Holowesko Partners Ltd. Decreases Stake in ASML Holding N.V. $ASML

Holowesko Partners Ltd. reduced its stake in ASML Holding N.V. (NASDAQ:ASML) by 93.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,300 shares of the semiconductor company’s stock after selling 17,400 shares during the quarter. ASML comprises about 0.5% of Holowesko Partners Ltd.’s portfolio, making the stock its 22nd largest holding. Holowesko Partners Ltd.’s holdings in ASML were worth $1,391,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. 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 valued at $983,000 after purchasing an additional 7 shares during 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 valued at $703,000 after purchasing an additional 7 shares during 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 valued at $411,000 after purchasing an additional 8 shares during the last quarter. White Lighthouse Investment Management Inc. raised its position in ASML by 2.2% during the 4th quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock worth $390,000 after buying an additional 8 shares during the last quarter. Finally, Main Management ETF Advisors LLC lifted its stake in ASML by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company’s stock valued at $838,000 after acquiring an additional 8 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on ASML shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Wells Fargo & Company restated an “overweight” rating and set a $1,750.00 price objective on shares of ASML in a research note on Thursday, April 16th. Berenberg Bank restated a “buy” rating on shares of ASML in a research note on Friday, May 8th. Morningstar cut shares of ASML to a “sell” rating in a research note on Wednesday, May 27th. Finally, Weiss Ratings cut shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,589.63.

ASML Stock Performance

Shares of ASML stock opened at $1,641.74 on Monday. The company’s 50-day moving average price is $1,490.67 and its 200-day moving average price is $1,343.49. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The stock has a market cap of $645.66 billion, a price-to-earnings ratio of 58.89, a PEG ratio of 1.31 and a beta of 1.82. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,779.29.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS 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 during the quarter. As a group, equities analysts predict that ASML Holding N.V. will post 36.93 earnings per share for the current year.

About ASML

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.