Envestnet Portfolio Solutions Inc. lifted its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 16.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,706 shares of the semiconductor company’s stock after acquiring an additional 669 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in ASML were worth $5,035,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. Evergreen Wealth Management LLC increased its position in shares of ASML by 4.0% in the fourth quarter. Evergreen Wealth Management LLC now owns 235 shares of the semiconductor company’s stock worth $252,000 after acquiring an additional 9 shares in the last quarter. Stronghold Wealth Management L.L.C. acquired a new stake in shares of ASML in the fourth quarter worth $209,000. Ironwood Investment Counsel LLC grew its holdings in ASML by 16.9% during the 4th quarter. Ironwood Investment Counsel LLC now owns 277 shares of the semiconductor company’s stock valued at $296,000 after purchasing an additional 40 shares in the last quarter. Duncan Williams Asset Management LLC grew its holdings in ASML by 94.0% during the 4th quarter. Duncan Williams Asset Management LLC now owns 743 shares of the semiconductor company’s stock valued at $795,000 after purchasing an additional 360 shares in the last quarter. Finally, Intrua Financial LLC grew its holdings in ASML by 23.0% during the 4th quarter. Intrua Financial LLC now owns 299 shares of the semiconductor company’s stock worth $320,000 after acquiring an additional 56 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
ASML Stock Up 2.7%
ASML stock opened at $1,592.00 on Friday. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,603.49. The company has a market capitalization of $626.10 billion, a price-to-earnings ratio of 57.10, a price-to-earnings-growth ratio of 1.27 and a beta of 1.81. The firm’s 50-day moving average is $1,428.21 and its two-hundred day moving average is $1,295.31. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13.
Key ASML News
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Reuters reported ASML’s CEO expects chip supply to remain tight as AI, satellite, and robotics demand outpaces industry capacity, reinforcing a favorable long-term demand outlook for ASML’s lithography tools. Article Title
- Positive Sentiment: UBS named ASML its top semiconductor pick in Europe, raising its price target and lifting earnings estimates, which supports the stock’s recent strength. Article Title
- Positive Sentiment: Another UBS note said ASML offers an attractive risk/reward setup in European semiconductors, while Goldman Sachs also reiterated a Buy rating and raised its price target, adding to bullish analyst momentum. Article Title
- Positive Sentiment: Technical coverage highlighted ASML breaking above key resistance and flashing a golden cross-style signal, which traders may view as confirmation of a short-term uptrend. Article Title
- Neutral Sentiment: ASML was also described as a key AI “pick-and-shovel” stock and a top holding for billionaire investor Ken Fisher, reinforcing its strategic importance in the AI buildout. Article Title
- Neutral Sentiment: The company’s partnership with Tata Electronics to supply lithography technology for India’s first commercial chip fab expands ASML’s long-term growth footprint, though the near-term financial impact is still uncertain. Article Title
Analysts Set New Price Targets
ASML has been the subject of several research reports. Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Wells Fargo & Company reiterated an “overweight” rating and issued a $1,750.00 price objective on shares of ASML in a research report on Thursday, April 16th. Barclays upgraded shares of ASML to a “buy” rating in a research report on Tuesday. Finally, Zacks Research downgraded shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,504.38.
Read Our Latest Research Report on ASML
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.
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