Geneos Wealth Management Inc. Cuts Stock Holdings in ASML Holding N.V. $ASML

Geneos Wealth Management Inc. decreased its position in ASML Holding N.V. (NASDAQ:ASML) by 15.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 7,118 shares of the semiconductor company’s stock after selling 1,348 shares during the quarter. Geneos Wealth Management Inc.’s holdings in ASML were worth $9,401,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Financial Management LLC purchased a new position in ASML during the fourth quarter worth about $26,000. Binnacle Investments Inc increased its stake in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares during the last quarter. Resources Management Corp CT ADV lifted its position in shares of ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares in the last quarter. North Star Investment Management Corp. lifted its position 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 buying an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc purchased a new position in shares of ASML in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Friday, July 10th. Susquehanna restated a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Bank of America raised their target price on ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Finally, Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,891.62.

ASML Stock Performance

NASDAQ:ASML opened at $1,816.64 on Thursday. The company has a market capitalization of $714.46 billion, a P/E ratio of 65.16, a P/E/G ratio of 1.35 and a beta of 1.78. The business has a fifty day simple moving average of $1,723.52 and a two-hundred day simple moving average of $1,493.66. 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 1 year low of $683.48 and a 1 year high of $1,999.96.

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

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML beat Q2 expectations, reporting stronger-than-expected revenue and profit, which reassured investors that demand for its semiconductor manufacturing tools remains robust. ASML tops Q2 estimates on AI chip demand
• Positive Sentiment: The company raised its 2026 sales forecast for the second time this year to €43 billion-€45 billion and lifted gross margin guidance to 54%-56%, signaling that AI-related orders are coming in faster than expected. ASML hikes sales forecast for second time this year on strong AI chip demand
• Positive Sentiment: Management said EUV capacity is nearly fully booked through the end of 2027 and that it has room to raise prices on some tools, both of which suggest pricing power and strong forward visibility. ASML has room to raise prices, CFO says
• Positive Sentiment: Intel’s use of ASML’s next-generation High-NA EUV system for Panther Lake production highlights real customer adoption of ASML’s most advanced technology, reinforcing the company’s long-term competitive moat. Intel turns to next-generation ASML tool to help make its laptop chips
• Neutral Sentiment: Analyst commentary and media coverage broadly frame ASML’s results as a positive signal for the AI semiconductor trade, but those takes mainly reflect the earnings news rather than adding new fundamentals. Why ASML’s AI Monopoly Is Still Getting Stronger
• Negative Sentiment: Geopolitical and China-export risks remain a concern, and investors may still question whether ASML’s premium valuation is fully justified despite the upbeat quarter. Chip toolmaker ASML expected to shine light on capacity and China challenges

ASML Company 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.