Scge Management L.P. Grows Holdings in ASML Holding N.V. $ASML

Scge Management L.P. raised its position in ASML Holding N.V. (NASDAQ:ASML) by 76.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 228,000 shares of the semiconductor company’s stock after purchasing an additional 99,000 shares during the period. ASML makes up about 5.6% of Scge Management L.P.’s investment portfolio, making the stock its 7th biggest holding. Scge Management L.P.’s holdings in ASML were worth $243,928,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted 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 buying an additional 38,660 shares in the last quarter. Gradient Investments LLC grew its holdings in shares of ASML by 424.3% in the 4th quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock valued at $15,393,000 after acquiring an additional 11,644 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in shares of ASML by 314.0% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock valued at $23,841,000 after acquiring an additional 18,677 shares in the last quarter. Bingham Private Wealth LLC acquired a new stake in shares of ASML in the fourth quarter valued at about $1,444,000. Finally, RWA Wealth Partners LLC increased its position in shares of ASML by 17.3% in the third quarter. RWA Wealth Partners LLC now owns 37,575 shares of the semiconductor company’s stock valued at $36,376,000 after acquiring an additional 5,543 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on ASML shares. Citigroup reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Thursday. Weiss Ratings downgraded ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Finally, Morningstar lowered shares of ASML to a “sell” rating in a research report on Wednesday, May 27th. Four research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,589.63.

Key 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 Stock Performance

ASML opened at $1,863.55 on Monday. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,903.50. The stock has a market cap of $732.90 billion, a price-to-earnings ratio of 66.84, a PEG ratio of 1.49 and a beta of 1.82. The business has a 50 day moving average of $1,539.82 and a 200-day moving average of $1,371.98. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last posted its earnings results 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. On average, equities research analysts expect that ASML Holding N.V. will post 36.86 earnings per share 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.