GRIMES & Co WEALTH MANAGEMENT LLC Sells 2,775 Shares of ASML Holding N.V. $ASML

Key Points

• GRIMES & Co WEALTH MANAGEMENT LLC cut its ASML stake by 19.2% in the fourth quarter, selling 2,775 shares and retaining 11,696 shares worth about $12.51 million per its SEC filing.
• ASML reported a strong quarter (EPS of $8.28, revenue $10.15 billion), trades at a premium valuation (market cap ~$596.5B, P/E ~54.4) and holds a consensus analyst rating of "Moderate Buy" with a $1,504.38 target.
• Near-term catalysts include AI-driven chip demand and ongoing share buybacks supporting the outlook, while proposed U.S. export restrictions (the MATCH Act) pose the main downside risk by potentially limiting China shipments.

GRIMES & Co WEALTH MANAGEMENT LLC lowered its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 19.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,696 shares of the semiconductor company's stock after selling 2,775 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC's holdings in ASML were worth $12,513,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of ASML. Capital International Investors boosted its position in ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company's stock valued at $3,791,982,000 after acquiring an additional 577,448 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in ASML during the third quarter valued at $505,510,000. Regents of The University of California bought a new stake in ASML during the third quarter valued at $413,335,000. WCM Investment Management LLC boosted its position in ASML by 24.9% during the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company's stock valued at $1,861,445,000 after acquiring an additional 385,502 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its position in ASML by 75.6% during the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company's stock valued at $765,632,000 after acquiring an additional 340,518 shares during the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,516.60 on Friday. The firm's 50-day moving average price is $1,400.34 and its 200-day moving average price is $1,260.42. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,550.00. The firm has a market capitalization of $596.45 billion, a P/E ratio of 54.40, a P/E/G ratio of 1.55 and a beta of 1.81. 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 (NASDAQ:ASML - Get Free Report) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Equities research analysts anticipate that ASML Holding N.V. will post 36.9 earnings per share for the current fiscal year.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: CEO Christophe Fouquet reiterated ASML's dominant position in EUV lithography and said AI-driven chip demand is strengthening the company’s outlook, a bullish signal for long-term demand and pricing power. ASML CEO says monopoly safe as AI chip demand soars
• Positive Sentiment: ASML reported continued execution of its January buyback program with transactions in late April — share repurchases support EPS and provide near-term demand for the stock. ASML Provides Regular Update on Share Buyback Program
• Positive Sentiment: Sector commentary highlights robust capital flows into semiconductor ETFs tied to AI infrastructure (SOXX, SMH, FTXL), underscoring demand tailwinds for ASML as a critical supplier to AI chipmakers. Semiconductor Leaders Are Crushing It on AI Infrastructure Demand
• Neutral Sentiment: ASML announced a $1.65M, three‑year grant to The Tech Interactive to expand STEM access — positive PR but unlikely to move fundamentals. The Tech Interactive Receives $1.65 Million ASML Grant
• Neutral Sentiment: ASML continues to draw investor attention and high valuation metrics (market cap and premium P/E) as noted in recent trending/analysis pieces — confirms interest but raises valuation sensitivity. ASML Is a Trending Stock: Facts to Know
• Negative Sentiment: Proposed U.S. legislation (MATCH Act) and tighter export controls targeting advanced lithography raise the risk that ASML could face limits on shipments or servicing of machines in China — this threat to a key revenue market is the main near-term negative catalyst. US Export Risks Confront ASML Monopoly As AI Demand Lifts Outlook

Analyst Ratings Changes

A number of analysts have commented on the stock. Royal Bank Of Canada upped their price target on shares of ASML from $1,625.00 to $1,700.00 and gave the company an "outperform" rating in a research report on Thursday, April 16th. UBS Group reiterated a "buy" rating on shares of ASML in a report on Thursday, April 23rd. JPMorgan Chase & Co. reiterated a "buy" rating on shares of ASML in a report on Monday, April 13th. Weiss Ratings upgraded shares of ASML from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, February 26th. Finally, Grupo Santander lowered shares of ASML to an "underperform" rating in a report on Thursday, January 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,504.38.

About ASML

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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