Spinnaker Trust Grows Stock Position in ASML Holding N.V. $ASML

Spinnaker Trust increased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 7.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,823 shares of the semiconductor company’s stock after purchasing an additional 558 shares during the quarter. Spinnaker Trust’s holdings in ASML were worth $8,370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. Capital International Investors boosted its position in ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after acquiring an additional 577,448 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in ASML during the 3rd quarter valued at approximately $505,510,000. Regents of The University of California bought a new stake in ASML during the 3rd quarter valued at approximately $413,335,000. WCM Investment Management LLC boosted its position in ASML by 24.9% during the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after acquiring an additional 385,502 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of ASML by 75.6% during the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after purchasing an additional 340,518 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ASML. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, May 13th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a report on Friday, May 15th. Susquehanna reiterated a “positive” rating on shares of ASML in a report on Thursday, April 9th. Finally, Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Three 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. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $1,504.38.

ASML Price Performance

Shares of ASML opened at $1,628.57 on Tuesday. The firm has a market cap of $640.48 billion, a PE ratio of 58.41, a P/E/G ratio of 1.32 and a beta of 1.82. 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 firm has a fifty day simple moving average of $1,463.66 and a two-hundred day simple moving average of $1,324.15. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,654.20.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The firm had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. On average, equities analysts anticipate that ASML Holding N.V. will post 37.1 EPS for the current year.

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.