ASML Holding N.V. $ASML Holdings Raised by Marietta Investment Partners LLC

Marietta Investment Partners LLC grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 7.0% in the 4th quarter, HoldingsChannel reports. The firm owned 4,840 shares of the semiconductor company’s stock after acquiring an additional 318 shares during the quarter. ASML makes up about 1.0% of Marietta Investment Partners LLC’s portfolio, making the stock its 29th biggest position. Marietta Investment Partners LLC’s holdings in ASML were worth $5,178,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Family Capital Management Inc. lifted its holdings in shares of ASML by 0.8% during the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after purchasing an additional 7 shares during the last quarter. 44 Wealth Management LLC lifted its holdings in shares of ASML by 1.1% during the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock valued at $703,000 after purchasing an additional 7 shares during the last quarter. Sky Investment Group LLC lifted its holdings in shares of ASML by 2.1% during the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after purchasing an additional 8 shares during the last quarter. White Lighthouse Investment Management Inc. lifted its holdings in shares of ASML by 2.2% during the fourth quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock valued at $390,000 after purchasing an additional 8 shares during the last quarter. Finally, Main Management ETF Advisors LLC lifted its holdings in shares of ASML by 1.0% during the fourth quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company’s stock valued at $838,000 after purchasing an additional 8 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 1.2%

NASDAQ:ASML opened at $1,726.36 on Thursday. The firm has a market capitalization of $678.94 billion, a price-to-earnings ratio of 61.92, a PEG ratio of 1.40 and a beta of 1.82. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,743.27. 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 business’s fifty day moving average price is $1,478.55 and its 200 day moving average price is $1,333.83.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion for the quarter. On average, sell-side analysts forecast that ASML Holding N.V. will post 37.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on ASML. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday. Morningstar lowered ASML to a “sell” rating in a research report on Wednesday, May 27th. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Susquehanna reissued a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Finally, DZ Bank reissued a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,589.63.

ASML 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.