Bank of New York Mellon Corp Buys 6,310 Shares of ASML Holding N.V. (NASDAQ:ASML)

Bank of New York Mellon Corp lifted its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 2.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 245,801 shares of the semiconductor company's stock after acquiring an additional 6,310 shares during the period. Bank of New York Mellon Corp owned approximately 0.06% of ASML worth $162,875,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Edgewood Management LLC boosted its stake in shares of ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after purchasing an additional 959,696 shares in the last quarter. GAMMA Investing LLC boosted its position in ASML by 70,115.5% during the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after acquiring an additional 1,398,805 shares during the last quarter. Clearbridge Investments LLC boosted its position in ASML by 2.8% during the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock worth $868,324,000 after acquiring an additional 33,603 shares during the last quarter. Neuberger Berman Group LLC boosted its holdings in shares of ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after buying an additional 13,115 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in ASML by 5.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock valued at $622,769,000 after acquiring an additional 46,028 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on ASML. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Susquehanna lowered their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Sanford C. Bernstein initiated coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective on the stock. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Barclays reissued an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Trading Up 1.1%

Shares of ASML stock traded up $9.01 during mid-day trading on Tuesday, reaching $794.10. 1,327,122 shares of the stock traded hands, compared to its average volume of 1,707,995. The stock's fifty day simple moving average is $751.79 and its two-hundred day simple moving average is $723.39. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company has a market cap of $312.41 billion, a price-to-earnings ratio of 33.46, a price-to-earnings-growth ratio of 1.66 and a beta of 1.73. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating 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 firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. On average, research analysts anticipate that ASML Holding N.V. will post 25.17 EPS 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.