Bogart Wealth LLC Raises Holdings in ASML Holding N.V. $ASML

Bogart Wealth LLC increased its position in ASML Holding N.V. (NASDAQ:ASML) by 14.1% in the 1st quarter, Holdings Channel reports. The firm owned 11,534 shares of the semiconductor company’s stock after buying an additional 1,428 shares during the period. Bogart Wealth LLC’s holdings in ASML were worth $15,234,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Cornerstone Financial Management LLC acquired a new position in ASML during the fourth quarter worth approximately $26,000. Binnacle Investments Inc boosted its holdings in shares of ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the period. Resources Management Corp CT ADV boosted its holdings in shares of ASML by 1,150.0% in the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares during the period. North Star Investment Management Corp. grew its position in shares of ASML by 68.8% during the fourth 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. Finally, Jessup Wealth Management Inc acquired a new position in shares of ASML in the 4th quarter valued at $30,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,769.32 on Monday. 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. The firm has a market capitalization of $695.84 billion, a P/E ratio of 63.46, a PEG ratio of 1.34 and a beta of 1.78. The company’s fifty day moving average is $1,668.56 and its two-hundred day moving average is $1,452.61.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The business had revenue of $10.15 billion during the quarter. Analysts forecast that ASML Holding N.V. will post 36.62 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ASML. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Tuesday, June 30th. Barclays reissued a “buy” rating on shares of ASML in a research report on Monday, June 29th. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 4th. Wells Fargo & Company increased their target price on shares of ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. Finally, Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, May 8th. 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 given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.