Envestnet Asset Management Inc. Acquires 46,828 Shares of ASML Holding N.V. (NASDAQ:ASML)

Envestnet Asset Management Inc. raised its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 12.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & 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 about 0.11% of ASML worth $285,408,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of ASML. Edgewood Management LLC increased its stake 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 increased its stake in shares of ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after buying an additional 1,398,805 shares during the period. Clearbridge Investments LLC raised its holdings in ASML by 2.8% during the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock valued at $868,324,000 after buying an additional 33,603 shares during the last quarter. Neuberger Berman Group LLC raised its holdings in ASML by 1.4% during the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after buying an additional 13,115 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in ASML by 5.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock worth $622,769,000 after acquiring an additional 46,028 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Up 0.7%

NASDAQ:ASML traded up $5.73 during mid-day trading on Wednesday, hitting $799.83. 1,333,417 shares of the company's stock were exchanged, compared to its average volume of 1,712,926. The company has a market cap of $314.67 billion, a PE ratio of 33.71, a P/E/G ratio of 1.66 and a beta of 1.73. 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 Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The business has a fifty day moving average price of $754.35 and a 200 day moving average price of $723.88.

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. Equities analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on ASML. Wells Fargo & Company upped their price objective on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday. Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna reduced their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Finally, Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday, May 19th. Five research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently 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.