Spinnaker Trust Acquires 558 Shares of ASML Holding N.V. $ASML

Spinnaker Trust lifted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 7.7% in the fourth quarter, Holdings Channel reports. The fund owned 7,823 shares of the semiconductor company’s stock after purchasing an additional 558 shares during the quarter. Spinnaker Trust’s holdings in ASML were worth $8,370,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Binnacle Investments Inc lifted its holdings in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the last quarter. North Star Investment Management Corp. raised its position in ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in ASML in the 4th quarter worth about $32,000. JPL Wealth Management LLC purchased a new stake in ASML in the 3rd quarter worth about $34,000. Finally, Wealth Watch Advisors INC purchased a new stake in ASML in the 3rd quarter worth about $34,000. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML opened at $1,628.57 on Tuesday. The company has a market cap of $640.48 billion, a price-to-earnings ratio of 58.41, a price-to-earnings-growth ratio of 1.32 and a beta of 1.82. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,654.20. 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 50 day moving average of $1,463.66 and a two-hundred day moving average of $1,324.15.

ASML (NASDAQ:ASML) last posted its quarterly earnings data 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 business had revenue of $10.15 billion during the quarter. As a group, analysts predict that ASML Holding N.V. will post 37.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Royal Bank Of Canada increased their price objective on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Barclays raised shares of ASML to a “buy” rating in a research report on Tuesday, May 19th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research report on Monday, May 25th. Finally, Citigroup reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,504.38.

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.