ASML Holding N.V. $ASML Stock Holdings Cut by Boomfish Wealth Group LLC

Boomfish Wealth Group LLC lowered its position in ASML Holding N.V. (NASDAQ:ASML) by 11.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,930 shares of the semiconductor company’s stock after selling 364 shares during the period. ASML comprises about 2.1% of Boomfish Wealth Group LLC’s portfolio, making the stock its 10th largest position. Boomfish Wealth Group LLC’s holdings in ASML were worth $3,870,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its position in shares of ASML by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after buying an additional 132,353 shares in the last quarter. Capital International Investors increased its holdings in ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after buying an additional 577,448 shares during the last quarter. Van ECK Associates Corp raised its position in ASML by 16.6% in the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after acquiring an additional 305,435 shares during the period. Bank of America Corp DE boosted its stake in ASML by 8.3% in the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock valued at $1,805,733,000 after acquiring an additional 142,763 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in ASML by 195.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after acquiring an additional 1,022,532 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on ASML. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, May 8th. Weiss Ratings lowered ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Finally, Wells Fargo & Company boosted their target price on ASML from $1,750.00 to $2,200.00 and gave the company an “overweight” rating in a research note on Monday, June 22nd. Four investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus price target of $1,772.62.

ASML Stock Performance

NASDAQ ASML opened at $1,794.62 on Friday. The company’s 50 day simple moving average is $1,628.47 and its two-hundred day simple moving average is $1,424.18. 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 Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,959.04. The stock has a market capitalization of $705.79 billion, a PE ratio of 64.37, a P/E/G ratio of 1.36 and a beta of 1.82.

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 net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion during the quarter. Analysts predict that ASML Holding N.V. will post 36.69 earnings per share for the current fiscal year.

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.