Channing Global Advisors LLC Sells 335 Shares of ASML Holding N.V. $ASML

Channing Global Advisors LLC trimmed its position in ASML Holding N.V. (NASDAQ:ASML) by 21.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,258 shares of the semiconductor company’s stock after selling 335 shares during the quarter. ASML accounts for 1.0% of Channing Global Advisors LLC’s holdings, making the stock its 19th largest holding. Channing Global Advisors LLC’s holdings in ASML were worth $1,662,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Cornerstone Financial Management LLC purchased a new position in shares of ASML in the 4th quarter valued at approximately $26,000. Binnacle Investments Inc increased its stake in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. Resources Management Corp CT ADV increased its stake in ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 23 shares in the last quarter. North Star Investment Management Corp. raised its holdings in shares of ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc acquired a new stake in shares of ASML during the fourth quarter worth $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ASML has been the topic of several research reports. Royal Bank Of Canada upped their target price on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Morningstar downgraded ASML to a “sell” rating in a research note on Wednesday, May 27th. UBS Group reissued a “buy” rating on shares of ASML in a report on Wednesday, July 1st. Finally, Bank of America raised their price objective on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $1,854.12.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein sharply raised its price target on ASML and kept an Outperform rating, signaling confidence that the company’s exposure to advanced chip equipment demand remains strong. Bernstein Raises its Price Target on ASML Holding (ASML)
• Positive Sentiment: Jefferies also reiterated a Buy rating and lifted its target, citing a constructive semiconductor outlook and expectations for continued spending on AI-related chip manufacturing tools. ASML Holding N.V. (ASML) Price Target Raised by Jefferies on Strong Semiconductor Outlook
• Positive Sentiment: Recent coverage highlighted that rising demand for advanced chips could help ASML beat quarterly expectations and issue solid guidance, reinforcing the bullish case ahead of earnings. Should You Buy ASML Holding Stock Before July 15?
• Neutral Sentiment: Some articles noted recent volatility and debate over valuation, including questions about whether ASML is overvalued after analyst-driven swings, but these reports did not materially change the broader bullish tone. ASML Holding (ENXTAM:ASML) Swings On Analyst Sentiment, Is It 17% Overvalued?
• Negative Sentiment: One report pointed to a sharp pullback tied to market-wide margin pressure and risk-off trading, though analysts argued the decline may have created a buying opportunity rather than reflecting a deterioration in fundamentals. A Market Panic Just Discounted the AI Highway’s Tollbooth

ASML Price Performance

NASDAQ:ASML opened at $1,804.25 on Friday. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The firm has a market cap of $709.58 billion, a price-to-earnings ratio of 64.71, a PEG ratio of 1.34 and a beta of 1.78. The firm’s fifty day moving average is $1,697.62 and its two-hundred day moving average is $1,473.46.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The business 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%. Research analysts expect that ASML Holding N.V. will post 36.62 EPS for the current year.

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.