KG&L Capital Management LLC Purchases 2,663 Shares of ASML Holding N.V. (NASDAQ:ASML)

KG&L Capital Management LLC lifted its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 48.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,155 shares of the semiconductor company's stock after buying an additional 2,663 shares during the quarter. ASML comprises 1.8% of KG&L Capital Management LLC's investment portfolio, making the stock its 13th largest holding. KG&L Capital Management LLC's holdings in ASML were worth $5,404,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Baugh & Associates LLC acquired a new stake in ASML in the 1st quarter worth approximately $1,948,000. KPP Advisory Services LLC lifted its holdings in ASML by 32.5% in the 1st quarter. KPP Advisory Services LLC now owns 1,568 shares of the semiconductor company's stock worth $1,039,000 after purchasing an additional 385 shares during the last quarter. Goldstein Advisors LLC lifted its holdings in ASML by 8.8% in the 1st quarter. Goldstein Advisors LLC now owns 334 shares of the semiconductor company's stock worth $221,000 after purchasing an additional 27 shares during the last quarter. Penobscot Investment Management Company Inc. lifted its holdings in ASML by 22.0% in the 1st quarter. Penobscot Investment Management Company Inc. now owns 2,506 shares of the semiconductor company's stock worth $1,661,000 after purchasing an additional 452 shares during the last quarter. Finally, Nvest Financial LLC lifted its holdings in ASML by 39.2% in the 1st quarter. Nvest Financial LLC now owns 880 shares of the semiconductor company's stock worth $583,000 after purchasing an additional 248 shares during the last quarter. Institutional investors own 26.07% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a report on Thursday. Wells Fargo & Company reduced their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna cut their price target 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, Citigroup reiterated a "buy" rating on shares of ASML in a report on Monday, May 19th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $913.80.

ASML Stock Performance

Shares of ASML stock traded down $2.14 during trading hours on Friday, reaching $795.95. 1,200,605 shares of the company's stock were exchanged, compared to its average volume of 1,702,013. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The stock has a market capitalization of $313.14 billion, a P/E ratio of 33.54, a P/E/G ratio of 1.55 and a beta of 1.74. The business has a fifty day moving average price of $735.42 and a 200-day moving average price of $720.13. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. Analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

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.