Stockman Wealth Management Inc. Buys 2,445 Shares of ASML Holding (NASDAQ:ASML)

Stockman Wealth Management Inc. lifted its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 14.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 19,500 shares of the semiconductor company's stock after purchasing an additional 2,445 shares during the quarter. ASML comprises 1.9% of Stockman Wealth Management Inc.'s holdings, making the stock its 16th biggest position. Stockman Wealth Management Inc.'s holdings in ASML were worth $12,921,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of ASML. GAMMA Investing LLC boosted its position in shares of ASML by 70,115.5% during the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after buying an additional 1,398,805 shares during the period. Edgewood Management LLC boosted its position in ASML by 43.1% during 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 last quarter. Amundi grew its stake in shares of ASML by 4,880.5% during the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after acquiring an additional 328,552 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after purchasing an additional 281,156 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of ASML in the fourth quarter worth $175,257,000. 26.07% of the stock is owned by institutional investors.

ASML Stock Performance

Shares of ASML stock traded up $14.23 during trading on Monday, hitting $775.23. 1,452,755 shares of the stock were exchanged, compared to its average volume of 1,683,588. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company has a fifty day moving average price of $710.27 and a 200-day moving average price of $715.17. The stock has a market capitalization of $304.99 billion, a price-to-earnings ratio of 37.27, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results 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 business had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of analyst reports. Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. Wells Fargo & Company decreased their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Susquehanna dropped their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Finally, Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.

About ASML

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.