Vantage Investment Partners LLC Decreases Stake in ASML Holding N.V. $ASML

Vantage Investment Partners LLC cut its holdings in ASML Holding N.V. (NASDAQ:ASML) by 34.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 34,704 shares of the semiconductor company’s stock after selling 18,267 shares during the quarter. ASML comprises approximately 3.2% of Vantage Investment Partners LLC’s portfolio, making the stock its 10th largest holding. Vantage Investment Partners LLC’s holdings in ASML were worth $45,838,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Gradient Investments LLC lifted its position in shares of ASML by 424.3% during the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after purchasing an additional 11,644 shares in the last quarter. Bingham Private Wealth LLC bought a new position in ASML in the 4th quarter worth approximately $1,444,000. Cambridge Investment Research Advisors Inc. raised its position in ASML by 3.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after purchasing an additional 760 shares during the last quarter. Ervin Investment Management LLC lifted its holdings in ASML by 1,236.4% during the 4th quarter. Ervin Investment Management LLC now owns 33,037 shares of the semiconductor company’s stock worth $35,000 after buying an additional 30,565 shares in the last quarter. Finally, Keybank National Association OH boosted its position in ASML by 21.3% in the 4th quarter. Keybank National Association OH now owns 65,354 shares of the semiconductor company’s stock valued at $69,920,000 after buying an additional 11,459 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Trading Down 0.4%

Shares of NASDAQ:ASML traded down $6.93 during midday trading on Friday, hitting $1,797.32. The company had a trading volume of 1,216,618 shares, compared to its average volume of 1,960,671. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The firm has a fifty day simple moving average of $1,705.68 and a 200 day simple moving average of $1,475.73. The stock has a market cap of $706.85 billion, a price-to-earnings ratio of 64.47, a PEG ratio of 1.36 and a beta of 1.78.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion during the quarter. On average, analysts predict that ASML Holding N.V. will post 36.62 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ASML shares. Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Morningstar cut ASML to a “sell” rating in a report on Wednesday, May 27th. Citigroup restated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, Bank of America lifted their price target on shares of ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,854.12.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein raised its price target on ASML and kept an Outperform rating, reinforcing the view that the company remains a long-term winner in advanced chip equipment demand.
• Positive Sentiment: Multiple recent articles argue ASML’s specialized lithography machines make it an essential supplier to AI chip makers, and that pullbacks tied to sector volatility may create buying opportunities. Article Title
• Positive Sentiment: ASML has also been highlighted as a potential beneficiary of renewed strength in semiconductor stocks and AI-related chip demand ahead of earnings. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful increase in actual short positioning, so this does not appear to be a major bearish catalyst.
• Neutral Sentiment: One market note said ASML may beat earnings, but warned that a good report may not be enough to justify the stock’s valuation if guidance or broader chip demand disappoints. Article Title
• Negative Sentiment: Analysts and commentators continue to flag ASML’s lofty valuation, China export curbs, and rising competition as reasons to be cautious heading into results. Article Title
• Negative Sentiment: Recent semiconductor market swings and event-driven selling in Asian chip stocks have added volatility to the group, which can pressure ASML even when its long-term fundamentals remain strong.

About ASML

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.