Woodley Farra Manion Portfolio Management Inc. cut its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 3.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 93,648 shares of the semiconductor company’s stock after selling 2,858 shares during the quarter. ASML makes up about 4.6% of Woodley Farra Manion Portfolio Management Inc.’s portfolio, making the stock its 4th largest holding. Woodley Farra Manion Portfolio Management Inc.’s holdings in ASML were worth $100,190,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the company. Family Capital Management Inc. raised its stake in ASML by 0.8% during the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after purchasing an additional 7 shares in the last quarter. 44 Wealth Management LLC raised its stake in ASML by 1.1% during the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock valued at $703,000 after purchasing an additional 7 shares in the last quarter. Sky Investment Group LLC raised its stake in ASML by 2.1% during the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after purchasing an additional 8 shares in the last quarter. White Lighthouse Investment Management Inc. raised its stake in ASML by 2.2% during the fourth quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock valued at $390,000 after purchasing an additional 8 shares in the last quarter. Finally, Main Management ETF Advisors LLC raised its stake in ASML by 1.0% during the fourth quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company’s stock valued at $838,000 after purchasing an additional 8 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
More ASML News
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, supporting the view that the stock still has room to run after its strong year-to-date rally. ASML receives a buy rating from Goldman Sachs
- Positive Sentiment: ASML’s competitive moat was highlighted in a recent article arguing that feared challengers such as xLight are not close to threatening its EUV lead, which is helping reinforce confidence in ASML’s long-term pricing power and technology dominance. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
- Positive Sentiment: Elon Musk appeared at ASML’s technology conference and discussed a future chip manufacturing push, putting ASML in the spotlight as a key supplier to ambitious semiconductor expansion plans tied to Tesla and SpaceX. Musk to speak at chip tool giant ASML event ahead of SpaceX IPO
- Neutral Sentiment: ASML delayed some planned job cuts after reaching a deal with unions, which may reduce near-term restructuring benefits but lowers labor friction and avoids a bigger workforce disruption. ASML to cut fewer jobs after talks with Dutch unions
- Neutral Sentiment: Additional commentary about potential EUV competition from Canon and broader investor interest in ASML reflects ongoing attention on the stock, but these items do not yet indicate a meaningful change to the company’s fundamentals. Canon: Potential Challenger Of ASML’s EUV Process
ASML Trading Up 9.5%
ASML (NASDAQ:ASML – Get Free Report) last posted 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 net margin of 27.65% and a return on equity of 48.69%. As a group, analysts anticipate that ASML Holding N.V. will post 36.93 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the stock. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Thursday, April 9th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, Morningstar cut shares of ASML to a “sell” rating in a research report on Wednesday, May 27th. Four research 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 given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,589.63.
Get Our Latest Stock Analysis on ASML
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.
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