Axxcess Wealth Management LLC Acquires 491 Shares of ASML Holding N.V. $ASML

Axxcess Wealth Management LLC lifted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 14.6% in the first quarter, HoldingsChannel reports. The fund owned 3,855 shares of the semiconductor company’s stock after buying an additional 491 shares during the period. Axxcess Wealth Management LLC’s holdings in ASML were worth $5,091,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ASML. Cornerstone Financial Management LLC bought a new stake in ASML in the fourth quarter worth $26,000. Portus Wealth Advisors LLC purchased a new position in shares of ASML in the first quarter worth about $32,000. Resources Management Corp CT ADV increased its holdings in shares of ASML by 1,150.0% in the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares during the period. North Star Investment Management Corp. lifted 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 last quarter. Finally, Jessup Wealth Management Inc purchased a new stake in ASML during the 4th quarter valued at about $30,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on ASML. Sanford C. Bernstein lifted their price target on ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research note on Monday. Morningstar cut shares of ASML to a “sell” rating in a report on Wednesday, May 27th. Weiss Ratings downgraded shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Barclays reiterated a “buy” rating on shares of ASML in a report on Monday, June 29th. Finally, Morgan Stanley reissued an “overweight” rating on shares of ASML in a research report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,854.12.

ASML Stock Performance

Shares of ASML stock opened at $1,747.28 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The stock has a fifty day moving average of $1,682.50 and a 200 day moving average of $1,463.04. The firm has a market capitalization of $687.17 billion, a price-to-earnings ratio of 62.67, a PEG ratio of 1.39 and a beta of 1.78. 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 earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The firm 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%. As a group, research analysts expect that ASML Holding N.V. will post 36.62 earnings per share for the current year.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein and other analysts argued the market is underestimating ASML’s earnings power and lifted price targets, citing strong demand for EUV and High-NA systems. Bernstein Says the Street Is Badly Wrong on ASML
• Positive Sentiment: SK hynix’s planned spending on ASML’s EUV systems underscores persistent demand from major chipmakers investing in next-generation manufacturing tools. SK Hynix plans to spend 11.9T won to acquire ASML’s EUV systems
• Positive Sentiment: ASML continued share repurchases under its buyback program, signaling management confidence and adding support for the stock. ASML reports transactions under its current share buyback program
• Neutral Sentiment: Wall Street analyst coverage remains broadly favorable, but the latest “good investment” articles largely repackage existing consensus rather than revealing a new catalyst. Wall Street Analysts Think ASML (ASML) Is a Good Investment: Is It?
• Negative Sentiment: Geopolitical headlines around Dutch export curbs to China remain an overhang, creating policy risk for future sales and shipments. Dutch trade minister heads to China as Nexperia dispute and ASML curbs loom

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.