Janney Montgomery Scott LLC Boosts Stock Holdings in ASML Holding (NASDAQ:ASML)

Janney Montgomery Scott LLC boosted its position in ASML Holding (NASDAQ:ASML) by 0.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,856 shares of the semiconductor company’s stock after buying an additional 647 shares during the quarter. Janney Montgomery Scott LLC’s holdings in ASML were worth $45,626,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in ASML. 1900 Wealth Management LLC raised its stake in ASML by 3.5% in the 1st quarter. 1900 Wealth Management LLC now owns 773 shares of the semiconductor company’s stock valued at $512,000 after acquiring an additional 26 shares during the period. Trust Point Inc. lifted its stake in shares of ASML by 3.5% during the 1st quarter. Trust Point Inc. now owns 627 shares of the semiconductor company’s stock valued at $415,000 after buying an additional 21 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its holdings in ASML by 24.3% in the 1st quarter. Cyndeo Wealth Partners LLC now owns 3,986 shares of the semiconductor company’s stock worth $2,641,000 after buying an additional 778 shares during the period. Warther Private Wealth LLC grew its stake in ASML by 4.4% in the 1st quarter. Warther Private Wealth LLC now owns 780 shares of the semiconductor company’s stock valued at $517,000 after buying an additional 33 shares in the last quarter. Finally, Bank Pictet & Cie Europe AG bought a new stake in ASML during the 1st quarter valued at $252,000. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Up 1.9%

Shares of ASML stock opened at $775.23 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a 1 year low of $578.51 and a 1 year high of $1,110.09. The firm has a market cap of $304.99 billion, a PE ratio of 37.27, a PEG ratio of 1.62 and a beta of 1.74. The company has a 50 day simple moving average of $713.86 and a two-hundred day simple moving average of $715.79.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on ASML. Wells Fargo & Company decreased their price objective on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Susquehanna lowered their price target on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Barclays reaffirmed an “equal weight” rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Citigroup reissued a “buy” rating on shares of ASML in a report on Monday, May 19th. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average target price of $906.00.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.