ASML Holding N.V. $ASML Stock Position Lowered by Account Management LLC

Account Management LLC cut its holdings in ASML Holding N.V. (NASDAQ:ASML) by 4.4% during the first quarter, HoldingsChannel reports. The fund owned 8,300 shares of the semiconductor company’s stock after selling 380 shares during the period. ASML comprises 12.0% of Account Management LLC’s holdings, making the stock its 2nd biggest position. Account Management LLC’s holdings in ASML were worth $10,963,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC acquired a new stake in shares of ASML during the 4th quarter worth about $26,000. Portus Wealth Advisors LLC purchased a new position in ASML during the first quarter worth about $32,000. Resources Management Corp CT ADV increased its position in shares of ASML by 1,150.0% during 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 last quarter. North Star Investment Management Corp. raised its stake in shares of 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 acquiring an additional 11 shares during the period. Finally, Jessup Wealth Management Inc purchased a new position in shares of ASML during the 4th quarter worth approximately $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein raised its price target on ASML and kept an Outperform rating, reinforcing the view that the company remains a long-term winner in advanced chip equipment demand.
• Positive Sentiment: Multiple recent articles argue ASML’s specialized lithography machines make it an essential supplier to AI chip makers, and that pullbacks tied to sector volatility may create buying opportunities. Article Title
• Positive Sentiment: ASML has also been highlighted as a potential beneficiary of renewed strength in semiconductor stocks and AI-related chip demand ahead of earnings. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful increase in actual short positioning, so this does not appear to be a major bearish catalyst.
• Neutral Sentiment: One market note said ASML may beat earnings, but warned that a good report may not be enough to justify the stock’s valuation if guidance or broader chip demand disappoints. Article Title
• Negative Sentiment: Analysts and commentators continue to flag ASML’s lofty valuation, China export curbs, and rising competition as reasons to be cautious heading into results. Article Title
• Negative Sentiment: Recent semiconductor market swings and event-driven selling in Asian chip stocks have added volatility to the group, which can pressure ASML even when its long-term fundamentals remain strong.

ASML Stock Performance

Shares of ASML stock opened at $1,797.32 on Friday. The firm has a 50 day moving average of $1,705.68 and a two-hundred day moving average of $1,475.73. The stock has a market capitalization of $706.85 billion, a PE ratio of 64.47, a P/E/G ratio of 1.37 and a beta of 1.78. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,999.96.

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

Analysts Set New Price Targets

Several analysts recently weighed in on ASML shares. Royal Bank Of Canada lifted their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. JPMorgan Chase & Co. raised their price target on ASML from $1,813.00 to $2,200.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Barclays reiterated a “buy” rating on shares of ASML in a report on Monday, June 29th. Finally, Weiss Ratings lowered ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Three analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,854.12.

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.