Cerity Partners LLC Grows Stock Holdings in ASML Holding N.V. $ASML

Cerity Partners LLC lifted its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 7.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 91,185 shares of the semiconductor company’s stock after buying an additional 6,167 shares during the quarter. Cerity Partners LLC’s holdings in ASML were worth $97,555,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of ASML. North Star Investment Management Corp. lifted its position in shares of ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of ASML in the fourth quarter valued at about $32,000. Evolution Wealth Management Inc. bought a new stake in ASML during the 4th quarter valued at approximately $33,000. Binnacle Investments Inc raised its stake in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the period. Finally, JPL Wealth Management LLC bought a new stake in ASML during the 3rd quarter valued at approximately $34,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bank of America raised its price target on ASML and kept a Buy rating, signaling continued confidence in the company’s outlook after its technology conference. BofA Remains Bullish on ASML Holding (ASML) – Here’s Why
• Positive Sentiment: Articles highlighting ASML as a top AI and long-term growth stock are reinforcing investor confidence that demand for its chipmaking tools remains strong. ASML Holding N.V. (ASML) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio
• Positive Sentiment: Coverage of Elon Musk’s Terafab plans and comments praising ASML as “the greatest company in Europe” have increased attention on ASML’s strategic importance to future chip manufacturing expansion. Why Elon Musk says ASML is the greatest company in Europe
• Neutral Sentiment: ASML becoming the first European public company valued above $700 billion underscores its massive market leadership, though this is more a milestone than a direct earnings catalyst. ASML becomes first European public company valued over $700B
• Neutral Sentiment: Broader semiconductor-sales optimism and bullish stock-screening pieces are keeping ASML in favor, but they mainly reflect sector momentum rather than a company-specific development. 5 Stocks to Boost Your Portfolio on Soaring Semiconductor Sales
• Negative Sentiment: Some market commentary warns that the semiconductor trade may be due for a correction after a strong run, which could create near-term volatility for ASML. Semiconductor Index Outlook: Upside Target Reached, Correction Underway
• Negative Sentiment: Reports that Chinese firms are developing alternative chip technologies without ASML equipment may raise long-term competitive concerns for the company’s monopoly-like position in advanced lithography. Chinese start-up claims nanoimprint tech can mass-produce optical chips without ASML gear

ASML Stock Up 1.6%

Shares of ASML stock opened at $1,777.77 on Wednesday. The stock has a market cap of $699.16 billion, a P/E ratio of 63.77, a PEG ratio of 1.40 and a beta of 1.82. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,831.11. 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’s fifty day simple moving average is $1,508.57 and its two-hundred day simple moving average is $1,353.94.

ASML (NASDAQ:ASML) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Analysts predict that ASML Holding N.V. will post 36.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ASML shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Susquehanna reissued a “positive” rating on shares of ASML in a research note on Thursday, April 9th. JPMorgan Chase & Co. lifted their target price on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Weiss Ratings downgraded ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Finally, Morningstar cut shares of ASML to a “sell” rating in a research note on Wednesday, May 27th. Four analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,589.63.

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.