EverSource Wealth Advisors LLC Has $16.04 Million Stake in ASML Holding N.V. $ASML

EverSource Wealth Advisors LLC trimmed its stake in ASML Holding N.V. (NASDAQ:ASML) by 6.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,992 shares of the semiconductor company’s stock after selling 1,068 shares during the period. EverSource Wealth Advisors LLC’s holdings in ASML were worth $16,039,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. North Star Investment Management Corp. increased its holdings in ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 11 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in ASML in the fourth quarter valued at $32,000. Binnacle Investments Inc increased its holdings in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the period. JPL Wealth Management LLC acquired a new stake in ASML in the third quarter valued at $34,000. Finally, Wealth Watch Advisors INC acquired a new stake in ASML in the third quarter valued at $34,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML opened at $1,632.90 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The stock has a 50-day moving average of $1,433.13 and a 200-day moving average of $1,297.67. The company has a market cap of $642.19 billion, a PE ratio of 58.57, a P/E/G ratio of 1.31 and a beta of 1.81. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,653.53.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 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 research analysts predict that ASML Holding N.V. will post 37.1 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have weighed in on the company. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Friday, May 8th. Wells Fargo & Company reiterated an “overweight” rating and set a $1,750.00 price target on shares of ASML in a report on Thursday, April 16th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Finally, Barclays upgraded ASML to a “buy” rating in a report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,504.38.

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.