Janney Montgomery Scott LLC Has $73.32 Million Holdings in ASML Holding N.V. $ASML

Janney Montgomery Scott LLC grew its holdings in ASML Holding N.V. (NASDAQ:ASML) by 7.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,508 shares of the semiconductor company’s stock after acquiring an additional 3,926 shares during the quarter. Janney Montgomery Scott LLC’s holdings in ASML were worth $73,317,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cornerstone Financial Management LLC acquired a new position in ASML during the 4th quarter valued at $26,000. Binnacle Investments Inc grew its position in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the last quarter. Resources Management Corp CT ADV grew its position 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. increased its holdings in shares of ASML by 68.8% during 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 period. Finally, Jessup Wealth Management Inc bought a new position in shares of ASML during the 4th quarter worth about $30,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $1,794.62 on Friday. The business has a 50 day simple moving average of $1,628.47 and a 200 day simple moving average of $1,424.18. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The company has a market capitalization of $705.79 billion, a PE ratio of 64.37, a price-to-earnings-growth ratio of 1.36 and a beta of 1.82. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,959.04.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (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%. On average, sell-side analysts forecast that ASML Holding N.V. will post 36.69 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ASML shares. JPMorgan Chase & Co. increased their target price on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a report on Thursday, April 16th. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Barclays reissued an “overweight” rating on shares of ASML in a report on Thursday, June 4th. Finally, Royal Bank Of Canada upped their target price on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,772.62.

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.