Profund Advisors LLC Has $8.56 Million Stock Holdings in ASML Holding N.V. $ASML

Profund Advisors LLC grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 16.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,005 shares of the semiconductor company’s stock after purchasing an additional 1,110 shares during the quarter. Profund Advisors LLC’s holdings in ASML were worth $8,564,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in ASML. Capstone Wealth Management Group LLC grew its stake in shares of ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after buying an additional 124 shares in the last quarter. AQR Capital Management LLC increased its holdings in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after buying an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in ASML by 153.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after acquiring an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in ASML by 1.3% in the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after acquiring an additional 15 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in ASML by 5.2% in the second quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after acquiring an additional 559 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Trading Down 2.0%

Shares of ASML stock opened at $1,472.39 on Tuesday. The firm has a 50 day moving average price of $1,416.86 and a two-hundred day moving average price of $1,285.48. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $579.06 billion, a PE ratio of 52.81, a price-to-earnings-growth ratio of 1.23 and a beta of 1.81. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,603.49.

ASML (NASDAQ:ASML) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The company had revenue of $10.15 billion for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. As a group, analysts predict that ASML Holding N.V. will post 37.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ASML shares. DZ Bank restated a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Royal Bank Of Canada raised their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a report on Friday. Susquehanna reissued a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Finally, Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus target price of $1,504.38.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML announced a partnership with Tata Electronics tied to India’s $11 billion Dholera 300mm fab, expanding ASML’s footprint in a major new semiconductor market and creating a potential pipeline for future DUV-to-EUV tool sales. ASML Expands Globally, Joins Tata for India Semiconductor Hub
• Positive Sentiment: ASML reported transactions under its current share buyback program, which signals continued capital return to shareholders and can help cushion the stock. ASML reports transactions under its current share buyback program
• Neutral Sentiment: A Zacks piece highlighted Wall Street’s generally bullish view on ASML, but it did not include a new rating change or fresh earnings update, so it is unlikely to be a major near-term stock driver. Is It Worth Investing in ASML Based on Wall Street’s Bullish Views?

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.