First National Bank of Hutchinson Acquires Shares of 494 ASML Holding N.V. $ASML

First National Bank of Hutchinson bought a new position in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 494 shares of the semiconductor company’s stock, valued at approximately $652,000.

Several other hedge funds have also recently modified their holdings of the stock. Gradient Investments LLC boosted its stake in ASML by 424.3% during the 4th 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 during the last quarter. Bingham Private Wealth LLC purchased a new stake in shares of ASML during the fourth quarter worth $1,444,000. Cambridge Investment Research Advisors Inc. raised its position in shares of ASML by 3.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock valued at $24,036,000 after buying an additional 760 shares during the last quarter. Ervin Investment Management LLC raised its position in shares of ASML by 1,236.4% in the fourth quarter. Ervin Investment Management LLC now owns 33,037 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 30,565 shares during the last quarter. Finally, Keybank National Association OH lifted its stake in shares of ASML by 21.3% in the fourth quarter. Keybank National Association OH now owns 65,354 shares of the semiconductor company’s stock worth $69,920,000 after buying an additional 11,459 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $1,775.64 on Wednesday. The firm has a 50 day simple moving average of $1,718.08 and a 200-day simple moving average of $1,488.36. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,999.96. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The stock has a market cap of $698.32 billion, a price-to-earnings ratio of 63.69, a price-to-earnings-growth ratio of 1.31 and a beta of 1.78.

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ASML. Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Berenberg Bank reissued a “buy” rating on shares of ASML in a research note on Friday, May 8th. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Royal Bank Of Canada upped their price target on ASML from $1,700.00 to $2,000.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Sanford C. Bernstein increased their price target on ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,891.62.

Read Our Latest Stock Analysis 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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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