Vontobel Holding Ltd. Sells 1,036 Shares of ASML Holding N.V. $ASML

Vontobel Holding Ltd. trimmed its holdings in ASML Holding N.V. (NASDAQ:ASML) by 1.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 52,396 shares of the semiconductor company’s stock after selling 1,036 shares during the quarter. Vontobel Holding Ltd.’s holdings in ASML were worth $56,056,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. North Star Investment Management Corp. raised its holdings in shares of ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares during the last quarter. Jessup Wealth Management Inc bought a new position in shares of ASML in the fourth quarter valued at about $30,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of ASML in the fourth quarter valued at about $32,000. Evolution Wealth Management Inc. bought a new position in shares of ASML in the fourth quarter valued at about $33,000. Finally, Triumph Capital Management raised its holdings in shares of ASML by 93.8% in the fourth quarter. Triumph Capital Management now owns 31 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ASML. Barclays reaffirmed an “overweight” rating on shares of ASML in a report on Thursday, June 4th. Royal Bank Of Canada lifted their price target on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. DZ Bank reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,589.63.

More ASML News

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 Price Performance

Shares of ASML stock opened at $1,863.55 on Friday. The stock has a 50-day moving average price of $1,539.82 and a 200 day moving average price of $1,369.29. 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 firm has a market cap of $732.90 billion, a price-to-earnings ratio of 66.84, a PEG ratio of 1.52 and a beta of 1.82. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,903.50.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The firm had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Research analysts expect that ASML Holding N.V. will post 36.93 EPS for the current year.

ASML 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.