CORDA Investment Management LLC. Sells 400 Shares of ASML Holding N.V. $ASML

CORDA Investment Management LLC. lessened its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,807 shares of the semiconductor company’s stock after selling 400 shares during the period. ASML comprises approximately 1.9% of CORDA Investment Management LLC.’s investment portfolio, making the stock its 24th biggest position. CORDA Investment Management LLC.’s holdings in ASML were worth $27,483,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership grew its position in ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after acquiring an additional 1,022,532 shares during the last quarter. Alliancebernstein L.P. increased its stake in ASML by 75.6% in the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after buying an additional 340,518 shares during the period. BlueSpruce Investments LP lifted its holdings in ASML by 18,861.1% during the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock valued at $237,160,000 after buying an additional 243,685 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in ASML by 14.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after buying an additional 193,068 shares during the period. Finally, Invesco Ltd. raised its stake in shares of ASML by 21.3% during the third quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company’s stock valued at $822,492,000 after acquiring an additional 148,948 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,797.32 on Monday. 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 Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,999.96. The business’s 50 day moving average price is $1,705.68 and its 200 day moving average price is $1,478.68. The firm has a market cap of $706.86 billion, a P/E ratio of 64.47, a P/E/G ratio of 1.36 and a beta of 1.78.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, sell-side analysts expect that ASML Holding N.V. will post 36.62 earnings per share for the current year.

ASML News Summary

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein raised its price target on ASML and kept an Outperform rating, reinforcing the view that the company remains a long-term winner in advanced chip equipment demand.
• Positive Sentiment: Multiple recent articles argue ASML’s specialized lithography machines make it an essential supplier to AI chip makers, and that pullbacks tied to sector volatility may create buying opportunities. Article Title
• Positive Sentiment: ASML has also been highlighted as a potential beneficiary of renewed strength in semiconductor stocks and AI-related chip demand ahead of earnings. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful increase in actual short positioning, so this does not appear to be a major bearish catalyst.
• Neutral Sentiment: One market note said ASML may beat earnings, but warned that a good report may not be enough to justify the stock’s valuation if guidance or broader chip demand disappoints. Article Title
• Negative Sentiment: Analysts and commentators continue to flag ASML’s lofty valuation, China export curbs, and rising competition as reasons to be cautious heading into results. Article Title
• Negative Sentiment: Recent semiconductor market swings and event-driven selling in Asian chip stocks have added volatility to the group, which can pressure ASML even when its long-term fundamentals remain strong.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ASML. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Tuesday, June 30th. Wells Fargo & Company upped their target price on ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Bank of America upped their price objective on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Finally, Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,854.12.

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.