Frank Rimerman Advisors LLC Buys 376 Shares of ASML Holding N.V. $ASML

Frank Rimerman Advisors LLC grew its stake in ASML Holding N.V. (NASDAQ:ASML) by 9.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,442 shares of the semiconductor company’s stock after purchasing an additional 376 shares during the period. Frank Rimerman Advisors LLC’s holdings in ASML were worth $5,867,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership raised its stake in shares of ASML by 195.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after purchasing an additional 1,022,532 shares in the last quarter. Alliancebernstein L.P. boosted its stake in ASML by 75.6% during the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after buying an additional 340,518 shares in the last quarter. BlueSpruce Investments LP boosted its stake in ASML by 18,861.1% during the third quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock worth $237,160,000 after buying an additional 243,685 shares in the last quarter. Wellington Management Group LLP increased its holdings in ASML by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 1,157,324 shares of the semiconductor company’s stock valued at $1,120,394,000 after buying an additional 232,960 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its holdings in ASML by 14.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after buying an additional 193,068 shares during the period. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of a number of analyst reports. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, May 8th. Weiss Ratings lowered shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. Sanford C. Bernstein increased their price target on shares of ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Morningstar cut shares of ASML to a “sell” rating in a research note on Wednesday, May 27th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,854.12.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Jefferies reiterated a Buy rating on ASML and raised its price target to €1,560 from €1,260, citing a strong semiconductor outlook and the company’s key role in the AI chip supply chain. ASML Holding N.V. (ASML) Price Target Raised by Jefferies on Strong Semiconductor Outlook
• Positive Sentiment: Multiple reports say advanced-chip demand remains very strong, which could help ASML post better-than-expected quarterly results and guidance when it reports earnings on July 15. Should You Buy ASML Holding Stock Before July 15?
• Positive Sentiment: Analysts continue to point to ASML’s monopoly-like position in EUV lithography and a large, multi-year semiconductor capex cycle, which supports the stock’s long-term upside despite near-term volatility. A Market Panic Just Discounted the AI Highway’s Tollbooth
• Neutral Sentiment: ASML is expected to post earnings soon, and investors are focused on bookings and order momentum because revenue can lag due to long installation and qualification timelines for its tools. ASML (ASML) Expected to Post Earnings on Wednesday
• Negative Sentiment: ASML has also been pulled lower at times by a broader chip-sector liquidation tied to a KOSPI-driven margin cascade, which has pressured semiconductor names regardless of their individual fundamentals. The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity

ASML Trading Up 1.2%

Shares of ASML stock opened at $1,768.65 on Thursday. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,999.96. The company has a market capitalization of $695.57 billion, a P/E ratio of 63.44, a P/E/G ratio of 1.33 and a beta of 1.78. The firm has a 50-day moving average price of $1,689.22 and a 200 day moving average price of $1,468.20. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13.

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