Diversified Trust Co decreased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 10.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,552 shares of the semiconductor company’s stock after selling 510 shares during the period. Diversified Trust Co’s holdings in ASML were worth $6,012,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC acquired a new position in ASML during the fourth quarter worth $26,000. Binnacle Investments Inc lifted its holdings in ASML by 78.9% during the second 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. Resources Management Corp CT ADV grew its position in shares of ASML by 1,150.0% in the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 23 shares during the period. North Star Investment Management Corp. grew its position in shares of ASML by 68.8% in the fourth 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 during the period. Finally, Jessup Wealth Management Inc purchased a new stake in shares of ASML during the fourth quarter worth about $30,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
ASML Price Performance
NASDAQ:ASML opened at $1,929.68 on Friday. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,942.87. The stock has a market cap of $758.90 billion, a PE ratio of 69.21, a P/E/G ratio of 1.55 and a beta of 1.82. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The stock has a 50 day moving average price of $1,594.98 and a 200 day moving average price of $1,399.33.
Trending Headlines about ASML
Here are the key news stories impacting ASML this week:
- Negative Sentiment: U.S. officials reportedly questioned whether an ASML EUV machine may have made its way to China, raising the risk of tighter export scrutiny and possible regulatory fallout. US tells ASML it’s concerned one of its chipmaking tools may be in China, Bloomberg News reports
- Negative Sentiment: ASML is facing fresh China export scrutiny after reports that the Trump administration is probing whether an advanced chipmaking tool was diverted to China, keeping geopolitical risk front and center for investors. ASML Faces Fresh China Export Scrutiny
- Neutral Sentiment: ASML has denied the allegations, saying its EUV systems are not in China; while that may limit immediate damage, the dispute still leaves uncertainty around U.S.-China export controls. US tells ASML it is concerned China may have top chip tool, Bloomberg News reports
- Neutral Sentiment: Longer-term optimism remains in place, with analysts still pointing to strong earnings growth and demand trends, and Barclays recently raising its price target on ASML. Here’s Why ASML Holding N.V. (ASML) Is Among the Stocks with Best Earnings Growth for the Next 3 Years
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on ASML. Morningstar downgraded shares of ASML to a “sell” rating in a research report on Wednesday, May 27th. Wells Fargo & Company reiterated an “overweight” rating and issued a $1,750.00 price objective on shares of ASML in a report on Thursday, April 16th. Susquehanna reiterated a “positive” rating on shares of ASML in a research note on Thursday, April 9th. Citigroup reissued a “buy” rating on shares of ASML in a report on Thursday, April 16th. Finally, JPMorgan Chase & Co. raised 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, June 3rd. Four investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,589.62.
View 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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