TCTC Holdings LLC Has $1.63 Million Holdings in ASML Holding N.V. $ASML

TCTC Holdings LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 205.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,527 shares of the semiconductor company’s stock after purchasing an additional 1,027 shares during the quarter. TCTC Holdings LLC’s holdings in ASML were worth $1,634,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Capital International Investors raised its stake 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 worth $3,791,982,000 after purchasing an additional 577,448 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of ASML during the third quarter valued at approximately $505,510,000. Alliancebernstein L.P. grew its holdings in 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 buying an additional 340,518 shares in the last quarter. Van ECK Associates Corp grew its holdings in 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 buying an additional 305,435 shares in the last quarter. Finally, BlueSpruce Investments LP raised its position in ASML by 18,861.1% in the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock valued at $237,160,000 after buying an additional 243,685 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Up 9.5%

Shares of ASML stock opened at $1,899.48 on Friday. The firm has a market cap of $747.03 billion, a PE ratio of 68.13, a P/E/G ratio of 1.38 and a beta of 1.82. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,903.50. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The stock has a fifty day moving average price of $1,529.75 and a 200-day moving average price of $1,365.81.

ASML (NASDAQ:ASML) last posted its quarterly earnings results 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. Equities research analysts anticipate that ASML Holding N.V. will post 36.93 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ASML. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday. Barclays reissued an “overweight” rating on shares of ASML in a research report on Thursday, June 4th. Wells Fargo & Company restated an “overweight” rating and set a $1,750.00 price target on shares of ASML in a report on Thursday, April 16th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Finally, Royal Bank Of Canada increased their price objective on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Four analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,589.63.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Elon Musk virtually addressed ASML employees and is expected to discuss his “Terafab” semiconductor manufacturing plans, putting ASML in the spotlight as a key equipment supplier for future chip production and boosting investor sentiment. Musk to speak at chip tool giant ASML event ahead of SpaceX IPO
• Positive Sentiment: Goldman Sachs reaffirmed its “buy” rating on ASML, reinforcing confidence in the company’s long-term fundamentals and helping support the stock. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: ASML is drawing investor attention as a favored AI/semiconductor name, with a prominent tech investor reportedly betting on the stock alongside Nvidia and other AI-related companies. AI Stocks Underestimate the Technology’s Potential, Says This Tech Investor
• Positive Sentiment: Recent coverage highlights ASML’s record-high valuation and market-cap milestone, reflecting strong momentum in the shares and continued enthusiasm for the company’s EUV leadership. ASML breaks $700B market cap barrier: Here’s the rally drivers and key risks
• Neutral Sentiment: ASML reached an agreement with unions to cut fewer jobs than originally planned, reducing restructuring concerns but not materially changing the near-term growth outlook. ASML to cut fewer jobs after talks with Dutch unions
• Neutral Sentiment: Separately, some commentary raised competitive concerns about potential challengers to ASML’s EUV technology, but this appears more speculative than an immediate threat. Canon: Potential Challenger Of ASML’s EUV Process

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.