Riverwater Partners LLC Invests $376,000 in ASML Holding N.V. $ASML

Riverwater Partners LLC acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 388 shares of the semiconductor company’s stock, valued at approximately $376,000.

A number of other institutional investors also recently bought and sold shares of ASML. HBK Sorce Advisory LLC increased its position in ASML by 1.0% in the third quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock worth $1,067,000 after buying an additional 10 shares in the last quarter. Albion Financial Group UT grew its stake in shares of ASML by 27.8% during the 3rd quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock valued at $45,000 after acquiring an additional 10 shares during the period. Global Assets Advisory LLC increased its holdings in ASML by 2.3% in the 3rd quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock worth $438,000 after acquiring an additional 10 shares in the last quarter. Western Pacific Wealth Management LP raised its stake in ASML by 4.9% during the 3rd quarter. Western Pacific Wealth Management LP now owns 235 shares of the semiconductor company’s stock worth $228,000 after acquiring an additional 11 shares during the period. Finally, Wealth Quarterback LLC lifted its holdings in ASML by 0.8% during the third quarter. Wealth Quarterback LLC now owns 1,527 shares of the semiconductor company’s stock valued at $1,478,000 after purchasing an additional 12 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Trading Up 1.8%

Shares of ASML stock opened at $1,413.35 on Tuesday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $555.84 billion, a price-to-earnings ratio of 57.52, a price-to-earnings-growth ratio of 1.87 and a beta of 1.86. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,419.95. The stock’s 50-day moving average price is $1,143.38 and its 200-day moving average price is $968.28.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ASML. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Wednesday, December 10th. DZ Bank reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, October 15th. Evercore ISI restated an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Finally, Citigroup reissued a “buy” rating on shares of ASML in a research note on Tuesday, January 20th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $1,407.00.

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.