Private Advisor Group LLC Raises Stake in ASML Holding N.V. $ASML

Private Advisor Group LLC raised its holdings in ASML Holding N.V. (NASDAQ:ASML) by 8.8% during the first quarter, HoldingsChannel reports. The firm owned 9,258 shares of the semiconductor company’s stock after buying an additional 752 shares during the period. Private Advisor Group LLC’s holdings in ASML were worth $12,229,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Y Intercept Hong Kong Ltd acquired a new stake in ASML during the 1st quarter worth approximately $1,808,000. Elevation Point Wealth Partners LLC raised its stake in shares of ASML by 413.5% during the first quarter. Elevation Point Wealth Partners LLC now owns 5,176 shares of the semiconductor company’s stock worth $6,838,000 after purchasing an additional 4,168 shares during the last quarter. Platform Technology Partners acquired a new stake in shares of ASML during the first quarter worth $231,000. DSG Capital Advisors LLC purchased a new position in ASML in the 1st quarter valued at $300,000. Finally, Sound Income Strategies LLC grew its position in ASML by 36.8% in the 1st quarter. Sound Income Strategies LLC now owns 212 shares of the semiconductor company’s stock valued at $288,000 after buying an additional 57 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,769.32 on Friday. The firm has a market capitalization of $695.84 billion, a price-to-earnings ratio of 63.46, a price-to-earnings-growth ratio of 1.34 and a beta of 1.78. 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 business’s 50 day simple moving average is $1,668.56 and its 200-day simple moving average is $1,450.06. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (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%. As a group, equities analysts forecast that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ASML. Freedom Capital raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Wednesday. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Wells Fargo & Company increased their price target on shares of ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Finally, JPMorgan Chase & Co. raised their price objective on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Four investment 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 stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,772.62.

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.