Oppenheimer & Co. Inc. Boosts Stake in ASML Holding N.V. (NASDAQ:ASML)

Oppenheimer & Co. Inc. grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 136.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,498 shares of the semiconductor company's stock after acquiring an additional 8,362 shares during the period. Oppenheimer & Co. Inc.'s holdings in ASML were worth $9,607,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in ASML. Oppenheimer Asset Management Inc. lifted its holdings in shares of ASML by 31.4% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 46,847 shares of the semiconductor company's stock worth $31,042,000 after purchasing an additional 11,193 shares in the last quarter. Stiles Financial Services Inc lifted its stake in shares of ASML by 12.8% in the first quarter. Stiles Financial Services Inc now owns 5,628 shares of the semiconductor company's stock valued at $3,737,000 after buying an additional 640 shares in the last quarter. Pursue Wealth Partners LLC acquired a new position in shares of ASML during the first quarter valued at about $331,000. TrueMark Investments LLC bought a new stake in shares of ASML during the first quarter worth about $1,948,000. Finally, Hudson Value Partners LLC raised its holdings in shares of ASML by 10.0% in the 1st quarter. Hudson Value Partners LLC now owns 5,623 shares of the semiconductor company's stock worth $3,726,000 after acquiring an additional 511 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Stock Performance

Shares of NASDAQ:ASML traded down $2.14 during mid-day trading on Friday, reaching $795.95. The company had a trading volume of 1,199,387 shares, compared to its average volume of 1,698,352. The company's 50-day moving average price is $732.31 and its 200-day moving average price is $719.50. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The firm has a market cap of $313.14 billion, a price-to-earnings ratio of 33.54, a PEG ratio of 1.58 and a beta of 1.74. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last issued its 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. The firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. As a group, equities research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Sanford C. Bernstein initiated coverage on ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price objective for the company. Barclays reaffirmed an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday, May 19th. Wells Fargo & Company decreased their price objective 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. Finally, Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a report on Thursday. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and an average target price of $913.80.

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.