ASML Holding N.V. (NASDAQ:ASML) Shares Purchased by Factory Mutual Insurance Co.

Factory Mutual Insurance Co. increased its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 13.7% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 68,121 shares of the semiconductor company's stock after purchasing an additional 8,200 shares during the quarter. Factory Mutual Insurance Co.'s holdings in ASML were worth $45,139,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Edgewood Management LLC grew 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 valued at $2,208,615,000 after buying an additional 959,696 shares in the last quarter. GAMMA Investing LLC grew 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 valued at $9,282,120,000 after buying an additional 1,398,805 shares in the last quarter. Clearbridge Investments LLC grew its holdings in 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 buying an additional 33,603 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in 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 buying an additional 13,115 shares in 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 valued at $622,769,000 after buying an additional 46,028 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Down 2.0%

Shares of ASML stock traded down $15.37 during trading hours on Tuesday, hitting $759.86. The company's stock had a trading volume of 1,419,922 shares, compared to its average volume of 1,685,911. The firm has a fifty day moving average of $715.32 and a 200-day moving average of $716.10. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,110.09. 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 market cap of $298.94 billion, a price-to-earnings ratio of 32.02, a P/E/G ratio of 1.51 and a beta of 1.74.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $7.90 billion. Research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ASML. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Wells Fargo & Company decreased their price target on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Susquehanna decreased their price target 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. Finally, Sanford C. Bernstein initiated coverage on ASML in a research note on Tuesday. They issued a "market perform" rating and a $806.00 price target on the stock. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, ASML has a consensus rating of "Moderate Buy" and an average price target 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.