Nomura Asset Management Co. Ltd. Increases Holdings in ASML Holding N.V. $ASML

Nomura Asset Management Co. Ltd. lifted its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 20.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 3,489 shares of the semiconductor company’s stock after buying an additional 602 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in ASML were worth $3,733,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. North Star Investment Management Corp. boosted its stake in shares of ASML by 68.8% during the 4th 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 in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of ASML during the 4th quarter worth approximately $32,000. Binnacle Investments Inc boosted its stake in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in shares of ASML during the 3rd quarter worth approximately $34,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of ASML during the 3rd quarter worth approximately $34,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ASML. DZ Bank reissued a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research note on Thursday, April 9th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research note on Monday, May 25th. Finally, Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Three research 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 stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $1,589.63.

ASML Trading Up 1.8%

Shares of ASML opened at $1,757.47 on Friday. 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 firm has a market capitalization of $691.18 billion, a P/E ratio of 63.04, a price-to-earnings-growth ratio of 1.42 and a beta of 1.82. The stock’s fifty day simple moving average is $1,485.72 and its 200 day simple moving average is $1,339.11. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,779.29.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion for the quarter. On average, equities research analysts forecast that ASML Holding N.V. will post 37.1 earnings per share for the current year.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: JPMorgan Chase & Co. raised its price target on ASML to $2,200 from $1,813 and reiterated a Buy rating, implying further upside as the bank sees earnings estimates for 2027 and 2028 as too low. ASML Given New $2,200.00 Price Target at JPMorgan Chase & Co.
• Positive Sentiment: JPMorgan also said ASML’s own messaging suggests it may be able to supply more EUV lithography tools than previously expected, which could support stronger future revenue and profit growth. JP Morgan raises ASML estimates as chipmaker signals it can supply far more EUV tools than previously guided
• Positive Sentiment: Articles highlighting ASML as a beneficiary of the AI infrastructure build-out and as a “wide-moat” stock are adding to the bullish narrative around long-term demand for its semiconductor equipment. ASML Holding N.V. (ASML) Gains from AI infrastructure Build Out
• Neutral Sentiment: Recent market coverage notes ASML has had strong short-term share price momentum and is being watched closely by investors, but that piece does not point to a new catalyst. Assessing ASML Holding (ENXTAM:ASML) Valuation After Strong Short Term Share Price Momentum
• Neutral Sentiment: Additional broker-related and “trending stock” articles suggest ASML is drawing attention from analysts and retail investors, which may be supporting sentiment but is not a fundamental change by itself. ASML Is Considered a Good Investment by Brokers: Is That True?

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.