Simmons Bank Acquires New Holdings in ASML Holding N.V. (NASDAQ:ASML)

Simmons Bank acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,990 shares of the semiconductor company’s stock, valued at approximately $1,981,000.

Other institutional investors also recently added to or reduced their stakes in the company. Sfmg LLC boosted its holdings in ASML by 3.0% in the fourth quarter. Sfmg LLC now owns 511 shares of the semiconductor company’s stock worth $354,000 after acquiring an additional 15 shares in the last quarter. Norinchukin Bank The boosted its holdings in ASML by 1.8% in the fourth quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company’s stock worth $594,000 after acquiring an additional 15 shares in the last quarter. Coppell Advisory Solutions LLC boosted its holdings in ASML by 18.5% in the fourth quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company’s stock worth $67,000 after acquiring an additional 15 shares in the last quarter. Nilsine Partners LLC boosted its holdings in ASML by 2.6% in the first quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company’s stock worth $418,000 after acquiring an additional 16 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its holdings in ASML by 3.2% in the first quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company’s stock worth $342,000 after acquiring an additional 16 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 0.7%

Shares of ASML stock opened at $794.20 on Friday. The stock has a 50 day moving average of $749.55 and a 200 day moving average of $722.74. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The stock has a market cap of $312.45 billion, a P/E ratio of 33.47, a P/E/G ratio of 1.66 and a beta of 1.73. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion during 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%. As a group, sell-side analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on ASML. Sanford C. Bernstein began coverage on ASML in a report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 target price for the company. Jefferies Financial Group downgraded ASML from a “buy” rating to a “hold” rating in a report on Thursday, June 26th. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Monday, May 19th. Barclays reaffirmed an “equal weight” rating on shares of ASML in a report on Tuesday, June 3rd. Finally, Susquehanna decreased their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a report on Thursday, April 17th. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $913.80.

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.