Equitable Trust Co. increased its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 2.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,386 shares of the semiconductor company’s stock after acquiring an additional 296 shares during the quarter. ASML makes up about 0.9% of Equitable Trust Co.’s investment portfolio, making the stock its 23rd largest position. Equitable Trust Co.’s holdings in ASML were worth $20,322,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cornerstone Financial Management LLC purchased a new stake in ASML during the fourth quarter worth $26,000. Binnacle Investments Inc boosted its position in 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 in the last quarter. Resources Management Corp CT ADV increased its holdings in shares of ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares during the period. North Star Investment Management Corp. increased its holdings in shares of ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares during the period. Finally, Jessup Wealth Management Inc bought a new position in shares of ASML in the 4th quarter worth $30,000. 26.07% of the stock is currently owned by institutional investors.
ASML Stock Performance
Shares of ASML opened at $1,804.25 on Friday. 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 market cap of $709.58 billion, a PE ratio of 64.71, a P/E/G ratio of 1.34 and a beta of 1.78. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The stock has a fifty day moving average price of $1,697.62 and a 200-day moving average price of $1,473.46.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, May 8th. Royal Bank Of Canada increased their price target on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Barclays restated a “buy” rating on shares of ASML in a report on Monday, June 29th. Finally, Weiss Ratings downgraded shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,854.12.
Read Our Latest Research Report on ASML
Key Stories Impacting ASML
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Bernstein sharply raised its price target on ASML and kept an Outperform rating, signaling confidence that the company’s exposure to advanced chip equipment demand remains strong. Bernstein Raises its Price Target on ASML Holding (ASML)
- Positive Sentiment: Jefferies also reiterated a Buy rating and lifted its target, citing a constructive semiconductor outlook and expectations for continued spending on AI-related chip manufacturing tools. ASML Holding N.V. (ASML) Price Target Raised by Jefferies on Strong Semiconductor Outlook
- Positive Sentiment: Recent coverage highlighted that rising demand for advanced chips could help ASML beat quarterly expectations and issue solid guidance, reinforcing the bullish case ahead of earnings. Should You Buy ASML Holding Stock Before July 15?
- Neutral Sentiment: Some articles noted recent volatility and debate over valuation, including questions about whether ASML is overvalued after analyst-driven swings, but these reports did not materially change the broader bullish tone. ASML Holding (ENXTAM:ASML) Swings On Analyst Sentiment, Is It 17% Overvalued?
- Negative Sentiment: One report pointed to a sharp pullback tied to market-wide margin pressure and risk-off trading, though analysts argued the decline may have created a buying opportunity rather than reflecting a deterioration in fundamentals. A Market Panic Just Discounted the AI Highway’s Tollbooth
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.
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