Valliance Asset Management Ltd bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm bought 10,000 shares of the semiconductor company’s stock, valued at approximately $10,699,000. ASML accounts for approximately 4.5% of Valliance Asset Management Ltd’s portfolio, making the stock its 7th largest holding.
Several other institutional investors have also recently made changes to their positions in ASML. Dimensional Fund Advisors LP grew its holdings in ASML by 4.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after buying an additional 38,660 shares in the last quarter. Gradient Investments LLC grew its holdings in ASML by 424.3% during the 4th quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock valued at $15,393,000 after buying an additional 11,644 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in ASML by 314.0% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock valued at $23,841,000 after buying an additional 18,677 shares in the last quarter. Bingham Private Wealth LLC purchased a new position in ASML during the 4th quarter valued at approximately $1,444,000. Finally, RWA Wealth Partners LLC grew its holdings in ASML by 17.3% during the 3rd quarter. RWA Wealth Partners LLC now owns 37,575 shares of the semiconductor company’s stock valued at $36,376,000 after buying an additional 5,543 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.
ASML Price Performance
NASDAQ:ASML opened at $1,863.55 on Monday. The firm has a market capitalization of $732.90 billion, a price-to-earnings ratio of 66.84, a PEG ratio of 1.49 and a beta of 1.82. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,903.50. The business has a 50 day simple moving average of $1,539.82 and a 200-day simple moving average of $1,371.98. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the company. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a report on Thursday. Susquehanna restated a “positive” rating on shares of ASML in a report on Thursday, April 9th. Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Finally, Barclays restated an “overweight” rating on shares of ASML in a report on Thursday, June 4th. Four analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,589.63.
View Our Latest Stock Report on ASML
ASML News Summary
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
- Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
- Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
- Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
- Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions
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.
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