ASML Holding N.V. (NASDAQ:ASML) Shares Purchased by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. increased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 22.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,506 shares of the semiconductor company's stock after purchasing an additional 452 shares during the period. Penobscot Investment Management Company Inc.'s holdings in ASML were worth $1,661,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Putney Financial Group LLC boosted its stake in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 29 shares in the last quarter. Wellington Shields & Co. LLC boosted its stake in ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in ASML in the fourth quarter valued at approximately $31,000. Pinnacle Bancorp Inc. acquired a new stake in ASML in the first quarter valued at approximately $42,000. Finally, Alpine Bank Wealth Management acquired a new stake in ASML in the first quarter valued at approximately $43,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Sanford C. Bernstein assumed coverage on shares of ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price for the company. 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. 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. Jefferies Financial Group downgraded shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Five equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus 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 on Friday, hitting $795.95. 1,200,605 shares of the company's stock were exchanged, compared to its average volume of 1,702,013. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. The business has a 50-day simple moving average of $735.42 and a 200-day simple moving average of $720.13. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,110.09. The stock has a market capitalization of $313.14 billion, a price-to-earnings ratio of 33.54, a PEG ratio of 1.55 and a beta of 1.74.

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, topping the consensus estimate of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The firm had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. On average, research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

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.