Marietta Wealth Management LLC Has $6.94 Million Stock Position in ASML Holding N.V. (NASDAQ:ASML)

Marietta Wealth Management LLC boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 12.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,475 shares of the semiconductor company's stock after purchasing an additional 1,195 shares during the quarter. Marietta Wealth Management LLC's holdings in ASML were worth $6,941,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Putney Financial Group LLC lifted its position in shares of ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 29 shares during the last quarter. Wellington Shields & Co. LLC raised its stake in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML during the 4th quarter worth about $31,000. Tradewinds Capital Management LLC increased its stake in ASML by 96.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock valued at $41,000 after acquiring an additional 29 shares during the period. Finally, Investment Management Corp VA ADV acquired a new stake in shares of ASML during the 4th quarter worth approximately $46,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on ASML. Wells Fargo & Company decreased their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Barclays reissued an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Sanford C. Bernstein assumed coverage on shares of ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target on the stock. Susquehanna lowered their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Finally, Citigroup reiterated a "buy" rating on shares of ASML in a report on Monday, May 19th. Four research 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's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $913.80.

ASML Stock Down 0.7%

Shares of NASDAQ ASML traded down $5.11 during trading hours on Friday, hitting $756.53. The company had a trading volume of 2,302,021 shares, compared to its average volume of 1,692,175. The stock has a market capitalization of $297.63 billion, a P/E ratio of 31.88, a price-to-earnings-growth ratio of 1.47 and a beta of 1.74. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The firm's 50 day moving average is $720.80 and its 200-day moving average is $717.00. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09.

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

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.