Callahan Advisors LLC Increases Stock Holdings in ASML Holding N.V. (NASDAQ:ASML)

Callahan Advisors LLC raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 39.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,144 shares of the semiconductor company's stock after buying an additional 2,852 shares during the quarter. Callahan Advisors LLC's holdings in ASML were worth $6,722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in ASML. GAMMA Investing LLC grew its holdings 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 valued at $9,282,120,000 after buying an additional 1,398,805 shares in the last quarter. Edgewood Management LLC grew its holdings in shares of ASML by 43.1% in the fourth 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. Wellington Management Group LLP grew its holdings in shares of ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after purchasing an additional 281,156 shares in the last quarter. First Manhattan CO. LLC. grew its holdings in shares of ASML by 59.4% in the fourth quarter. First Manhattan CO. LLC. now owns 439,890 shares of the semiconductor company's stock valued at $307,374,000 after purchasing an additional 163,945 shares in the last quarter. Finally, Hyperion Asset Management Ltd grew its holdings in shares of ASML by 63.9% in the fourth quarter. Hyperion Asset Management Ltd now owns 297,882 shares of the semiconductor company's stock valued at $206,456,000 after purchasing an additional 116,121 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent analyst reports. Wells Fargo & Company lifted their price objective on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research note on Tuesday. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Sanford C. Bernstein started coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a research 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 given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $923.80.

ASML Price Performance

NASDAQ ASML traded down $0.16 during mid-day trading on Friday, hitting $801.93. The stock had a trading volume of 932,245 shares, compared to its average volume of 1,714,350. The firm's 50 day moving average is $759.69 and its 200 day moving average is $724.96. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,100.62. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. The stock has a market capitalization of $315.50 billion, a price-to-earnings ratio of 33.79, a PEG ratio of 1.68 and a beta of 1.73.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results 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 business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Equities research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML 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.