Entropy Technologies LP Invests $6.40 Million in ASML Holding N.V. $ASML

Entropy Technologies LP purchased a new position in ASML Holding N.V. (NASDAQ:ASML) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 5,980 shares of the semiconductor company’s stock, valued at approximately $6,398,000.

A number of other institutional investors also recently made changes to their positions in the stock. Bollard Group LLC acquired a new stake in shares of ASML in the 4th quarter worth approximately $187,000. 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. Atlas Capital Advisors Inc. acquired a new stake in shares of ASML in the 4th quarter worth approximately $143,000. Altrafin AG acquired a new stake in ASML during the fourth quarter valued at approximately $1,672,000. Finally, Apriem Advisors acquired a new stake in ASML during the fourth quarter valued at approximately $210,000. 26.07% of the stock is owned by institutional investors and hedge funds.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

Wall Street Analysts Forecast Growth

Several research firms recently commented on ASML. Susquehanna reissued a “positive” rating on shares of ASML in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Thursday, April 16th. DZ Bank reissued a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. JPMorgan Chase & Co. increased their target price on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 4th. Four 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. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus price target of $1,589.63.

ASML Stock Down 1.9%

ASML stock opened at $1,863.55 on Friday. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,903.50. The firm has a 50 day simple moving average of $1,539.82 and a 200 day simple moving average of $1,369.29. 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 firm has a market cap of $732.90 billion, a PE ratio of 66.84, a P/E/G ratio of 1.49 and a beta of 1.82.

ASML (NASDAQ:ASML) last posted 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 during the quarter. Equities research analysts forecast that ASML Holding N.V. will post 36.86 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.