DE Burlo Group Inc. Sells 20,575 Shares of ASML Holding N.V. $ASML

DE Burlo Group Inc. lowered its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 87.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,840 shares of the semiconductor company’s stock after selling 20,575 shares during the quarter. DE Burlo Group Inc.’s holdings in ASML were worth $3,038,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in ASML by 4.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after buying an additional 38,660 shares during the period. Gradient Investments LLC boosted its position in ASML by 424.3% during the 4th 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 boosted its position in ASML by 314.0% during the 3rd 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 during the 4th quarter valued at $1,444,000. Finally, RWA Wealth Partners LLC boosted its position in ASML by 17.3% during the 3rd quarter. RWA Wealth Partners LLC now owns 37,575 shares of the semiconductor company’s stock valued at $36,376,000 after buying an additional 5,543 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Royal Bank Of Canada increased their price target on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. JPMorgan Chase & Co. raised 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 report on Wednesday, June 3rd. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Thursday, April 9th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Four investment 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 issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,589.63.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

ASML Trading Down 1.9%

NASDAQ:ASML opened at $1,863.55 on Friday. The company has a 50-day moving average price of $1,539.82 and a 200-day moving average price of $1,369.29. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,903.50. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The stock has a market cap of $732.90 billion, a price-to-earnings ratio of 66.84, a P/E/G ratio of 1.49 and a beta of 1.82.

ASML (NASDAQ:ASML) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion during the quarter. Equities analysts predict that ASML Holding N.V. will post 36.86 EPS for the current year.

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.