Cidel Asset Management Inc. Trims Stock Position in ASML Holding N.V. $ASML

Key Points

• Cidel Asset Management cut its ASML stake by 24.6% in the first quarter, selling 3,355 shares and ending with 10,277 shares worth about $13.6 million.
• Wall Street sentiment remains mostly positive: analysts currently rate ASML Moderate Buy on average, with an average price target of $1,772.62, though some firms have recently downgraded or raised targets.
• ASML reported strong first-quarter results, posting $8.28 EPS on $10.15 billion in revenue, while the stock was trading around $1,778.46 and remained near its 52-week high.

Cidel Asset Management Inc. decreased its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 24.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,277 shares of the semiconductor company's stock after selling 3,355 shares during the period. Cidel Asset Management Inc.'s holdings in ASML were worth $13,574,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Richards Merrill & Peterson Inc. grew its holdings in shares of ASML by 12.5% during the first quarter. Richards Merrill & Peterson Inc. now owns 405 shares of the semiconductor company's stock worth $535,000 after purchasing an additional 45 shares during the last quarter. Investment Advisory Services Inc. TX ADV purchased a new stake in shares of ASML in the 1st quarter valued at about $201,000. Total Clarity Wealth Management Inc. acquired a new stake in shares of ASML in the 1st quarter valued at about $722,000. Essex Bank boosted its position in shares of ASML by 3.9% in the 1st quarter. Essex Bank now owns 1,171 shares of the semiconductor company's stock valued at $1,547,000 after purchasing an additional 44 shares during the period. Finally, Athena Wealth Management LLC purchased a new position in ASML during the 1st quarter worth approximately $461,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have weighed in on ASML. Morgan Stanley reiterated an "overweight" rating on shares of ASML in a research note on Wednesday, June 3rd. DZ Bank restated a "neutral" rating on shares of ASML in a research report on Wednesday, April 15th. Berenberg Bank reaffirmed a "buy" rating on shares of ASML in a report on Friday, May 8th. Morningstar cut shares of ASML to a "sell" rating in a report on Wednesday, May 27th. Finally, Zacks Research upgraded shares of ASML from a "hold" rating to a "strong-buy" rating in a research report on Thursday, June 4th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $1,772.62.

ASML Trading Down 7.8%

Shares of ASML stock opened at $1,778.46 on Wednesday. The company has a market capitalization of $699.44 billion, a P/E ratio of 63.79, a price-to-earnings-growth ratio of 1.55 and a beta of 1.82. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The business's 50 day moving average is $1,610.59 and its two-hundred day moving average is $1,411.79. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,959.04.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion during the quarter. Equities analysts forecast that ASML Holding N.V. will post 36.69 EPS for the current year.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Wells Fargo and other analysts turned more bullish on ASML, with price-target hikes and commentary highlighting strong second-quarter results expected across chip-equipment makers. Positive Q2 results expected from ASML and other chip equipment makers: Wells Fargo
• Positive Sentiment: Bank of America raised its price target on ASML and kept a Buy rating, signaling confidence in the company’s valuation and AI-driven demand outlook.
• Positive Sentiment: Multiple articles reiterated ASML’s “must-own” status in AI infrastructure because it remains the sole maker of critical advanced lithography tools, supporting the stock’s long-term investment case.
• Neutral Sentiment: The Netherlands announced it will join the U.S.-led Pax Silica AI initiative, reinforcing allied supply-chain coordination but also underscoring the growing policy scrutiny around ASML’s role in semiconductor exports. Reuters article
• Neutral Sentiment: ASML denied allegations that EUV tools were exported to China in violation of controls, which may help limit reputational damage, but the ongoing scrutiny keeps the issue in focus. ASML Denies China EUV Export Allegations As Scrutiny Builds
• Negative Sentiment: Investors are worried that tighter U.S.-aligned export rules could restrict software updates, replacement parts, and maintenance services for tools already installed in China, threatening a profitable recurring-revenue stream.
• Negative Sentiment: New competition from Nikon in mature-node immersion systems, plus emerging Chinese domestic lithography efforts, could pressure pricing and margins in ASML’s lower-end business.

About ASML

ASML Holding N.V. NASDAQ: ASML is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML's product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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