ASML Holding N.V. $ASML Holdings Lifted by Apollon Wealth Management LLC

Apollon Wealth Management LLC raised its position in ASML Holding N.V. (NASDAQ:ASML) by 58.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 13,157 shares of the semiconductor company’s stock after acquiring an additional 4,837 shares during the quarter. Apollon Wealth Management LLC’s holdings in ASML were worth $17,379,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ASML. Fisher Asset Management LLC increased its stake in shares of ASML by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock valued at $4,798,268,000 after acquiring an additional 132,353 shares during the period. Capital International Investors increased its position in shares of ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after purchasing an additional 577,448 shares during the period. Van ECK Associates Corp raised its stake in shares of ASML by 16.6% in the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after buying an additional 305,435 shares in the last quarter. Bank of America Corp DE raised its stake in shares of ASML by 8.3% in the 3rd quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after buying an additional 142,763 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of 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 buying an additional 1,022,532 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ:ASML opened at $1,794.62 on Monday. The stock has a fifty day simple moving average of $1,628.47 and a 200 day simple moving average of $1,426.33. The firm has a market capitalization of $705.79 billion, a price-to-earnings ratio of 64.37, a price-to-earnings-growth ratio of 1.36 and a beta of 1.82. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,959.04. 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 (NASDAQ:ASML) last posted its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion for the quarter. Sell-side analysts forecast that ASML Holding N.V. will post 36.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of research analyst reports. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, May 8th. Barclays reissued an “overweight” rating on shares of ASML in a report on Thursday, June 4th. Royal Bank Of Canada raised their price objective on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Finally, Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,772.62.

ASML Company 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.