Callahan Advisors LLC Purchases 1,760 Shares of ASML Holding N.V. $ASML

Key Points

• Callahan Advisors LLC increased its holdings in ASML Holding N.V. by 17.4%, bringing their total to 11,904 shares, valued at approximately $9.54 million.
• ASML reported earnings per share of $4.55 in its latest quarter, missing analysts' expectations of $5.94, despite recording a revenue increase of 23.2% year-over-year.
• The company's stock received multiple ratings upgrades recently, with analysts providing a consensus price target of $1,001.60 and a general rating of "Moderate Buy."

Callahan Advisors LLC raised its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 17.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,904 shares of the semiconductor company's stock after purchasing an additional 1,760 shares during the quarter. Callahan Advisors LLC's holdings in ASML were worth $9,540,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ASML. Putney Financial Group LLC increased its stake in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 29 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in ASML during the 1st quarter valued at about $27,000. Maseco LLP bought a new stake in ASML in the 2nd quarter worth about $32,000. Knuff & Co LLC bought a new stake in ASML in the 1st quarter worth about $33,000. Finally, Costello Asset Management INC increased its holdings in ASML by 147.1% in the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company's stock worth $34,000 after buying an additional 25 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 2.7%

ASML stock opened at $1,009.81 on Thursday. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The stock has a market cap of $397.14 billion, a P/E ratio of 42.15, a PEG ratio of 1.66 and a beta of 1.87. The business's 50-day moving average price is $852.01 and its 200-day moving average price is $768.34.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The company had revenue of $8.94 billion for the quarter, compared to analysts' expectations of $8.72 billion. During the same period in the previous year, the firm earned $4.01 earnings per share. The firm's quarterly revenue was up 23.2% on a year-over-year basis. On average, equities research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

Analyst Ratings Changes

ASML has been the subject of several research analyst reports. Citigroup reiterated a "buy" rating on shares of ASML in a report on Tuesday, October 7th. UBS Group reiterated a "buy" rating on shares of ASML in a report on Wednesday. Susquehanna lifted their price objective on ASML from $965.00 to $1,150.00 and gave the stock a "positive" rating in a report on Friday, October 10th. Morgan Stanley upgraded ASML from an "equal weight" rating to an "overweight" rating in a report on Monday, September 22nd. Finally, DZ Bank reiterated a "neutral" rating on shares of ASML in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $1,001.60.

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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