Glass Wealth Management Co LLC Raises Holdings in ASML Holding N.V. $ASML

Glass Wealth Management Co LLC increased its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 20.5% in the 4th quarter, Holdings Channel reports. The firm owned 4,199 shares of the semiconductor company’s stock after purchasing an additional 715 shares during the period. ASML accounts for approximately 1.8% of Glass Wealth Management Co LLC’s portfolio, making the stock its 19th largest position. Glass Wealth Management Co LLC’s holdings in ASML were worth $4,492,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ASML. Capstone Wealth Management Group LLC increased its position in shares of ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC increased its position in shares of ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after purchasing an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in ASML by 153.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after buying an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after buying an additional 15 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in ASML by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after buying an additional 559 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Price Performance

ASML stock opened at $1,565.81 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The firm has a market capitalization of $615.80 billion, a P/E ratio of 56.16, a P/E/G ratio of 1.31 and a beta of 1.81. The business’s 50-day moving average is $1,403.69 and its two-hundred day moving average is $1,268.10. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,595.31.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The company had revenue of $10.15 billion for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Analysts anticipate that ASML Holding N.V. will post 37.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. UBS Group restated a “buy” rating on shares of ASML in a report on Thursday, April 23rd. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, April 8th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, April 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,504.38.

ASML Company 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.