Allworth Financial LP Has $3.95 Million Stock Position in ASML Holding N.V. $ASML

Allworth Financial LP lifted its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 12.4% during the 4th quarter, Holdings Channel reports. The firm owned 3,688 shares of the semiconductor company’s stock after purchasing an additional 407 shares during the quarter. Allworth Financial LP’s holdings in ASML were worth $3,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Manning & Napier Advisors LLC acquired a new stake in shares of ASML during the third quarter worth $25,000. North Star Investment Management Corp. increased its position in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of ASML during the fourth quarter worth $32,000. Binnacle Investments Inc increased its position in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares during the period. Finally, JPL Wealth Management LLC acquired a new stake in shares of ASML during the third quarter worth $34,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on ASML. Barclays restated a “buy” rating on shares of ASML in a report on Wednesday, April 15th. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Grupo Santander cut shares of ASML to an “underperform” rating in a report on Thursday, January 22nd. Sanford C. Bernstein restated a “buy” rating on shares of ASML in a report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $1,504.38.

ASML Stock Performance

NASDAQ ASML opened at $1,501.81 on Friday. The company’s 50 day moving average is $1,414.78 and its 200-day moving average is $1,280.97. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,603.49. 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 firm has a market cap of $590.63 billion, a P/E ratio of 53.87, a price-to-earnings-growth ratio of 1.23 and a beta of 1.81.

ASML (NASDAQ:ASML) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The business had revenue of $10.15 billion for the quarter. Sell-side analysts predict that ASML Holding N.V. will post 37.09 earnings per share for the current year.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML and Tata Electronics signed a deal to support an advanced chip fab project in Gujarat, India, highlighting new growth opportunities for ASML in a major emerging semiconductor market. Dutch chip giant ASML signs deal with Tata to power India semiconductor plant
• Positive Sentiment: Multiple reports said the Tata-ASML agreement strengthens India’s semiconductor push, which could boost long-term demand for ASML’s lithography systems. Tata Electronics partners with ASML for its $11Bn chip manufacturing project
• Positive Sentiment: Goldman Sachs reiterated its “Buy” rating on ASML, adding to investor confidence in the stock’s outlook. ASML’s (ASML) “Buy” Rating Reiterated at The Goldman Sachs Group
• Positive Sentiment: JPMorgan also reaffirmed its “Buy” rating, while brokerage coverage continues to point to a consensus “Moderate Buy” for ASML. ASML – JP Morgan reiterates its buy rating

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.