ASML Holding N.V. $ASML Stock Holdings Trimmed by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lessened its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 14.3% in the fourth quarter, HoldingsChannel reports. The fund owned 88,934 shares of the semiconductor company’s stock after selling 14,795 shares during the period. Rockefeller Capital Management L.P.’s holdings in ASML were worth $95,148,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Osbon Capital Management LLC acquired a new stake in ASML in the fourth quarter worth about $218,000. Fund Advisors of America Inc FL bought a new position in ASML in the 4th quarter valued at about $1,430,000. Bawa N Mallick Trust acquired a new position in ASML during the 4th quarter valued at about $214,000. Meadowbrook Advisors Group LLC acquired a new position in ASML during the 4th quarter valued at about $248,000. Finally, Larry Mathis Financial Planning LLC bought a new stake in shares of ASML during the 4th quarter worth about $366,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML News Roundup

Here are the key news stories impacting ASML this week:

• Negative Sentiment: U.S. officials reportedly questioned whether an ASML EUV machine may have made its way to China, raising the risk of tighter export scrutiny and possible regulatory fallout. US tells ASML it’s concerned one of its chipmaking tools may be in China, Bloomberg News reports
• Negative Sentiment: ASML is facing fresh China export scrutiny after reports that the Trump administration is probing whether an advanced chipmaking tool was diverted to China, keeping geopolitical risk front and center for investors. ASML Faces Fresh China Export Scrutiny
• Neutral Sentiment: ASML has denied the allegations, saying its EUV systems are not in China; while that may limit immediate damage, the dispute still leaves uncertainty around U.S.-China export controls. US tells ASML it is concerned China may have top chip tool, Bloomberg News reports
• Neutral Sentiment: Longer-term optimism remains in place, with analysts still pointing to strong earnings growth and demand trends, and Barclays recently raising its price target on ASML. Here’s Why ASML Holding N.V. (ASML) Is Among the Stocks with Best Earnings Growth for the Next 3 Years

Wall Street Analyst Weigh In

A number of research firms recently commented on ASML. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Sanford C. Bernstein restated a “buy” rating on shares of ASML in a research report on Monday, June 15th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Morningstar cut ASML to a “sell” rating in a research report on Wednesday, May 27th. Finally, Royal Bank Of Canada boosted their price objective on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Four research 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 assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,589.62.

ASML Stock Performance

Shares of ASML opened at $1,929.68 on Friday. The firm’s 50 day moving average is $1,594.98 and its 200-day moving average is $1,399.33. The stock has a market capitalization of $758.90 billion, a P/E ratio of 69.21, a P/E/G ratio of 1.55 and a beta of 1.82. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,942.87.

ASML (NASDAQ:ASML) last released 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 net margin of 27.65% and a return on equity of 48.69%. Equities research analysts anticipate that ASML Holding N.V. will post 36.76 EPS for the current fiscal 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.