Strategic Planning Group LLC boosted its position in ASML Holding (NASDAQ:ASML - Free Report) by 38.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,822 shares of the semiconductor company's stock after acquiring an additional 1,622 shares during the quarter. Strategic Planning Group LLC's holdings in ASML were worth $3,858,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the company. Edgewood Management LLC raised 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 buying an additional 959,696 shares in the last quarter. Van ECK Associates Corp grew its position in ASML by 1.8% in the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company's stock valued at $1,239,421,000 after acquiring an additional 31,231 shares during the last quarter. GAMMA Investing LLC raised 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 acquiring an additional 1,398,805 shares in the last quarter. Clearbridge Investments LLC lifted its holdings in shares of ASML by 2.8% in the fourth 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 last quarter. Finally, Neuberger Berman Group LLC boosted its stake in shares of ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after purchasing an additional 13,115 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Trading Up 0.7%
Shares of ASML stock traded up $5.03 during trading hours on Thursday, hitting $747.81. 1,506,317 shares of the company were exchanged, compared to its average volume of 1,674,739. The company has a 50 day simple moving average of $691.30 and a two-hundred day simple moving average of $709.71. The firm has a market cap of $294.20 billion, a P/E ratio of 35.95, a P/E/G ratio of 1.62 and a beta of 1.74. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week 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 net margin of 26.78% and a return on equity of 47.73%. Equities analysts anticipate that ASML Holding will post 25.17 EPS for the current year.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on ASML. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Susquehanna dropped their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Barclays reissued an "equal weight" rating on shares of ASML in a report on Tuesday. Finally, Wells Fargo & Company dropped their price target 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. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, ASML currently has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.
Check Out Our Latest Report on ASML
ASML Profile
(
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.
Featured Stories
Before you consider ASML, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASML wasn't on the list.
While ASML currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
