Strategic Global Advisors LLC increased its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 31.2% in the 4th quarter, Holdings Channel reports. The firm owned 1,342 shares of the semiconductor company’s stock after purchasing an additional 319 shares during the period. Strategic Global Advisors LLC’s holdings in ASML were worth $1,436,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC acquired a new stake in ASML in the 4th quarter worth approximately $26,000. Resources Management Corp CT ADV lifted its holdings in ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 23 shares during the last quarter. North Star Investment Management Corp. lifted its holdings in ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the last quarter. Jessup Wealth Management Inc acquired a new stake in ASML in the 4th quarter worth approximately $30,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in ASML in the 4th quarter worth approximately $32,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML News Summary
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
ASML (NASDAQ:ASML – Get Free Report) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The business 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%. On average, equities analysts predict that ASML Holding N.V. will post 36.86 EPS for the current year.
Analyst Ratings Changes
ASML has been the subject of a number of research analyst reports. Wall Street Zen lowered ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Royal Bank Of Canada upped their price target on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Susquehanna reiterated a “positive” rating on shares of ASML in a report on Thursday, April 9th. Wells Fargo & Company reiterated an “overweight” rating and set a $1,750.00 price target on shares of ASML in a report on Thursday, April 16th. Finally, Zacks Research upgraded ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 4th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,589.63.
Get Our Latest Analysis on ASML
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.
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