HBW Advisory Services LLC Has $1.95 Million Stake in ASML Holding N.V. $ASML

HBW Advisory Services LLC lowered its holdings in ASML Holding N.V. (NASDAQ:ASML) by 18.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,477 shares of the semiconductor company’s stock after selling 345 shares during the period. HBW Advisory Services LLC’s holdings in ASML were worth $1,951,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Gradient Investments LLC lifted its holdings in shares of ASML by 424.3% during the 4th quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after acquiring an additional 11,644 shares during the period. Bingham Private Wealth LLC acquired a new stake in shares of ASML during the 4th quarter worth approximately $1,444,000. Cambridge Investment Research Advisors Inc. increased its stake in ASML by 3.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock valued at $24,036,000 after acquiring an additional 760 shares during the last quarter. Ervin Investment Management LLC increased its stake in ASML by 1,236.4% in the fourth quarter. Ervin Investment Management LLC now owns 33,037 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 30,565 shares during the last quarter. Finally, Keybank National Association OH raised its position in ASML by 21.3% during the fourth 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 in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 4.0%

NASDAQ ASML opened at $1,726.04 on Tuesday. The firm has a market capitalization of $678.82 billion, a PE ratio of 61.91, a price-to-earnings-growth ratio of 1.36 and a beta of 1.78. The business’s 50-day moving average price is $1,711.42 and its two-hundred day moving average price is $1,483.36. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96.

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

ASML News Summary

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Analysts and market previews suggest ASML may raise guidance again on strong semiconductor demand, a potential catalyst for the stock if confirmed. ASML Expected to Raise Guidance Again on Strong Semiconductor Demand — Earnings Preview
• Positive Sentiment: Pre-earnings coverage says ASML could post solid quarterly growth, with one report highlighting expectations for about 15% year-over-year EPS growth, which may support the shares. ASML is kicking off tech earnings. Here’s what to expect from Europe’s biggest semiconductor supplier.
• Positive Sentiment: Some investors view ASML’s upcoming earnings as a potential upside event that could lift the entire semiconductor sector if the company delivers a strong report. ASML Holding’s Next Earnings Report on July 15 Could Send the Stock Soaring. Here’s Why.
• Neutral Sentiment: Investors are watching for commentary on ASML’s capacity constraints, valuation, and exposure to China as the company reports earnings, but these issues could cut both ways depending on management’s outlook. Chip toolmaker ASML expected to shine light on capacity and China challenges
• Negative Sentiment: Reuters also highlights ongoing U.S. export restrictions and China-related challenges, while separate coverage noted a prototype EUV lithography machine from China, both of which could pressure sentiment if they suggest longer-term competition or slower sales growth. China rolls out 1st prototype EUV lithography machine challenging ASML

Analysts Set New Price Targets

Several equities research analysts have weighed in on ASML shares. Morgan Stanley restated an “overweight” rating on shares of ASML in a research note on Tuesday, July 7th. JPMorgan Chase & Co. lifted their price target on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a report on Monday, June 1st. Susquehanna restated a “positive” rating on shares of ASML in a research report on Tuesday, June 30th. Finally, Wall Street Zen lowered ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $1,854.12.

ASML Profile

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.