BlackRock Inc. reduced its stake in ASML Holding NV (NASDAQ:ASML) by 5.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,579,984 shares of the semiconductor company’s stock after selling 87,791 shares during the period. BlackRock Inc. owned approximately 0.37% of ASML worth $312,789,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of ASML. Smithfield Trust Co. bought a new stake in ASML during the second quarter valued at $104,000. Clearwater Capital Advisors LLC bought a new stake in ASML during the first quarter valued at $114,000. Institutional & Family Asset Management LLC bought a new stake in ASML during the first quarter valued at $115,000. Signaturefd LLC bought a new stake in ASML during the first quarter valued at $151,000. Finally, Nomura Asset Management Co. Ltd. bought a new stake in ASML during the second quarter valued at $201,000. 16.64% of the stock is owned by hedge funds and other institutional investors.
NASDAQ ASML opened at $184.35 on Friday. ASML Holding NV has a twelve month low of $160.95 and a twelve month high of $221.66. The company has a current ratio of 2.73, a quick ratio of 1.77 and a debt-to-equity ratio of 0.28. The stock has a market cap of $74.80 billion, a price-to-earnings ratio of 33.10, a PEG ratio of 1.34 and a beta of 1.06.
ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, July 18th. The semiconductor company reported $1.63 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.43 by $0.20. ASML had a return on equity of 22.51% and a net margin of 23.86%. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter last year, the business posted $1.08 earnings per share. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. analysts predict that ASML Holding NV will post 6.98 EPS for the current fiscal year.
Several equities research analysts recently issued reports on ASML shares. Mizuho started coverage on ASML in a research note on Monday, May 21st. They set a “buy” rating for the company. BidaskClub raised ASML from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 6th. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research note on Tuesday, June 12th. Royal Bank of Canada raised ASML from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $218.00 to $235.00 in a research note on Wednesday, June 13th. Finally, Sanford C. Bernstein started coverage on ASML in a research note on Tuesday, June 19th. They set a “market perform” rating for the company. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $210.43.
ASML Company Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.
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