Sit Investment Associates Inc. Sells 985 Shares of ASML Holding N.V. $ASML

Sit Investment Associates Inc. lowered its stake in ASML Holding N.V. (NASDAQ:ASML) by 6.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,490 shares of the semiconductor company’s stock after selling 985 shares during the period. Sit Investment Associates Inc.’s holdings in ASML were worth $14,432,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ASML. Family Capital Management Inc. lifted its holdings in ASML by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after buying an additional 7 shares in the last quarter. 44 Wealth Management LLC increased its stake in shares of ASML by 1.1% in the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock valued at $703,000 after buying an additional 7 shares during the period. Sky Investment Group LLC increased its stake in shares of ASML by 2.1% in the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after buying an additional 8 shares during the period. White Lighthouse Investment Management Inc. raised its position in shares of ASML by 2.2% during the fourth quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock worth $390,000 after acquiring an additional 8 shares during the last quarter. Finally, Main Management ETF Advisors LLC raised its position in shares of ASML by 1.0% during the fourth quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company’s stock worth $838,000 after acquiring an additional 8 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 3.3%

NASDAQ:ASML opened at $1,929.68 on Friday. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,942.87. The firm has a market capitalization of $758.90 billion, a price-to-earnings ratio of 69.21, a PEG ratio of 1.50 and a beta of 1.82. The business’s 50-day moving average price is $1,584.81 and its two-hundred day moving average price is $1,395.60.

ASML (NASDAQ:ASML) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. On average, equities analysts expect that ASML Holding N.V. will post 36.76 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research note on Wednesday, June 3rd. DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Royal Bank Of Canada upped their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 4th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a research report on Monday. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,589.62.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML’s CEO said demand for AI infrastructure remains “enormous” and highlighted the need to avoid supply constraints if the company supports new projects like Elon Musk’s proposed Terafab, signaling possible incremental demand for ASML’s EUV systems. ASML CEO on AI Demand, Data Centers in Space and Musk’s Terafab
• Positive Sentiment: Recent coverage says ASML is among the stocks with the best earnings growth prospects over the next three years, helped by Barclays raising its price target and reiterating an Overweight rating, which supports the bullish sentiment around the shares. ASML Holding N.V. (ASML) is Attracting Investor Attention: Here is What You Should Know
• Positive Sentiment: Investors appear to be refocusing on ASML’s EUV capacity upside, with commentary suggesting the company may be able to ship more tools than previously expected and benefit from strong order intake and AI-driven semiconductor spending. ASML jumps as investors refocus on EUV capacity upside and bullish analyst targets
• Neutral Sentiment: ASML is also being mentioned in market-watch articles that mainly note elevated investor interest, which reflects strong attention from traders but does not by itself change the company’s fundamentals. ASML Holding N.V. (ASML) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Another article repeated the same “investor attention” theme, reinforcing that ASML is heavily watched ahead of potential updates on demand and capacity, but offering no new catalyst on its own. Here’s Why ASML Holding N.V. (ASML) Is Among the Stocks with Best Earnings Growth for the Next 3 Years

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.