Equitable Trust Co. Purchases 296 Shares of ASML Holding N.V. $ASML

Equitable Trust Co. raised its position in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 2.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,386 shares of the semiconductor company’s stock after acquiring an additional 296 shares during the period. ASML makes up approximately 0.9% of Equitable Trust Co.’s holdings, making the stock its 23rd biggest holding. Equitable Trust Co.’s holdings in ASML were worth $20,322,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gradient Investments LLC raised its position in ASML by 424.3% during the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock valued at $15,393,000 after purchasing an additional 11,644 shares during the period. Bingham Private Wealth LLC bought a new stake in shares of ASML in the 4th quarter valued at approximately $1,444,000. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of ASML by 3.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after purchasing an additional 760 shares during the period. Ervin Investment Management LLC boosted its holdings in shares of ASML by 1,236.4% in the 4th quarter. Ervin Investment Management LLC now owns 33,037 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 30,565 shares during the period. Finally, Keybank National Association OH increased its position in shares of ASML by 21.3% during the 4th quarter. Keybank National Association OH now owns 65,354 shares of the semiconductor company’s stock valued at $69,920,000 after purchasing an additional 11,459 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML News Summary

Here are the key news stories impacting ASML this week:

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ASML shares. UBS Group restated a “buy” rating on shares of ASML in a report on Wednesday, July 1st. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Sanford C. Bernstein raised their target price on shares of ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a report on Monday. Finally, Royal Bank Of Canada lifted their price target on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,854.12.

Get Our Latest Stock Report on ASML

ASML Trading Up 2.0%

ASML stock opened at $1,804.25 on Friday. The company has a market capitalization of $709.58 billion, a PE ratio of 64.71, a P/E/G ratio of 1.34 and a beta of 1.78. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The firm’s 50-day moving average is $1,697.62 and its 200 day moving average is $1,473.46. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78.

ASML (NASDAQ:ASMLGet Free Report) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, research analysts anticipate that ASML Holding N.V. will post 36.62 EPS for the current year.

ASML Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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