Bank of Stockton Has $1.17 Million Stake in ASML Holding N.V. (NASDAQ:ASML)

Bank of Stockton reduced its holdings in ASML Holding N.V. (NASDAQ:ASML) by 1.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,762 shares of the semiconductor company’s stock after selling 34 shares during the period. Bank of Stockton’s holdings in ASML were worth $1,168,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Putney Financial Group LLC grew its stake in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 29 shares during the period. Wellington Shields & Co. LLC increased its stake in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of ASML in the 4th quarter valued at approximately $31,000. Pinnacle Bancorp Inc. acquired a new position in ASML during the first quarter valued at approximately $42,000. Finally, Alpine Bank Wealth Management bought a new stake in ASML in the first quarter valued at approximately $43,000. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

ASML has been the subject of several research analyst reports. Susquehanna decreased their price target on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a report on Thursday, April 17th. Citigroup restated a “buy” rating on shares of ASML in a report on Monday, May 19th. Sanford C. Bernstein assumed coverage on ASML in a research report on Tuesday, June 17th. They issued a “market perform” rating and a $806.00 price objective for the company. Wells Fargo & Company reduced their price target on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Finally, Barclays reaffirmed an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $913.80.

ASML Stock Up 0.2%

ASML stock opened at $815.24 on Thursday. The company has a fifty day simple moving average of $729.15 and a 200 day simple moving average of $718.87. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company has a market cap of $320.73 billion, a P/E ratio of 34.35, a price-to-earnings-growth ratio of 1.58 and a beta of 1.74.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.12 by $0.19. ASML had a return on equity of 51.82% and a net margin of 28.32%. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. Research analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Profile

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.