Keudell Morrison Wealth Management bought a new stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) during the fourth quarter, HoldingsChannel reports. The firm bought 1,310 shares of the semiconductor company’s stock, valued at approximately $1,402,000.
A number of other institutional investors have also modified their holdings of the stock. North Star Investment Management Corp. raised its stake in ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 11 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in ASML during the fourth quarter worth about $32,000. Binnacle Investments Inc raised its stake in ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares during the period. JPL Wealth Management LLC acquired a new stake in ASML during the third quarter worth about $34,000. Finally, Wealth Watch Advisors INC acquired a new stake in ASML during the third quarter worth about $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
Key ASML News
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Reuters reported ASML’s CEO expects chip supply to remain tight as AI, satellite, and robotics demand outpaces industry capacity, reinforcing a favorable long-term demand outlook for ASML’s lithography tools. Article Title
- Positive Sentiment: UBS named ASML its top semiconductor pick in Europe, raising its price target and lifting earnings estimates, which supports the stock’s recent strength. Article Title
- Positive Sentiment: Another UBS note said ASML offers an attractive risk/reward setup in European semiconductors, while Goldman Sachs also reiterated a Buy rating and raised its price target, adding to bullish analyst momentum. Article Title
- Positive Sentiment: Technical coverage highlighted ASML breaking above key resistance and flashing a golden cross-style signal, which traders may view as confirmation of a short-term uptrend. Article Title
- Neutral Sentiment: ASML was also described as a key AI “pick-and-shovel” stock and a top holding for billionaire investor Ken Fisher, reinforcing its strategic importance in the AI buildout. Article Title
- Neutral Sentiment: The company’s partnership with Tata Electronics to supply lithography technology for India’s first commercial chip fab expands ASML’s long-term growth footprint, though the near-term financial impact is still uncertain. Article Title
ASML Price Performance
ASML (NASDAQ:ASML – Get Free Report) 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. Analysts forecast that ASML Holding N.V. will post 37.1 EPS for the current year.
Analyst Upgrades and Downgrades
ASML has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Thursday, April 16th. 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 note on Thursday, April 16th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Wednesday, May 13th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research report on Friday, May 15th. Finally, Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Wednesday, April 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.
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