Dearborn Partners LLC Trims Stake in ASML Holding N.V. $ASML

Dearborn Partners LLC lowered its position in ASML Holding N.V. (NASDAQ:ASML) by 34.9% during the 4th quarter, HoldingsChannel reports. The fund owned 678 shares of the semiconductor company’s stock after selling 363 shares during the period. Dearborn Partners LLC’s holdings in ASML were worth $725,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in ASML. Capstone Wealth Management Group LLC grew its holdings in shares of ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after purchasing an additional 124 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after purchasing an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of ASML by 153.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after purchasing an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of ASML by 1.3% in the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after purchasing an additional 15 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of ASML by 5.2% in the second quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after purchasing an additional 559 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Morgan Stanley restated an “overweight” rating on shares of ASML in a report on Wednesday. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a report on Wednesday, May 13th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Royal Bank Of Canada upped their price target on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Finally, Weiss Ratings cut shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Four equities research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,589.63.

ASML Price Performance

NASDAQ:ASML opened at $1,641.74 on Monday. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,779.29. The company has a 50-day moving average of $1,490.67 and a 200 day moving average of $1,343.49. The firm has a market cap of $645.66 billion, a PE ratio of 58.89, a price-to-earnings-growth ratio of 1.31 and a beta of 1.82. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The company had revenue of $10.15 billion during the quarter. As a group, research analysts anticipate that ASML Holding N.V. will post 36.93 EPS 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.