ASML Holding N.V. $ASML Shares Sold by North Point Portfolio Managers Corp OH

North Point Portfolio Managers Corp OH reduced its holdings in ASML Holding N.V. (NASDAQ:ASML) by 2.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,428 shares of the semiconductor company’s stock after selling 405 shares during the period. ASML comprises 4.6% of North Point Portfolio Managers Corp OH’s holdings, making the stock its 2nd biggest position. North Point Portfolio Managers Corp OH’s holdings in ASML were worth $25,661,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC grew its position in ASML by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after purchasing an additional 132,353 shares during the period. Capital International Investors lifted its holdings in shares of ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares during the period. Van ECK Associates Corp boosted its stake in shares of ASML by 16.6% in 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 during the last quarter. Bank of America Corp DE grew its holdings in ASML by 8.3% during the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after acquiring an additional 142,763 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in ASML by 195.8% during the fourth 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. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ASML. Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a report on Monday, June 15th. Citigroup reiterated a “buy” rating on shares of ASML in a research note on Thursday, April 16th. UBS Group reissued a “buy” rating on shares of ASML in a report on Wednesday, May 20th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Four analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,772.62.

ASML Stock Up 5.6%

Shares of ASML opened at $1,989.44 on Wednesday. The firm has a market cap of $782.41 billion, a P/E ratio of 71.36, a PEG ratio of 1.43 and a beta of 1.82. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The stock’s 50 day moving average is $1,648.51 and its two-hundred day moving average is $1,437.89. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion during the quarter. Analysts predict that ASML Holding N.V. will post 36.69 earnings per share for the current fiscal year.

ASML 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.