Financial LLC bought a new stake in shares of ASML during the 1st quarter worth $35,000. Pinnacle Bancorp Inc. acquired a new stake in shares of ASML in the first quarter valued at about $42,000. Olde Wealth Management LLC bought a new position in shares of ASML in the first quarter worth about $42,000. Finally, Alpine Bank Wealth Management acquired a new position in shares of ASML during the 1st quarter worth about $43,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ASML shares. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Sanford C. Bernstein started coverage on shares of ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price on the stock. Barclays reissued an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Jefferies Financial Group downgraded shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Finally, Wells Fargo & Company upped their price objective on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Five 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $923.80.

ASML Stock Performance

ASML opened at $754.45 on Thursday. The business's 50-day simple moving average is $768.31 and its 200 day simple moving average is $727.15. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $979.99. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. The firm has a market capitalization of $296.82 billion, a PE ratio of 31.79, a PEG ratio of 1.72 and a beta of 1.73.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts' expectations of $7.90 billion. As a group, sell-side analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

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.

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