Envestnet Asset Management Inc. Increases Stock Position in ASML Holding N.V. (NASDAQ:ASML)

Envestnet Asset Management Inc. lifted its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 12.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 430,721 shares of the semiconductor company's stock after buying an additional 46,828 shares during the period. Envestnet Asset Management Inc. owned approximately 0.11% of ASML worth $285,408,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Sfmg LLC increased its holdings in shares of ASML by 3.0% in the fourth quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock worth $354,000 after buying an additional 15 shares during the period. Norinchukin Bank The increased its holdings in ASML by 1.8% during the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock valued at $594,000 after purchasing an additional 15 shares during the period. Coppell Advisory Solutions LLC increased its holdings in ASML by 18.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock valued at $67,000 after purchasing an additional 15 shares during the period. Nilsine Partners LLC increased its holdings in ASML by 2.6% during the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock valued at $418,000 after purchasing an additional 16 shares during the period. Finally, First Horizon Advisors Inc. increased its holdings in ASML by 3.2% during the 1st quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company's stock valued at $342,000 after purchasing an additional 16 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Up 0.3%

ASML stock traded up $2.07 during trading hours on Thursday, hitting $801.90. 1,068,097 shares of the stock traded hands, compared to its average volume of 1,710,465. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The firm's 50-day moving average price is $756.99 and its two-hundred day moving average price is $724.40. 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 market cap of $315.49 billion, a PE ratio of 33.79, a PEG ratio of 1.66 and a beta of 1.73.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 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 firm had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. On average, research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ASML shares. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Wells Fargo & Company boosted their price target on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Susquehanna reduced their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Finally, Sanford C. Bernstein assumed coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, ASML currently has a consensus rating of "Moderate Buy" and an average target price of $923.80.

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.