Colonial Trust Co SC Boosts Stock Holdings in ASML Holding N.V. $ASML

Colonial Trust Co SC lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 69.4% during the fourth quarter, Holdings Channel reports. The fund owned 2,373 shares of the semiconductor company’s stock after acquiring an additional 972 shares during the period. Colonial Trust Co SC’s holdings in ASML were worth $2,539,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. 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 acquiring an additional 15 shares during the period. North Star Investment Management Corp. grew its stake 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 purchasing an additional 11 shares in the last quarter. Jessup Wealth Management Inc acquired a new position in shares of ASML during the fourth quarter worth $30,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of ASML during the fourth quarter worth $32,000. Finally, Evolution Wealth Management Inc. acquired a new position in shares of ASML during the fourth quarter worth $33,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,899.48 on Friday. The stock has a market capitalization of $747.03 billion, a PE ratio of 68.13, a price-to-earnings-growth ratio of 1.38 and a beta of 1.82. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,903.50. The stock’s 50-day moving average price is $1,529.75 and its 200 day moving average price is $1,365.81. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The firm had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. As a group, equities research analysts forecast that ASML Holding N.V. will post 36.93 EPS for the current year.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research note on Wednesday, June 3rd. Wall Street Zen downgraded shares of ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. JPMorgan Chase & Co. boosted their target price on shares of ASML from $1,813.00 to $2,200.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Zacks Research upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 4th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,589.63.

ASML News Roundup

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Elon Musk virtually addressed ASML employees and is expected to discuss his “Terafab” semiconductor manufacturing plans, putting ASML in the spotlight as a key equipment supplier for future chip production and boosting investor sentiment. Musk to speak at chip tool giant ASML event ahead of SpaceX IPO
• Positive Sentiment: Goldman Sachs reaffirmed its “buy” rating on ASML, reinforcing confidence in the company’s long-term fundamentals and helping support the stock. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: ASML is drawing investor attention as a favored AI/semiconductor name, with a prominent tech investor reportedly betting on the stock alongside Nvidia and other AI-related companies. AI Stocks Underestimate the Technology’s Potential, Says This Tech Investor
• Positive Sentiment: Recent coverage highlights ASML’s record-high valuation and market-cap milestone, reflecting strong momentum in the shares and continued enthusiasm for the company’s EUV leadership. ASML breaks $700B market cap barrier: Here’s the rally drivers and key risks
• Neutral Sentiment: ASML reached an agreement with unions to cut fewer jobs than originally planned, reducing restructuring concerns but not materially changing the near-term growth outlook. ASML to cut fewer jobs after talks with Dutch unions
• Neutral Sentiment: Separately, some commentary raised competitive concerns about potential challengers to ASML’s EUV technology, but this appears more speculative than an immediate threat. Canon: Potential Challenger Of ASML’s EUV Process

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.