Bank of New York Mellon Corp increased its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 257,453 shares of the semiconductor company’s stock after acquiring an additional 33,187 shares during the period. Bank of New York Mellon Corp’s holdings in ASML were worth $275,439,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in ASML. Family Capital Management Inc. boosted its holdings in ASML by 0.8% during the fourth 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 boosted its holdings in ASML by 1.1% during the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after buying an additional 7 shares in the last quarter. Sky Investment Group LLC boosted its holdings in ASML by 2.1% during the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock worth $411,000 after buying an additional 8 shares in the last quarter. White Lighthouse Investment Management Inc. boosted its holdings in 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 buying an additional 8 shares in the last quarter. Finally, Main Management ETF Advisors LLC boosted its holdings in 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 buying an additional 8 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
ASML has been the subject of a number of research reports. Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Monday. Royal Bank Of Canada raised their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Barclays restated an “overweight” rating on shares of ASML in a research report on Thursday. Finally, Morgan Stanley restated an “overweight” rating on shares of ASML in a research report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,589.63.
ASML Stock Up 1.8%
ASML stock opened at $1,757.47 on Friday. The company has a market capitalization of $691.18 billion, a P/E ratio of 63.04, a P/E/G ratio of 1.42 and a beta of 1.82. The firm’s fifty day simple moving average is $1,485.72 and its 200-day simple moving average is $1,339.11. 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 $1,779.29.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly 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%. Sell-side analysts forecast that ASML Holding N.V. will post 37.1 earnings per share for the current fiscal year.
ASML News Summary
Here are the key news stories impacting ASML this week:
- Positive Sentiment: JPMorgan Chase & Co. raised its price target on ASML to $2,200 from $1,813 and reiterated a Buy rating, implying further upside as the bank sees earnings estimates for 2027 and 2028 as too low. ASML Given New $2,200.00 Price Target at JPMorgan Chase & Co.
- Positive Sentiment: JPMorgan also said ASML’s own messaging suggests it may be able to supply more EUV lithography tools than previously expected, which could support stronger future revenue and profit growth. JP Morgan raises ASML estimates as chipmaker signals it can supply far more EUV tools than previously guided
- Positive Sentiment: Articles highlighting ASML as a beneficiary of the AI infrastructure build-out and as a “wide-moat” stock are adding to the bullish narrative around long-term demand for its semiconductor equipment. ASML Holding N.V. (ASML) Gains from AI infrastructure Build Out
- Neutral Sentiment: Recent market coverage notes ASML has had strong short-term share price momentum and is being watched closely by investors, but that piece does not point to a new catalyst. Assessing ASML Holding (ENXTAM:ASML) Valuation After Strong Short Term Share Price Momentum
- Neutral Sentiment: Additional broker-related and “trending stock” articles suggest ASML is drawing attention from analysts and retail investors, which may be supporting sentiment but is not a fundamental change by itself. ASML Is Considered a Good Investment by Brokers: Is That True?
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.
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