ASML Holding N.V. $ASML Shares Acquired by Spinnaker Trust

Spinnaker Trust boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 13.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,861 shares of the semiconductor company’s stock after buying an additional 1,038 shares during the quarter. Spinnaker Trust’s holdings in ASML were worth $11,704,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its position in shares of ASML by 4.1% in the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after buying an additional 38,660 shares during the period. Gradient Investments LLC raised its position in ASML by 424.3% during the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock valued at $15,393,000 after buying an additional 11,644 shares during the period. Grantham Mayo Van Otterloo & Co. LLC raised its position in ASML by 314.0% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock valued at $23,841,000 after buying an additional 18,677 shares during the period. Bingham Private Wealth LLC purchased a new stake in ASML in the 4th quarter worth about $1,444,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in ASML by 3.5% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after acquiring an additional 760 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,883.11 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. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,959.04. The stock’s 50-day moving average is $1,637.92 and its two-hundred day moving average is $1,431.76. The firm has a market cap of $740.60 billion, a P/E ratio of 67.54, a PEG ratio of 1.36 and a beta of 1.82.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Analysts predict that ASML Holding N.V. will post 36.69 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ASML has been the topic of several research analyst reports. Bank of America lifted their target price on ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research report on Wednesday, June 3rd. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Finally, Wells Fargo & Company increased their target price on shares of ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Four research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,772.62.

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.