Harvest Fund Management Co. Ltd raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 50.1% during the 4th quarter, Holdings Channel reports. The fund owned 14,541 shares of the semiconductor company’s stock after purchasing an additional 4,851 shares during the period. Harvest Fund Management Co. Ltd’s holdings in ASML were worth $15,542,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Family Capital Management Inc. boosted its position in ASML by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after acquiring an additional 7 shares in the last quarter. 44 Wealth Management LLC boosted its position in ASML by 1.1% during the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock valued at $703,000 after acquiring an additional 7 shares in the last quarter. Sky Investment Group LLC boosted its position in ASML by 2.1% during the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after acquiring an additional 8 shares in the last quarter. White Lighthouse Investment Management Inc. boosted its position in ASML by 2.2% during the 4th quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock valued at $390,000 after acquiring an additional 8 shares in the last quarter. Finally, Main Management ETF Advisors LLC boosted its position in ASML by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company’s stock valued at $838,000 after acquiring an additional 8 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.
Analyst Ratings Changes
Several analysts have issued reports on ASML shares. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. increased their target price on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research report on Wednesday. Wells Fargo & Company reaffirmed an “overweight” rating and set a $1,750.00 target price on shares of ASML in a research report on Thursday, April 16th. Morningstar cut ASML to a “sell” rating in a research report on Wednesday, May 27th. Finally, Susquehanna reiterated a “positive” rating on shares of ASML in a report on Thursday, April 9th. 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,589.63.
ASML Stock Performance
Shares of ASML opened at $1,757.47 on Friday. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,779.29. The stock has a fifty day moving average price of $1,485.72 and a 200-day moving average price of $1,339.11. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The firm has a market cap of $691.18 billion, a PE ratio of 63.04, a P/E/G ratio of 1.42 and a beta of 1.82.
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion during the quarter. Equities research analysts predict that ASML Holding N.V. will post 37.1 earnings per share for the current fiscal year.
More ASML News
Here are the key news stories impacting ASML this week:
- Positive Sentiment: JPMorgan Chase & Co. raised its price target on ASML to $2,200 from $1,813 and reiterated a Buy rating, implying further upside as the bank sees earnings estimates for 2027 and 2028 as too low. ASML Given New $2,200.00 Price Target at JPMorgan Chase & Co.
- Positive Sentiment: JPMorgan also said ASML’s own messaging suggests it may be able to supply more EUV lithography tools than previously expected, which could support stronger future revenue and profit growth. JP Morgan raises ASML estimates as chipmaker signals it can supply far more EUV tools than previously guided
- Positive Sentiment: Articles highlighting ASML as a beneficiary of the AI infrastructure build-out and as a “wide-moat” stock are adding to the bullish narrative around long-term demand for its semiconductor equipment. ASML Holding N.V. (ASML) Gains from AI infrastructure Build Out
- Neutral Sentiment: Recent market coverage notes ASML has had strong short-term share price momentum and is being watched closely by investors, but that piece does not point to a new catalyst. Assessing ASML Holding (ENXTAM:ASML) Valuation After Strong Short Term Share Price Momentum
- Neutral Sentiment: Additional broker-related and “trending stock” articles suggest ASML is drawing attention from analysts and retail investors, which may be supporting sentiment but is not a fundamental change by itself. ASML Is Considered a Good Investment by Brokers: Is That True?
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.
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