Barlow Wealth Partners Inc. Has $17.78 Million Stock Holdings in ASML Holding N.V. (NASDAQ:ASML)

Barlow Wealth Partners Inc. grew its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 45.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,253 shares of the semiconductor company's stock after buying an additional 8,172 shares during the period. ASML makes up approximately 2.3% of Barlow Wealth Partners Inc.'s holdings, making the stock its 20th biggest position. Barlow Wealth Partners Inc.'s holdings in ASML were worth $17,780,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. D.A. Davidson & CO. lifted its position in shares of ASML by 6.8% in the first quarter. D.A. Davidson & CO. now owns 3,764 shares of the semiconductor company's stock worth $2,494,000 after buying an additional 239 shares during the last quarter. Rosenberg Matthew Hamilton lifted its position in shares of ASML by 7.9% during the 1st quarter. Rosenberg Matthew Hamilton now owns 354 shares of the semiconductor company's stock worth $235,000 after purchasing an additional 26 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of ASML by 17.7% during the 1st quarter. Principal Financial Group Inc. now owns 11,802 shares of the semiconductor company's stock worth $7,820,000 after purchasing an additional 1,777 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of ASML by 2.8% during the 1st quarter. Mutual Advisors LLC now owns 2,147 shares of the semiconductor company's stock worth $1,454,000 after purchasing an additional 58 shares during the last quarter. Finally, Capstone Wealth Management Group LLC lifted its position in shares of ASML by 5.2% during the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company's stock worth $1,664,000 after purchasing an additional 124 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on ASML. Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday, May 19th. Sanford C. Bernstein began coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective for the company. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Susquehanna cut their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Finally, Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $913.80.

ASML Stock Performance

ASML traded down $5.40 on Friday, hitting $794.20. 910,715 shares of the stock traded hands, compared to its average volume of 1,710,906. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,110.09. 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 capitalization of $312.45 billion, a PE ratio of 33.47, a P/E/G ratio of 1.66 and a beta of 1.73. The business has a fifty day moving average price of $749.55 and a two-hundred day moving average price of $722.83.

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 the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 28.32% and a return on equity of 51.82%. On average, research analysts predict 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.