Factory Mutual Insurance Co. Raises Stock Holdings in ASML Holding N.V. (NASDAQ:ASML)

Factory Mutual Insurance Co. grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 13.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 68,121 shares of the semiconductor company's stock after buying an additional 8,200 shares during the period. Factory Mutual Insurance Co.'s holdings in ASML were worth $45,139,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wellington Shields & Co. LLC boosted its stake in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML during the fourth quarter valued at approximately $31,000. Roxbury Financial LLC purchased a new position in shares of ASML during the fourth quarter valued at approximately $39,000. Tradewinds Capital Management LLC boosted its position in shares of ASML by 96.7% in the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 29 shares in the last quarter. Finally, Investment Management Corp VA ADV purchased a new stake in shares of ASML in the 4th quarter worth approximately $46,000. Institutional investors own 26.07% of the company's stock.

ASML Stock Up 0.2%

Shares of NASDAQ:ASML traded up $1.78 during trading on Wednesday, reaching $761.64. The stock had a trading volume of 1,370,850 shares, compared to its average volume of 1,684,653. The company has a market capitalization of $299.64 billion, a P/E ratio of 32.10, a PEG ratio of 1.51 and a beta of 1.74. 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 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 simple moving average is $715.32 and its 200 day simple moving average is $716.10.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results 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. ASML had a return on equity of 51.82% and a net margin of 28.32%. The business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. As a group, research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Wells Fargo & Company reduced their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday, May 19th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. 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. Finally, Sanford C. Bernstein assumed coverage on ASML in a research note on Tuesday. They issued a "market perform" rating and a $806.00 price target for the company. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $913.80.

ASML Company 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.