Employees Retirement System of Texas Has $15.56 Million Stock Holdings in ASML Holding N.V. $ASML

Employees Retirement System of Texas grew its holdings in ASML Holding N.V. (NASDAQ:ASML) by 28,978.0% during the fourth quarter, Holdings Channel reports. The firm owned 14,539 shares of the semiconductor company’s stock after acquiring an additional 14,489 shares during the quarter. Employees Retirement System of Texas’ holdings in ASML were worth $15,555,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ASML. North Star Investment Management Corp. raised its stake in 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 buying an additional 11 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in ASML during the 4th quarter worth approximately $32,000. 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 worth $27,000 after buying an additional 15 shares during the period. JPL Wealth Management LLC acquired a new position in ASML during the 3rd quarter worth approximately $34,000. Finally, Wealth Watch Advisors INC acquired a new position in ASML during the 3rd quarter worth approximately $34,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Wells Fargo & Company reaffirmed an “overweight” rating and set a $1,750.00 price target on shares of ASML in a research note on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research note on Friday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,504.38.

ASML Stock Performance

Shares of ASML opened at $1,632.03 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The stock has a 50 day moving average price of $1,444.48 and a two-hundred day moving average price of $1,307.68. The firm has a market capitalization of $641.84 billion, a P/E ratio of 58.54, a P/E/G ratio of 1.34 and a beta of 1.81. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,653.53.

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

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.