North Star Asset Management Inc. increased its stake in ASML Holding (NASDAQ:ASML - Free Report) by 12.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,762 shares of the semiconductor company's stock after buying an additional 3,692 shares during the period. North Star Asset Management Inc.'s holdings in ASML were worth $22,707,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Cyndeo Wealth Partners LLC increased its stake in shares of ASML by 0.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock worth $2,223,000 after buying an additional 14 shares during the last quarter. Trust Point Inc. increased its stake in shares of ASML by 2.4% in the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock worth $420,000 after buying an additional 14 shares during the last quarter. Sunpointe LLC increased its stake in shares of ASML by 1.3% in the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after buying an additional 14 shares during the last quarter. Wealth Quarterback LLC increased its stake in shares of ASML by 1.1% in the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock worth $923,000 after buying an additional 15 shares during the last quarter. Finally, Sfmg LLC increased its stake in ASML by 3.0% during the fourth quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock valued at $354,000 after purchasing an additional 15 shares during the last quarter. Institutional investors own 26.07% of the company's stock.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on the stock. Susquehanna lowered 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. Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday. Wells Fargo & Company lowered 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. JPMorgan Chase & Co. lowered their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Finally, DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and a consensus target price of $906.00.
Check Out Our Latest Research Report on ASML
ASML Stock Performance
Shares of ASML opened at $732.49 on Friday. ASML Holding has a 1 year low of $578.51 and a 1 year high of $1,110.09. The company has a market cap of $288.18 billion, a price-to-earnings ratio of 35.22, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. 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 firm has a fifty day moving average of $686.48 and a 200-day moving average of $705.72.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. As a group, equities analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.
ASML Company Profile
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Free Report)
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.
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