United Asset Strategies Inc. Reduces Stake in ASML Holding N.V. $ASML

United Asset Strategies Inc. cut its stake in ASML Holding N.V. (NASDAQ:ASML) by 3.4% in the first quarter, Holdings Channel reports. The fund owned 16,514 shares of the semiconductor company’s stock after selling 587 shares during the period. ASML accounts for about 1.7% of United Asset Strategies Inc.’s portfolio, making the stock its 12th largest holding. United Asset Strategies Inc.’s holdings in ASML were worth $21,813,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of ASML. Gradient Investments LLC increased its stake in ASML by 424.3% during the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after acquiring an additional 11,644 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its stake in shares of ASML by 314.0% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock valued at $23,841,000 after purchasing an additional 18,677 shares during the last quarter. Bingham Private Wealth LLC purchased a new position in shares of ASML during the 4th quarter worth $1,444,000. Cambridge Investment Research Advisors Inc. raised its holdings in ASML by 3.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock valued at $24,036,000 after buying an additional 760 shares during the period. Finally, Ervin Investment Management LLC raised its holdings in ASML by 1,236.4% in the 4th quarter. Ervin Investment Management LLC now owns 33,037 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 30,565 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML News Roundup

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein reportedly argued that the market is underestimating ASML’s outlook, and another report said the stock rose more than 5% as the firm sees room for further gains after a very strong run this year. Bernstein Says the Street Is Badly Wrong on ASML
• Positive Sentiment: Susquehanna reiterated a Positive rating and raised its price target, reinforcing the bullish analyst tone around ASML’s order backlog and AI-driven demand. ASML Holding NV (ASML) A Top AI Stock to Buy on Soaring Order Backlog and Wafer Market Expansion
• Positive Sentiment: SK Hynix’s planned spending and Nasdaq listing are expected to support advanced equipment purchases, including ASML EUV systems, which highlights continued demand for ASML’s technology. SK Hynix plans to spend 11.9T won to acquire ASML’s EUV systems
• Positive Sentiment: ASML’s share buyback activity signals ongoing capital return to shareholders and can help support the stock. ASML reports transactions under its current share buyback program
• Neutral Sentiment: Wall Street analyst coverage remains generally constructive, but the Zacks article mainly reinforces existing sentiment rather than adding a major new catalyst. Wall Street Analysts Think ASML (ASML) Is a Good Investment: Is It?
• Neutral Sentiment: Broader chip-sector strength, including headlines around SK Hynix’s large Nasdaq listing, is helping sentiment across semiconductors and may indirectly lift ASML. SK hynix to launch $28bn Nasdaq listing amid global AI chip demand
• Negative Sentiment: Reports that Dutch trade officials are heading to China amid concerns over Nexperia and possible ASML export curbs could create regulatory and geopolitical risk for the company. Dutch trade minister heads to China as Nexperia dispute and ASML curbs loom

ASML Stock Down 5.0%

Shares of ASML stock traded down $91.54 during trading hours on Tuesday, reaching $1,733.53. 850,405 shares of the company were exchanged, compared to its average volume of 1,885,609. The firm has a market cap of $681.76 billion, a PE ratio of 62.28, a PEG ratio of 1.34 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,999.96. The stock’s fifty day moving average is $1,668.56 and its 200 day moving average is $1,452.61.

ASML (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion during the quarter. As a group, equities research analysts forecast that ASML Holding N.V. will post 36.62 earnings per share for the current year.

Analysts Set New Price Targets

ASML has been the subject of several research analyst reports. Wells Fargo & Company increased their target price on shares of ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. Morningstar lowered shares of ASML to a “sell” rating in a report on Wednesday, May 27th. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Finally, JPMorgan Chase & Co. increased their target price on ASML from $1,813.00 to $2,200.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Three analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $1,854.12.

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.