Weatherly Asset Management L. P. Increases Position in ASML Holding N.V. $ASML

Weatherly Asset Management L. P. lifted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 2.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,859 shares of the semiconductor company’s stock after buying an additional 340 shares during the period. ASML makes up approximately 1.5% of Weatherly Asset Management L. P.’s holdings, making the stock its 20th largest position. Weatherly Asset Management L. P.’s holdings in ASML were worth $18,306,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Arrowstreet Capital Limited Partnership lifted its stake in shares of ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after acquiring an additional 1,022,532 shares during the period. Capital International Investors boosted its holdings in shares of ASML by 17.3% in the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after acquiring an additional 577,448 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of ASML by 75.6% during the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after acquiring an additional 340,518 shares during the period. Van ECK Associates Corp increased its stake in shares of ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after acquiring an additional 305,435 shares during the period. Finally, BlueSpruce Investments LP increased its stake in shares of ASML by 18,861.1% during the third quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock worth $237,160,000 after acquiring an additional 243,685 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Negative Sentiment: U.S. officials reportedly questioned whether an ASML EUV machine may have made its way to China, raising the risk of tighter export scrutiny and possible regulatory fallout. US tells ASML it’s concerned one of its chipmaking tools may be in China, Bloomberg News reports
• Negative Sentiment: ASML is facing fresh China export scrutiny after reports that the Trump administration is probing whether an advanced chipmaking tool was diverted to China, keeping geopolitical risk front and center for investors. ASML Faces Fresh China Export Scrutiny
• Neutral Sentiment: ASML has denied the allegations, saying its EUV systems are not in China; while that may limit immediate damage, the dispute still leaves uncertainty around U.S.-China export controls. US tells ASML it is concerned China may have top chip tool, Bloomberg News reports
• Neutral Sentiment: Longer-term optimism remains in place, with analysts still pointing to strong earnings growth and demand trends, and Barclays recently raising its price target on ASML. Here’s Why ASML Holding N.V. (ASML) Is Among the Stocks with Best Earnings Growth for the Next 3 Years

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Morgan Stanley restated an “overweight” rating on shares of ASML in a research report on Wednesday, June 3rd. Freedom Capital upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Morningstar downgraded ASML to a “sell” rating in a research note on Wednesday, May 27th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,589.62.

ASML Stock Performance

Shares of ASML opened at $1,929.68 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,942.87. The company has a 50-day simple moving average of $1,594.98 and a 200-day simple moving average of $1,399.33. The company has a market capitalization of $758.90 billion, a PE ratio of 69.21, a P/E/G ratio of 1.55 and a beta of 1.82.

ASML (NASDAQ:ASML) last released 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 firm had revenue of $10.15 billion for the quarter. Equities research analysts predict that ASML Holding N.V. will post 36.76 earnings per share for the current fiscal year.

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.