Triple Frond Partners LLC Decreases Stock Position in ASML Holding N.V. $ASML

Triple Frond Partners LLC trimmed its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 106,778 shares of the semiconductor company's stock after selling 4,692 shares during the quarter. ASML accounts for about 11.9% of Triple Frond Partners LLC's holdings, making the stock its 3rd largest position. Triple Frond Partners LLC's holdings in ASML were worth $114,238,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ASML. Family Capital Management Inc. raised its position in shares of ASML by 0.8% in the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company's stock worth $983,000 after acquiring an additional 7 shares in the last quarter. 44 Wealth Management LLC raised its position in shares of ASML by 1.1% in the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company's stock worth $703,000 after acquiring an additional 7 shares in the last quarter. Sky Investment Group LLC raised its position in shares of ASML by 2.1% in the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company's stock worth $411,000 after acquiring an additional 8 shares in the last quarter. White Lighthouse Investment Management Inc. raised its position in shares of ASML by 2.2% in the 4th quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company's stock worth $390,000 after acquiring an additional 8 shares in the last quarter. Finally, Main Management ETF Advisors LLC raised its position in shares of ASML by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company's stock worth $838,000 after acquiring an additional 8 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ASML has been the subject of several research reports. Barclays reissued an "overweight" rating on shares of ASML in a research report on Thursday, June 4th. Susquehanna reaffirmed a "positive" rating on shares of ASML in a research report on Thursday, April 9th. Morningstar lowered ASML to a "sell" rating in a research report on Wednesday, May 27th. Freedom Capital raised ASML from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 16th. Finally, JPMorgan Chase & Co. raised their price objective on ASML from $1,813.00 to $2,200.00 and gave the company a "buy" rating in a research report on Wednesday, June 3rd. Four investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $1,589.63.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML's Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML's EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

ASML Stock Down 1.9%

ASML stock opened at $1,863.55 on Friday. The firm has a market cap of $732.90 billion, a PE ratio of 66.84, a price-to-earnings-growth ratio of 1.52 and a beta of 1.82. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average of $1,539.82 and a 200 day moving average of $1,369.29. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,903.50.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, research analysts forecast that ASML Holding N.V. will post 36.93 EPS for the current fiscal year.

ASML Company Profile

ASML Holding N.V. NASDAQ: ASML is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML's product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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