Peterson Wealth Services Has $7.85 Million Position in ASML Holding N.V. $ASML

Peterson Wealth Services lowered its holdings in ASML Holding N.V. (NASDAQ:ASML) by 25.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,336 shares of the semiconductor company’s stock after selling 2,548 shares during the quarter. ASML comprises approximately 2.0% of Peterson Wealth Services’ investment portfolio, making the stock its 14th largest holding. Peterson Wealth Services’ holdings in ASML were worth $7,848,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC boosted its holdings in ASML by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after acquiring an additional 132,353 shares during the last quarter. Capital International Investors boosted its holdings in ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after acquiring an additional 577,448 shares during the last quarter. Van ECK Associates Corp boosted its holdings in ASML by 16.6% during the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after acquiring an additional 305,435 shares during the last quarter. Bank of America Corp DE boosted its holdings in ASML by 8.3% during the 3rd quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after acquiring an additional 142,763 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in ASML by 25.2% during the 3rd quarter. Wellington Management Group LLP now owns 1,157,324 shares of the semiconductor company’s stock worth $1,120,394,000 after acquiring an additional 232,960 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Elon Musk virtually addressed ASML employees and is expected to discuss his “Terafab” semiconductor manufacturing plans, putting ASML in the spotlight as a key equipment supplier for future chip production and boosting investor sentiment. Musk to speak at chip tool giant ASML event ahead of SpaceX IPO
• Positive Sentiment: Goldman Sachs reaffirmed its “buy” rating on ASML, reinforcing confidence in the company’s long-term fundamentals and helping support the stock. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: ASML is drawing investor attention as a favored AI/semiconductor name, with a prominent tech investor reportedly betting on the stock alongside Nvidia and other AI-related companies. AI Stocks Underestimate the Technology’s Potential, Says This Tech Investor
• Positive Sentiment: Recent coverage highlights ASML’s record-high valuation and market-cap milestone, reflecting strong momentum in the shares and continued enthusiasm for the company’s EUV leadership. ASML breaks $700B market cap barrier: Here’s the rally drivers and key risks
• Neutral Sentiment: ASML reached an agreement with unions to cut fewer jobs than originally planned, reducing restructuring concerns but not materially changing the near-term growth outlook. ASML to cut fewer jobs after talks with Dutch unions
• Neutral Sentiment: Separately, some commentary raised competitive concerns about potential challengers to ASML’s EUV technology, but this appears more speculative than an immediate threat. Canon: Potential Challenger Of ASML’s EUV Process

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Sanford C. Bernstein restated a “buy” rating on shares of ASML in a research note on Monday, May 25th. Finally, UBS Group restated a “buy” rating on shares of ASML in a research note on Wednesday, May 20th. Four 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,589.63.

ASML Stock Performance

NASDAQ:ASML opened at $1,899.48 on Friday. The firm has a market cap of $747.03 billion, a PE ratio of 68.13, a price-to-earnings-growth ratio of 1.38 and a beta of 1.82. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,903.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The business has a 50 day moving average price of $1,529.75 and a 200-day moving average price of $1,365.81.

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. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion during the quarter. Equities research analysts predict that ASML Holding N.V. will post 36.93 earnings per share for the current year.

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.