350 Shares in ASML Holding N.V. $ASML Acquired by Petix & Botte Co

Petix & Botte Co purchased a new position in ASML Holding N.V. (NASDAQ:ASML) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 350 shares of the semiconductor company’s stock, valued at approximately $462,000.

Other large investors also recently bought and sold shares of the company. Cornerstone Financial Management LLC acquired a new stake in ASML during the 4th quarter valued at $26,000. Binnacle Investments Inc lifted its holdings in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares in the last quarter. Resources Management Corp CT ADV boosted its position in ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 23 shares during the last quarter. North Star Investment Management Corp. grew its stake in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc acquired a new stake in shares of ASML during the fourth quarter valued at about $30,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein raised its price target on ASML and kept an Outperform rating, reinforcing the view that the company remains a long-term winner in advanced chip equipment demand.
• Positive Sentiment: Multiple recent articles argue ASML’s specialized lithography machines make it an essential supplier to AI chip makers, and that pullbacks tied to sector volatility may create buying opportunities. Article Title
• Positive Sentiment: ASML has also been highlighted as a potential beneficiary of renewed strength in semiconductor stocks and AI-related chip demand ahead of earnings. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful increase in actual short positioning, so this does not appear to be a major bearish catalyst.
• Neutral Sentiment: One market note said ASML may beat earnings, but warned that a good report may not be enough to justify the stock’s valuation if guidance or broader chip demand disappoints. Article Title
• Negative Sentiment: Analysts and commentators continue to flag ASML’s lofty valuation, China export curbs, and rising competition as reasons to be cautious heading into results. Article Title
• Negative Sentiment: Recent semiconductor market swings and event-driven selling in Asian chip stocks have added volatility to the group, which can pressure ASML even when its long-term fundamentals remain strong.

ASML Stock Down 0.4%

ASML stock traded down $6.93 during midday trading on Friday, hitting $1,797.32. The stock had a trading volume of 1,216,618 shares, compared to its average volume of 1,960,671. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The stock has a market cap of $706.85 billion, a P/E ratio of 64.47, a P/E/G ratio of 1.37 and a beta of 1.78. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The business has a fifty day moving average price of $1,705.68 and a 200 day moving average price of $1,475.73.

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

Analysts Set New Price Targets

ASML has been the topic of several recent analyst reports. Susquehanna reiterated a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Citigroup restated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Weiss Ratings cut ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Finally, JPMorgan Chase & Co. lifted their price target on shares of 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 equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,854.12.

About ASML

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.