Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 19.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,135 shares of the semiconductor company's stock after acquiring an additional 2,454 shares during the quarter. Sumitomo Mitsui Trust Group Inc.'s holdings in ASML were worth $10,029,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Putney Financial Group LLC increased its stake in ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 29 shares during the last quarter. Wellington Shields & Co. LLC increased its stake in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 37 shares during the last quarter. Pinnacle Bancorp Inc. bought a new stake in ASML during the first quarter worth approximately $42,000. Alpine Bank Wealth Management bought a new stake in ASML during the first quarter worth approximately $43,000. Finally, Investment Management Corp VA ADV bought a new stake in ASML during the fourth quarter worth approximately $46,000. 26.07% of the stock is owned by institutional investors.
ASML Trading Down 0.7%
Shares of NASDAQ ASML traded down $5.40 during trading hours on Friday, reaching $794.20. The stock had a trading volume of 910,715 shares, compared to its average volume of 1,710,906. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The firm has a market cap of $312.45 billion, a price-to-earnings ratio of 33.47, a P/E/G ratio of 1.66 and a beta of 1.73. The business's fifty day moving average price is $749.55 and its two-hundred day moving average price is $722.74. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,110.09.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results 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. The firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. Analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have weighed in on ASML shares. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Sanford C. Bernstein started coverage on ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price on the stock. Wells Fargo & Company cut their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Susquehanna cut their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Five equities research 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, the company presently has an average rating of "Moderate Buy" and an average target price of $913.80.
Read Our Latest Analysis on ASML
ASML Company Profile
(
Free Report)
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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