Storgate LLC acquired a new stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 451 shares of the semiconductor company’s stock, valued at approximately $483,000.
Several other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in ASML by 4.1% in the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after buying an additional 38,660 shares during the last quarter. Gradient Investments LLC increased its position in ASML by 424.3% in the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after buying an additional 11,644 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its position in ASML by 314.0% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock worth $23,841,000 after buying an additional 18,677 shares during the last quarter. Bingham Private Wealth LLC purchased a new stake in ASML in the fourth quarter worth $1,444,000. Finally, RWA Wealth Partners LLC increased its position in ASML by 17.3% in the third quarter. RWA Wealth Partners LLC now owns 37,575 shares of the semiconductor company’s stock worth $36,376,000 after buying an additional 5,543 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.
Key ASML News
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
- Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
- Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
- Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
- Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions
ASML Price Performance
ASML (NASDAQ:ASML – Get Free Report) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The company 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%. Equities research analysts anticipate that ASML Holding N.V. will post 36.93 earnings per share for the current year.
Wall Street Analysts Forecast Growth
ASML has been the subject of a number of recent research reports. Wells Fargo & Company reissued an “overweight” rating and issued a $1,750.00 target price on shares of ASML in a research report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Royal Bank Of Canada raised their target price on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research report on Wednesday, June 3rd. Finally, Weiss Ratings downgraded ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Four research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $1,589.63.
Check Out Our Latest Stock Analysis 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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