Corient Private Wealth LLC Acquires 66,820 Shares of ASML Holding N.V. $ASML

Corient Private Wealth LLC increased its stake in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 29.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 296,904 shares of the semiconductor company’s stock after buying an additional 66,820 shares during the quarter. Corient Private Wealth LLC’s holdings in ASML were worth $317,646,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in ASML. Cornerstone Financial Management LLC bought a new stake in ASML in the fourth quarter worth about $26,000. Binnacle Investments Inc grew its position in shares of 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 acquiring an additional 15 shares during the period. Resources Management Corp CT ADV grew its position in shares of ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares during the period. North Star Investment Management Corp. increased its stake in shares of ASML by 68.8% during the 4th 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 during the last quarter. Finally, Jessup Wealth Management Inc purchased a new stake in shares of ASML during the 4th quarter worth approximately $30,000. Institutional investors own 26.07% of the company’s stock.

Key ASML News

Here are the key news stories impacting ASML this week:

Analyst Ratings Changes

Several equities analysts recently commented on the company. Weiss Ratings downgraded ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Sanford C. Bernstein restated a “buy” rating on shares of ASML in a research note on Monday. Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Finally, UBS Group reiterated a “buy” rating on shares of ASML in a research note on Wednesday, May 20th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,589.62.

View Our Latest Stock Report on ASML

ASML Trading Up 3.3%

NASDAQ:ASML opened at $1,929.68 on Friday. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,942.87. The stock’s fifty day moving average price is $1,584.81 and its two-hundred day moving average price is $1,395.60. 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 company has a market cap of $758.90 billion, a P/E ratio of 69.21, a P/E/G ratio of 1.50 and a beta of 1.82.

ASML (NASDAQ:ASMLGet Free Report) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion during the quarter. As a group, analysts expect that ASML Holding N.V. will post 36.76 EPS for the current year.

About ASML

(Free Report)

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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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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