Golden State Equity Partners Buys 56 Shares of ASML Holding N.V. (NASDAQ:ASML)

Golden State Equity Partners boosted its stake in ASML Holding N.V. (NASDAQ:ASML) by 5.2% in the 1st quarter, Holdings Channel reports. The firm owned 1,141 shares of the semiconductor company’s stock after acquiring an additional 56 shares during the quarter. Golden State Equity Partners’ holdings in ASML were worth $756,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Trust Co of Kansas bought a new position in ASML in the 1st quarter worth about $2,969,000. Mill Capital Management LLC bought a new stake in shares of ASML during the 1st quarter valued at about $11,711,000. Archford Capital Strategies LLC boosted its position in shares of ASML by 36.4% during the 1st quarter. Archford Capital Strategies LLC now owns 2,944 shares of the semiconductor company’s stock valued at $1,951,000 after acquiring an additional 785 shares during the last quarter. Moran Wealth Management LLC boosted its position in shares of ASML by 0.8% during the 1st quarter. Moran Wealth Management LLC now owns 5,617 shares of the semiconductor company’s stock valued at $3,722,000 after acquiring an additional 45 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of ASML by 15.1% during the 1st quarter. International Assets Investment Management LLC now owns 1,060 shares of the semiconductor company’s stock valued at $702,000 after acquiring an additional 139 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their price target on ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Sanford C. Bernstein initiated coverage on ASML in a research report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 price target for the company. Susquehanna dropped their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research report on Thursday, April 17th. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Monday, May 19th. Finally, Barclays restated an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $913.80.

ASML Stock Performance

NASDAQ:ASML opened at $815.24 on Thursday. The business has a 50 day moving average of $729.15 and a 200 day moving average of $718.87. The company has a market capitalization of $320.73 billion, a price-to-earnings ratio of 34.35, a PEG ratio of 1.58 and a beta of 1.74. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91.

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 analysts’ consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. On average, sell-side analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal 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.