True North Advisors LLC Increases Stock Position in ASML Holding (NASDAQ:ASML)

True North Advisors LLC grew its stake in ASML Holding (NASDAQ:ASML) by 219.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 969 shares of the semiconductor company’s stock after buying an additional 666 shares during the period. True North Advisors LLC’s holdings in ASML were worth $672,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Fisher Asset Management LLC boosted its stake in ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after buying an additional 31,879 shares in the last quarter. Edgewood Management LLC lifted its holdings in shares of ASML by 3.3% in the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after acquiring an additional 70,776 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after purchasing an additional 474,653 shares during the last quarter. Windacre Partnership LLC raised its position in ASML by 4.0% in the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after purchasing an additional 25,600 shares during the period. Finally, Lone Pine Capital LLC lifted its stake in ASML by 19.0% in the second quarter. Lone Pine Capital LLC now owns 587,891 shares of the semiconductor company’s stock worth $601,254,000 after purchasing an additional 93,851 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ ASML opened at $766.71 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The company has a market capitalization of $301.64 billion, a price-to-earnings ratio of 40.14, a P/E/G ratio of 2.35 and a beta of 1.47. The company has a 50 day simple moving average of $710.29 and a two-hundred day simple moving average of $790.96. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Susquehanna decreased their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. JPMorgan Chase & Co. dropped their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Sanford C. Bernstein decreased their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Finally, Wells Fargo & Company raised their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $955.50.

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.