Cerity Partners LLC Raises Holdings in ASML Holding N.V. (NASDAQ:ASML)

Cerity Partners LLC increased its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 90.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 70,460 shares of the semiconductor company's stock after purchasing an additional 33,469 shares during the quarter. Cerity Partners LLC's holdings in ASML were worth $46,689,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ASML shares. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Wells Fargo & Company increased their target price on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday. Susquehanna reduced their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Barclays reissued an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Finally, Sanford C. Bernstein assumed coverage on ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, ASML currently has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Price Performance

Shares of ASML stock traded down $0.16 during trading hours on Friday, reaching $801.93. The company had a trading volume of 932,245 shares, compared to its average volume of 1,714,351. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. The stock has a fifty day moving average of $761.93 and a 200-day moving average of $725.53. The company 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 Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,100.62.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. On average, equities analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current 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.