Equitable Trust Co. Purchases 296 Shares of ASML Holding N.V. $ASML

Equitable Trust Co. increased its holdings in ASML Holding N.V. (NASDAQ:ASMLFree 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.

ASML (NASDAQ:ASMLGet Free Report) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) 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. Equities research analysts predict that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal year.

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

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ASML Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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