Sands Capital Management LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 26.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 669,985 shares of the semiconductor company’s stock after acquiring an additional 140,821 shares during the quarter. ASML accounts for 2.2% of Sands Capital Management LLC’s portfolio, making the stock its 21st largest position. Sands Capital Management LLC’s holdings in ASML were worth $716,790,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC bought a new position in ASML during the 4th quarter valued at $26,000. Binnacle Investments Inc boosted its stake in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. North Star Investment Management Corp. boosted its stake in ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 11 shares in the last quarter. Jessup Wealth Management Inc bought a new position in ASML during the 4th quarter valued at $30,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in ASML during the 4th quarter valued at $32,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on ASML shares. Wells Fargo & Company reaffirmed an “overweight” rating and set a $1,750.00 price target on shares of ASML in a research note on Thursday, April 16th. JPMorgan Chase & Co. increased their price target on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Morningstar lowered ASML to a “sell” rating in a research note on Wednesday, May 27th. Wall Street Zen lowered ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Finally, Barclays reaffirmed an “overweight” rating on shares of ASML in a research note on Thursday, June 4th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,589.63.
ASML Stock Performance
ASML opened at $1,863.55 on Monday. The firm has a market cap of $732.90 billion, a PE ratio of 66.84, a P/E/G ratio of 1.49 and a beta of 1.82. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The business has a fifty day simple moving average of $1,539.82 and a 200-day simple moving average of $1,371.98. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,903.50.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The business 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%. As a group, equities analysts predict that ASML Holding N.V. will post 36.86 EPS for the current fiscal year.
More 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
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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