ASML Holding (NASDAQ:ASML) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its position in shares of ASML Holding (NASDAQ:ASML) by 17.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,033 shares of the semiconductor company’s stock after purchasing an additional 603 shares during the quarter. Farther Finance Advisors LLC’s holdings in ASML were worth $2,692,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Capital Investment Advisors LLC increased its stake in shares of ASML by 1,988.9% in the 1st quarter. Capital Investment Advisors LLC now owns 34,697 shares of the semiconductor company’s stock worth $22,991,000 after acquiring an additional 33,036 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in ASML by 5.4% during the 1st quarter. Park Avenue Securities LLC now owns 11,311 shares of the semiconductor company’s stock valued at $7,495,000 after acquiring an additional 577 shares during the period. Professional Advisory Services Inc. acquired a new stake in ASML in the 1st quarter valued at about $6,340,000. Bank of New Hampshire raised its position in shares of ASML by 2.9% during the 1st quarter. Bank of New Hampshire now owns 1,181 shares of the semiconductor company’s stock worth $783,000 after acquiring an additional 33 shares in the last quarter. Finally, Yarbrough Capital LLC raised its position in shares of ASML by 38.2% during the 1st quarter. Yarbrough Capital LLC now owns 6,082 shares of the semiconductor company’s stock worth $4,030,000 after acquiring an additional 1,681 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the topic of several research analyst reports. Citigroup reaffirmed a “buy” rating on shares of ASML in a research report on Monday, May 19th. Barclays reissued an “equal weight” rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna decreased their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research note on Thursday, April 17th. Finally, Wells Fargo & Company decreased their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $906.00.

ASML Stock Performance

NASDAQ ASML opened at $784.97 on Wednesday. The business’s 50-day moving average price is $699.98 and its 200 day moving average price is $712.75. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The company has a market capitalization of $308.82 billion, a PE ratio of 37.74, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. On average, research analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.