ASML Holding (NASDAQ:ASML) Stock Position Raised by Merit Financial Group LLC

Merit Financial Group LLC lifted its stake in ASML Holding (NASDAQ:ASML - Free Report) by 48.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,120 shares of the semiconductor company's stock after acquiring an additional 688 shares during the period. Merit Financial Group LLC's holdings in ASML were worth $1,405,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in ASML. Mather Group LLC. lifted its stake in shares of ASML by 13.8% in the 4th quarter. Mather Group LLC. now owns 412 shares of the semiconductor company's stock worth $286,000 after acquiring an additional 50 shares during the period. Stratos Wealth Partners LTD. lifted its stake in shares of ASML by 9.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 4,608 shares of the semiconductor company's stock worth $3,194,000 after acquiring an additional 400 shares during the period. YANKCOM Partnership acquired a new stake in shares of ASML in the 4th quarter worth approximately $94,000. Telos Capital Management Inc. lifted its stake in ASML by 8.2% during the fourth quarter. Telos Capital Management Inc. now owns 10,144 shares of the semiconductor company's stock valued at $7,031,000 after purchasing an additional 771 shares during the last quarter. Finally, Leo Wealth LLC lifted its stake in ASML by 197.7% during the fourth quarter. Leo Wealth LLC now owns 1,280 shares of the semiconductor company's stock valued at $887,000 after purchasing an additional 850 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Trading Up 2.3%

Shares of NASDAQ:ASML traded up $17.18 during mid-day trading on Monday, hitting $770.20. The stock had a trading volume of 1,768,286 shares, compared to its average volume of 1,674,328. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The company has a market cap of $303.01 billion, a PE ratio of 37.03, a P/E/G ratio of 1.62 and a beta of 1.74. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09. The company's 50 day moving average is $696.74 and its 200-day moving average is $712.24.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, sell-side analysts predict that ASML Holding will post 25.17 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on ASML shares. Susquehanna cut their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Barclays reissued an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. Finally, Wells Fargo & Company cut their target price 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. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

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.