Capital International Inc. CA Decreases Stake in ASML Holding N.V. $ASML

Capital International Inc. CA lessened its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 10.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 141,530 shares of the semiconductor company’s stock after selling 16,695 shares during the quarter. ASML comprises about 1.2% of Capital International Inc. CA’s holdings, making the stock its 17th biggest holding. Capital International Inc. CA’s holdings in ASML were worth $151,417,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of ASML. Binnacle Investments Inc raised its position in ASML by 78.9% in the 2nd 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 last quarter. North Star Investment Management Corp. raised its position in ASML by 68.8% in the 4th 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 last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in ASML in the 4th quarter valued at $32,000. Evolution Wealth Management Inc. purchased a new stake in ASML in the 4th quarter valued at $33,000. Finally, JPL Wealth Management LLC purchased a new stake in ASML in the 3rd quarter valued at $34,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the topic of several recent research reports. Berenberg Bank reissued a “buy” rating on shares of ASML in a research note on Friday, May 8th. DZ Bank reissued a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research note on Wednesday. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Finally, Freedom Capital raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,589.63.

ASML Price Performance

NASDAQ:ASML opened at $1,641.74 on Friday. The firm has a market cap of $645.66 billion, a price-to-earnings ratio of 58.89, a price-to-earnings-growth ratio of 1.35 and a beta of 1.82. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The company’s 50-day moving average is $1,490.67 and its two-hundred day moving average is $1,341.23. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,779.29.

ASML (NASDAQ:ASML) last announced its quarterly earnings data 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%. Research analysts expect that ASML Holding N.V. will post 36.93 EPS for the current year.

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.