ASML Holding N.V. $ASML Shares Sold by Saratoga Research & Investment Management

Saratoga Research & Investment Management decreased its stake in ASML Holding N.V. (NASDAQ:ASML) by 4.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 70,236 shares of the semiconductor company’s stock after selling 3,594 shares during the quarter. ASML accounts for about 3.9% of Saratoga Research & Investment Management’s investment portfolio, making the stock its 10th largest holding. Saratoga Research & Investment Management’s holdings in ASML were worth $75,143,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Telos Capital Management Inc. boosted its position in ASML by 4.5% during the 3rd quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock worth $10,504,000 after acquiring an additional 463 shares during the period. Regents of The University of California acquired a new stake in ASML during the 3rd quarter worth about $413,335,000. Dimensional Fund Advisors LP boosted its position in ASML by 4.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after acquiring an additional 38,660 shares during the period. Transcendent Capital Group LLC acquired a new stake in shares of ASML during the 3rd quarter valued at about $680,000. Finally, Principal Financial Group Inc. lifted its holdings in shares of ASML by 34.5% during the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after buying an additional 4,001 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML and Tata Electronics signed a deal to support an advanced chip fab project in Gujarat, India, highlighting new growth opportunities for ASML in a major emerging semiconductor market. Dutch chip giant ASML signs deal with Tata to power India semiconductor plant
• Positive Sentiment: Multiple reports said the Tata-ASML agreement strengthens India’s semiconductor push, which could boost long-term demand for ASML’s lithography systems. Tata Electronics partners with ASML for its $11Bn chip manufacturing project
• Positive Sentiment: Goldman Sachs reiterated its “Buy” rating on ASML, adding to investor confidence in the stock’s outlook. ASML’s (ASML) “Buy” Rating Reiterated at The Goldman Sachs Group
• Positive Sentiment: JPMorgan also reaffirmed its “Buy” rating, while brokerage coverage continues to point to a consensus “Moderate Buy” for ASML. ASML – JP Morgan reiterates its buy rating

ASML Stock Down 5.2%

Shares of ASML stock opened at $1,501.81 on Friday. The stock’s 50 day simple moving average is $1,414.78 and its 200 day simple moving average is $1,280.97. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,603.49. The company has a market capitalization of $590.63 billion, a price-to-earnings ratio of 53.87, a PEG ratio of 1.23 and a beta of 1.81.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion for the quarter. As a group, research analysts predict that ASML Holding N.V. will post 37.09 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a report on Thursday, April 23rd. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. TD Cowen reiterated a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,504.38.

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.