SteelPeak Wealth LLC boosted its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 45.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 6,390 shares of the semiconductor company's stock after acquiring an additional 1,999 shares during the period. SteelPeak Wealth LLC's holdings in ASML were worth $4,234,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Edgewood Management LLC grew its stake in ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after acquiring an additional 959,696 shares during the period. GAMMA Investing LLC grew its stake in ASML by 70,115.5% in the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after acquiring an additional 1,398,805 shares during the period. Clearbridge Investments LLC grew its stake in ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock worth $868,324,000 after acquiring an additional 33,603 shares during the period. Neuberger Berman Group LLC grew its stake in ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock worth $667,155,000 after acquiring an additional 13,115 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in ASML by 5.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock worth $622,769,000 after acquiring an additional 46,028 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
ASML has been the subject of several research reports. 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 report on Monday, May 19th. Wells Fargo & Company boosted their price target on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday. Sanford C. Bernstein began coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target for the company. Finally, Susquehanna lowered their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $923.80.
Get Our Latest Research Report on ASML
ASML Stock Down 0.0%
Shares of ASML traded down $0.16 during midday trading on Friday, reaching $801.93. 932,245 shares of the company were exchanged, compared to its average volume of 1,714,351. The stock has a 50-day moving average price of $761.93 and a 200-day moving average price of $725.53. The company has a market cap of $315.50 billion, a price-to-earnings ratio of 33.79, a P/E/G ratio of 1.68 and a beta of 1.73. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,100.62. 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 quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. Research analysts expect that ASML Holding N.V. 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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