Griffin Asset Management Inc. Grows Stock Position in ASML Holding N.V. $ASML

Key Points

• Griffin Asset Management increased its ASML stake by 3.5% in the fourth quarter, buying 741 more shares and bringing its total to 21,786 shares worth about $23.3 million. ASML is now the fund’s fourth-largest holding.
• Institutional ownership remains significant, with 26.07% of ASML shares held by hedge funds and other institutions. Several other funds also modestly raised their positions in the company during the quarter.
• Wall Street remains broadly constructive on ASML: analysts currently rate the stock a Moderate Buy, with a consensus price target of $1,504.38. Recent commentary has highlighted ASML’s exposure to AI-driven chip demand and its leading position in semiconductor equipment.

Griffin Asset Management Inc. raised its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 3.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,786 shares of the semiconductor company's stock after acquiring an additional 741 shares during the period. ASML makes up approximately 2.5% of Griffin Asset Management Inc.'s holdings, making the stock its 4th biggest holding. Griffin Asset Management Inc.'s holdings in ASML were worth $23,308,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Family Capital Management Inc. increased its position in ASML by 0.8% in the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company's stock worth $983,000 after purchasing an additional 7 shares during the last quarter. Sky Investment Group LLC lifted its position in ASML by 2.1% during the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company's stock valued at $411,000 after purchasing an additional 8 shares during the last quarter. BOS Asset Management LLC grew its stake in shares of ASML by 2.4% in the 4th quarter. BOS Asset Management LLC now owns 377 shares of the semiconductor company's stock worth $403,000 after buying an additional 9 shares in the last quarter. Foster Victor Wealth Advisors LLC grew its stake in shares of ASML by 1.2% in the 4th quarter. Foster Victor Wealth Advisors LLC now owns 765 shares of the semiconductor company's stock worth $818,000 after buying an additional 9 shares in the last quarter. Finally, Evergreen Wealth Management LLC increased its holdings in shares of ASML by 4.0% in the 4th quarter. Evergreen Wealth Management LLC now owns 235 shares of the semiconductor company's stock worth $252,000 after buying an additional 9 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ASML shares. UBS Group reaffirmed a "buy" rating on shares of ASML in a report on Wednesday. Freedom Capital raised ASML from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 16th. Berenberg Bank reaffirmed a "buy" rating on shares of ASML in a research note on Friday, May 8th. JPMorgan Chase & Co. reiterated a "buy" rating on shares of ASML in a report on Friday, May 15th. Finally, Zacks Research downgraded ASML from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $1,504.38.

ASML News Summary

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Reuters reported that ASML’s CEO said the global chip market will remain tight for the foreseeable future as AI, satellites, and robotics demand outpaces supply, reinforcing a strong long-term demand backdrop for ASML’s lithography tools. ASML CEO sees tight supply in booming chip market as AI demand soars
• Positive Sentiment: UBS named ASML its top pick in European semiconductors and raised its price target, citing upside from the AI chip boom and improving earnings expectations, which helped boost sentiment around the stock. ASML gains after UBS calls it Europe’s top semiconductor pick
• Positive Sentiment: Another UBS note called ASML an attractive risk/reward opportunity in European semiconductors, suggesting investors are focusing on ASML’s dominant role in chip equipment and its leverage to AI-driven capital spending. ASML Offers Attractive Risk/Reward in European Semiconductors, UBS Says
• Positive Sentiment: ASML also benefited from reports that it expects the first chips made with its new High-NA machines within months, which supports the growth case for its next-generation technology. ASML says first chips from new High-NA machines to arrive in months
• Positive Sentiment: ASML announced a partnership with Tata Electronics to supply lithography technology for India’s first commercial semiconductor fab, expanding its addressable market and strengthening its global growth story. ASML And Tata Chip Fab Deal Tests Valuation And Growth Expectations
• Neutral Sentiment: Several articles highlighted renewed investor attention, solid recent results, and higher earnings estimates from analysts, which generally supports the stock but largely reinforces themes already driving sentiment rather than introducing a new catalyst. ASML Holding N.V. (ASML) is Attracting Investor Attention
• Neutral Sentiment: Coverage noting ASML’s strong investment appeal and the interest from large funds such as Coatue underscores confidence in the company’s monopoly position, though it does not materially change the near-term outlook. Billionaire Philippe Laffont's Coatue drops massive $655M bet in critical chip monopoly

ASML Stock Performance

Shares of NASDAQ:ASML opened at $1,550.13 on Thursday. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,603.49. The company has a market capitalization of $609.64 billion, a price-to-earnings ratio of 55.60, a PEG ratio of 1.20 and a beta of 1.81. The firm's 50-day moving average is $1,424.03 and its 200 day moving average is $1,291.56.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The business had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Research analysts predict that ASML Holding N.V. will post 37.1 EPS for the current year.

ASML Profile

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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