Strategic Advisors LLC increased its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 37.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,030 shares of the semiconductor company's stock after buying an additional 826 shares during the quarter. Strategic Advisors LLC's holdings in ASML were worth $2,008,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Edgewood Management LLC grew its holdings in shares of 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 purchasing an additional 959,696 shares in the last quarter. GAMMA Investing LLC boosted its stake in 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 in the last quarter. Clearbridge Investments LLC lifted its holdings in shares of ASML by 2.8% during 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 increased its stake in ASML by 1.4% in the fourth quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after acquiring an additional 13,115 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in ASML by 5.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock worth $622,769,000 after purchasing an additional 46,028 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.
ASML Price Performance
ASML stock opened at $775.23 on Tuesday. The business's fifty day moving average is $713.86 and its two-hundred day moving average is $715.79. 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 market cap of $304.99 billion, a P/E ratio of 37.27, a P/E/G ratio of 1.62 and a beta of 1.74. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09.
ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly 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. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Equities research analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the company. Barclays reaffirmed an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Citigroup reiterated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Wells Fargo & Company cut 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. Finally, Susquehanna lowered their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Three 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $906.00.
Check Out Our Latest Report on ASML
About ASML
(
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.
Further Reading
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