Cibc World Market Inc. Has $93.06 Million Holdings in ASML Holding N.V. $ASML

Cibc World Market Inc. boosted its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 28.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,982 shares of the semiconductor company’s stock after acquiring an additional 19,184 shares during the period. Cibc World Market Inc.’s holdings in ASML were worth $93,058,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Binnacle Investments Inc lifted its position in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares during the last quarter. North Star Investment Management Corp. lifted its position in ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 11 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in ASML during the 4th quarter valued at approximately $32,000. Evolution Wealth Management Inc. acquired a new stake in ASML in the 4th quarter valued at approximately $33,000. Finally, JPL Wealth Management LLC acquired a new stake in ASML in the 3rd quarter valued at approximately $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ ASML opened at $1,726.36 on Thursday. The stock has a market cap of $678.94 billion, a P/E ratio of 61.92, a PEG ratio of 1.40 and a beta of 1.82. The company’s 50-day simple moving average is $1,478.55 and its 200 day simple moving average is $1,333.83. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,743.27. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13.

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on ASML shares. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $1,750.00 target price on shares of ASML in a report on Thursday, April 16th. Weiss Ratings downgraded shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Citigroup restated a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Sanford C. Bernstein restated a “buy” rating on shares of ASML in a research note on Monday, May 25th. Finally, Wall Street Zen downgraded shares of ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,589.63.

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.