ASML Holding N.V. $ASML Shares Purchased by Manchester Capital Management LLC

Manchester Capital Management LLC increased its position in ASML Holding N.V. (NASDAQ:ASML) by 800.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 585 shares of the semiconductor company’s stock after buying an additional 520 shares during the period. Manchester Capital Management LLC’s holdings in ASML were worth $626,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Capital International Investors raised its stake in shares of ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after acquiring an additional 577,448 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in shares of ASML in the third quarter worth about $505,510,000. Regents of The University of California purchased a new position in shares of ASML during the 3rd quarter valued at approximately $413,335,000. Alliancebernstein L.P. boosted its stake in ASML by 75.6% during the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after acquiring an additional 340,518 shares during the last quarter. Finally, Van ECK Associates Corp grew its stake in ASML by 16.6% in the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after purchasing an additional 305,435 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,749.04 on Tuesday. The company has a market capitalization of $687.86 billion, a price-to-earnings ratio of 62.73, a P/E/G ratio of 1.31 and a beta of 1.82. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,779.29. 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’s fifty day simple moving average is $1,499.06 and its 200-day simple moving average is $1,348.74.

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a report on Monday, June 1st. Weiss Ratings cut ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Friday, May 8th. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Finally, UBS Group restated a “buy” rating on shares of ASML in a report on Wednesday, May 20th. Four analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $1,589.63.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Elon Musk called ASML “the greatest company in Europe,” highlighting that his planned Terafab project would need large numbers of ASML’s advanced lithography tools. Why Elon Musk says ASML is the greatest company in Europe
• Positive Sentiment: ASML was highlighted as a top AI stock in billionaire Ken Fisher’s portfolio, which may support investor confidence in long-term demand for its EUV machines. ASML Holding N.V. (ASML) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio
• Positive Sentiment: ASML was included among stocks positioned to benefit from surging semiconductor sales and AI-driven chip demand, keeping the company in favor with growth investors. 5 Stocks to Boost Your Portfolio on Soaring Semiconductor Sales
• Neutral Sentiment: Several articles reiterated that ASML remains one of the most important names in semiconductors and a stock some investors consider attractive for the long term, but these pieces were largely opinion-based rather than new company-specific catalysts. Is ASML Stock an Undervalued Semiconductor Stock to Buy?
• Negative Sentiment: A report about a Chinese startup claiming its nanoimprint technology can mass-produce optical chips without ASML equipment raises a potential long-term competitive threat to ASML’s market position. Chinese start-up claims nanoimprint tech can mass-produce optical chips without ASML gear

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.