ASML Holding N.V. $ASML Shares Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 413.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,176 shares of the semiconductor company’s stock after buying an additional 4,168 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in ASML were worth $6,838,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Capstone Wealth Management Group LLC raised its position in ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after acquiring an additional 124 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after purchasing an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in ASML by 153.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after buying an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in ASML by 1.3% during the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in ASML by 5.2% in the second quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after buying an additional 559 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $1,769.32 on Friday. The stock’s 50 day moving average price is $1,668.56 and its 200 day moving average price is $1,450.06. The firm has a market capitalization of $695.84 billion, a PE ratio of 63.46, a price-to-earnings-growth ratio of 1.34 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion for the quarter. As a group, sell-side analysts expect that ASML Holding N.V. will post 36.62 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Susquehanna restated a “positive” rating on shares of ASML in a research report on Tuesday. Barclays reaffirmed a “buy” rating on shares of ASML in a research note on Monday, June 29th. Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Bank of America raised their price target on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Four 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 assigned a Sell rating to the stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,772.62.

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.