CORDA Investment Management LLC. Sells 400 Shares of ASML Holding N.V. $ASML

CORDA Investment Management LLC. lessened its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,807 shares of the semiconductor company’s stock after selling 400 shares during the quarter. ASML accounts for 1.9% of CORDA Investment Management LLC.’s portfolio, making the stock its 24th biggest holding. CORDA Investment Management LLC.’s holdings in ASML were worth $27,483,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Arrowstreet Capital Limited Partnership lifted its stake in shares of ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after purchasing an additional 1,022,532 shares during the period. Alliancebernstein L.P. raised its position in ASML by 75.6% in the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after acquiring an additional 340,518 shares during the period. BlueSpruce Investments LP grew its position in shares of ASML by 18,861.1% during the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock valued at $237,160,000 after acquiring an additional 243,685 shares during the period. Price T Rowe Associates Inc. MD lifted its position in ASML by 14.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after purchasing an additional 193,068 shares in the last quarter. Finally, Invesco Ltd. increased its position in ASML by 21.3% in the third quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company’s stock worth $822,492,000 after buying an additional 148,948 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

ASML stock opened at $1,797.32 on Monday. The firm has a market cap of $706.86 billion, a PE ratio of 64.47, a price-to-earnings-growth ratio of 1.36 and a beta of 1.78. The firm has a fifty day moving average price of $1,705.68 and a 200 day moving average price of $1,478.68. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,999.96.

ASML (NASDAQ:ASML) last issued its quarterly earnings data 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 business had revenue of $10.15 billion during the quarter. Sell-side analysts anticipate that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal year.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein raised its price target on ASML and kept an Outperform rating, reinforcing the view that the company remains a long-term winner in advanced chip equipment demand.
• Positive Sentiment: Multiple recent articles argue ASML’s specialized lithography machines make it an essential supplier to AI chip makers, and that pullbacks tied to sector volatility may create buying opportunities. Article Title
• Positive Sentiment: ASML has also been highlighted as a potential beneficiary of renewed strength in semiconductor stocks and AI-related chip demand ahead of earnings. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful increase in actual short positioning, so this does not appear to be a major bearish catalyst.
• Neutral Sentiment: One market note said ASML may beat earnings, but warned that a good report may not be enough to justify the stock’s valuation if guidance or broader chip demand disappoints. Article Title
• Negative Sentiment: Analysts and commentators continue to flag ASML’s lofty valuation, China export curbs, and rising competition as reasons to be cautious heading into results. Article Title
• Negative Sentiment: Recent semiconductor market swings and event-driven selling in Asian chip stocks have added volatility to the group, which can pressure ASML even when its long-term fundamentals remain strong.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ASML. Morningstar downgraded ASML to a “sell” rating in a research note on Wednesday, May 27th. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Wednesday, July 1st. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Susquehanna reissued a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Finally, Bank of America upped their price target 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 analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average target price 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.