ASML Holding N.V. $ASML Shares Sold by Biondo Investment Advisors LLC

Biondo Investment Advisors LLC decreased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 3.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,451 shares of the semiconductor company’s stock after selling 386 shares during the period. ASML makes up approximately 1.6% of Biondo Investment Advisors LLC’s investment portfolio, making the stock its 18th largest position. Biondo Investment Advisors LLC’s holdings in ASML were worth $13,321,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in ASML. Arrowstreet Capital Limited Partnership increased its holdings in shares of ASML by 195.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after buying an additional 1,022,532 shares during the last quarter. Capital International Investors increased its holdings in shares of ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after buying an additional 577,448 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of ASML by 75.6% during the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after buying an additional 340,518 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of ASML by 16.6% during the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after buying an additional 305,435 shares during the last quarter. Finally, BlueSpruce Investments LP increased its holdings in shares of ASML by 18,861.1% during the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock worth $237,160,000 after buying an additional 243,685 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 1.9%

ASML stock opened at $1,863.55 on Friday. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,903.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The firm has a 50 day moving average price of $1,539.82 and a 200 day moving average price of $1,369.29. The company has a market capitalization of $732.90 billion, a PE ratio of 66.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.82.

ASML (NASDAQ:ASML) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion during the quarter. Research analysts expect that ASML Holding N.V. will post 36.86 earnings per share for the current year.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ASML. Weiss Ratings downgraded shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Citigroup restated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Susquehanna restated a “positive” rating on shares of ASML in a report on Thursday, April 9th. Finally, Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,589.63.

About ASML

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.