Canton Hathaway LLC Buys New Position in ASML Holding N.V. (NASDAQ:ASML)

Canton Hathaway LLC bought a new stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 450 shares of the semiconductor company's stock, valued at approximately $298,000.

Several other large investors have also bought and sold shares of the company. Edgewood Management LLC boosted its stake in ASML by 43.1% during 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 buying an additional 959,696 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of ASML by 70,115.5% in 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 purchasing an additional 1,398,805 shares during the period. Clearbridge Investments LLC boosted its position in shares of ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock valued at $868,324,000 after purchasing an additional 33,603 shares during the period. Neuberger Berman Group LLC boosted its position 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 purchasing an additional 13,115 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of 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 purchasing an additional 46,028 shares during the period. Institutional investors own 26.07% of the company's stock.

ASML Price Performance

NASDAQ:ASML opened at $756.53 on Friday. The stock has a market cap of $297.63 billion, a P/E ratio of 31.88, a PEG ratio of 1.48 and a beta of 1.74. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The company has a fifty day moving average price of $720.80 and a 200 day moving average price of $717.02. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 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 analysts' expectations of $7.90 billion. ASML had a net margin of 28.32% and a return on equity of 51.82%. Analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on ASML shares. Barclays reiterated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Sanford C. Bernstein started coverage on ASML in a research report on Tuesday. They issued a "market perform" rating and a $806.00 price target for the company. Citigroup reiterated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Susquehanna dropped their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $913.80.

About ASML

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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