TD Asset Management Inc Has $35.02 Million Stock Position in ASML Holding N.V. $ASML

TD Asset Management Inc trimmed its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,730 shares of the semiconductor company’s stock after selling 1,481 shares during the quarter. TD Asset Management Inc’s holdings in ASML were worth $35,017,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in ASML. Regents of The University of California acquired a new position in shares of ASML in the 3rd quarter worth approximately $413,335,000. Dimensional Fund Advisors LP boosted its holdings in shares of ASML by 4.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after acquiring an additional 38,660 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of ASML by 34.5% in the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after acquiring an additional 4,001 shares in the last quarter. Gradient Investments LLC boosted its holdings in shares of ASML by 424.3% in the 4th quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after acquiring an additional 11,644 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in shares of ASML by 314.0% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock worth $23,841,000 after acquiring an additional 18,677 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ASML. Zacks Research raised ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday. Morgan Stanley restated an “overweight” rating on shares of ASML in a research report on Wednesday. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research report on Wednesday, May 13th. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Finally, Sanford C. Bernstein restated a “buy” rating on shares of ASML in a research report on Monday, May 25th. Four 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 MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,589.63.

ASML Stock Performance

ASML stock opened at $1,641.74 on Friday. 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 50 day moving average price of $1,490.67 and a 200 day moving average price of $1,341.23. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,779.29. The stock has a market capitalization of $645.66 billion, a PE ratio of 58.89, a price-to-earnings-growth ratio of 1.35 and a beta of 1.82.

ASML (NASDAQ:ASML) last posted 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 during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Analysts forecast that ASML Holding N.V. will post 36.93 EPS for the current year.

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.