ASML Holding N.V. $ASML Shares Acquired by QRG Capital Management Inc.

QRG Capital Management Inc. increased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 15.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,254 shares of the semiconductor company’s stock after purchasing an additional 3,136 shares during the period. QRG Capital Management Inc.’s holdings in ASML were worth $30,715,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Cornerstone Financial Management LLC acquired a new stake in ASML in the 4th quarter worth about $26,000. Binnacle Investments Inc increased its stake in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the last quarter. Resources Management Corp CT ADV lifted its holdings in shares of ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 23 shares during the period. North Star Investment Management Corp. lifted its holdings in shares of ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 11 shares during the period. Finally, Jessup Wealth Management Inc acquired a new stake in shares of ASML in the fourth quarter worth approximately $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Price Performance

ASML opened at $1,769.32 on Friday. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,999.96. The firm has a 50 day moving average price of $1,668.56 and a 200 day moving average price of $1,450.06. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The company has a market cap of $695.84 billion, a PE ratio of 63.46, a price-to-earnings-growth ratio of 1.34 and a beta of 1.78.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion for the quarter. Sell-side analysts expect that ASML Holding N.V. will post 36.62 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on ASML shares. Morningstar downgraded shares of ASML to a “sell” rating in a report on Wednesday, May 27th. Wells Fargo & Company lifted their price target on shares of ASML from $1,750.00 to $2,200.00 and gave the company an “overweight” rating in a report on Monday, June 22nd. Citigroup reissued a “buy” rating on shares of ASML in a research note on Thursday, April 16th. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Finally, Royal Bank Of Canada increased their target price on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,772.62.

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.