ASML Holding (NASDAQ:ASML) Shares Acquired by Martin Capital Partners LLC

Martin Capital Partners LLC lifted its position in shares of ASML Holding (NASDAQ:ASML) by 13.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,601 shares of the semiconductor company’s stock after buying an additional 304 shares during the quarter. ASML makes up about 2.1% of Martin Capital Partners LLC’s holdings, making the stock its 25th largest position. Martin Capital Partners LLC’s holdings in ASML were worth $1,724,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. CX Institutional acquired a new position in shares of ASML during the 1st quarter worth $68,000. Sanibel Captiva Trust Company Inc. raised its stake in ASML by 16.9% in the 1st quarter. Sanibel Captiva Trust Company Inc. now owns 21,380 shares of the semiconductor company’s stock valued at $14,167,000 after purchasing an additional 3,095 shares during the last quarter. Parsons Capital Management Inc. RI raised its stake in ASML by 8.2% in the 1st quarter. Parsons Capital Management Inc. RI now owns 1,579 shares of the semiconductor company’s stock valued at $1,046,000 after purchasing an additional 120 shares during the last quarter. Simplicity Wealth LLC raised its stake in ASML by 5.9% in the 1st quarter. Simplicity Wealth LLC now owns 374 shares of the semiconductor company’s stock valued at $248,000 after purchasing an additional 21 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in ASML by 6.0% in the 1st quarter. GAMMA Investing LLC now owns 2,114 shares of the semiconductor company’s stock valued at $1,401,000 after purchasing an additional 119 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Up 1.9%

NASDAQ ASML opened at $784.97 on Wednesday. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a 50-day moving average of $699.98 and a 200-day moving average of $712.75. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The company has a market cap of $308.82 billion, a P/E ratio of 37.74, a P/E/G ratio of 1.62 and a beta of 1.74.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts’ consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. As a group, equities analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ASML shares. Wells Fargo & Company cut their target price on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Susquehanna cut their target price on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. Barclays reissued an “equal weight” rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Monday, May 19th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $906.00.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.