Frank Rimerman Advisors LLC Acquires 376 Shares of ASML Holding N.V. $ASML

Frank Rimerman Advisors LLC grew its holdings in ASML Holding N.V. (NASDAQ:ASML) by 9.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 4,442 shares of the semiconductor company’s stock after buying an additional 376 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in ASML were worth $5,867,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in ASML. Fisher Asset Management LLC lifted its position in shares of ASML by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after purchasing an additional 132,353 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of ASML by 8.3% in the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock valued at $1,805,733,000 after purchasing an additional 142,763 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of ASML by 195.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after purchasing an additional 1,022,532 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in ASML by 14.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock worth $1,633,046,000 after purchasing an additional 193,068 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in ASML by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 1,157,324 shares of the semiconductor company’s stock worth $1,120,394,000 after purchasing an additional 232,960 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Stock Performance

ASML stock opened at $1,768.65 on Thursday. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,999.96. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The company has a market cap of $695.57 billion, a P/E ratio of 63.44, a price-to-earnings-growth ratio of 1.33 and a beta of 1.78. The business’s fifty day moving average is $1,689.22 and its 200-day moving average is $1,468.20.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The business 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%. Equities research analysts forecast that ASML Holding N.V. will post 36.62 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on ASML. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. DZ Bank restated a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Sanford C. Bernstein raised their price target on ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a report on Monday. Finally, Wells Fargo & Company lifted their price objective on ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,854.12.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Jefferies reiterated a Buy rating on ASML and raised its price target to €1,560 from €1,260, citing a strong semiconductor outlook and the company’s key role in the AI chip supply chain. ASML Holding N.V. (ASML) Price Target Raised by Jefferies on Strong Semiconductor Outlook
• Positive Sentiment: Multiple reports say advanced-chip demand remains very strong, which could help ASML post better-than-expected quarterly results and guidance when it reports earnings on July 15. Should You Buy ASML Holding Stock Before July 15?
• Positive Sentiment: Analysts continue to point to ASML’s monopoly-like position in EUV lithography and a large, multi-year semiconductor capex cycle, which supports the stock’s long-term upside despite near-term volatility. A Market Panic Just Discounted the AI Highway’s Tollbooth
• Neutral Sentiment: ASML is expected to post earnings soon, and investors are focused on bookings and order momentum because revenue can lag due to long installation and qualification timelines for its tools. ASML (ASML) Expected to Post Earnings on Wednesday
• Negative Sentiment: ASML has also been pulled lower at times by a broader chip-sector liquidation tied to a KOSPI-driven margin cascade, which has pressured semiconductor names regardless of their individual fundamentals. The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity

About ASML

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.