ASML Holding N.V. $ASML Shares Sold by Biondo Investment Advisors LLC

Biondo Investment Advisors LLC lessened its holdings in ASML Holding N.V. (NASDAQ:ASML) by 3.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,451 shares of the semiconductor company’s stock after selling 386 shares during the quarter. ASML comprises approximately 1.6% of Biondo Investment Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Biondo Investment Advisors LLC’s holdings in ASML were worth $13,321,000 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 ASML. Arrowstreet Capital Limited Partnership boosted its position in ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after buying an additional 1,022,532 shares during the period. Capital International Investors boosted its position in ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares during the period. Alliancebernstein L.P. boosted its position in ASML by 75.6% in the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after buying an additional 340,518 shares during the period. Van ECK Associates Corp boosted its position in ASML by 16.6% in the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after buying an additional 305,435 shares during the period. Finally, BlueSpruce Investments LP boosted its position in ASML by 18,861.1% in the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock valued at $237,160,000 after buying an additional 243,685 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the subject of several recent research reports. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, June 1st. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a research report on Thursday. Royal Bank Of Canada raised 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. Susquehanna reissued a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Finally, Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 4th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,589.63.

ASML News Roundup

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

ASML Price Performance

ASML stock opened at $1,863.55 on Friday. The stock has a market cap of $732.90 billion, a P/E ratio of 66.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.82. The company has a fifty day simple moving average of $1,539.82 and a 200-day simple moving average of $1,369.29. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,903.50. 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 (NASDAQ:ASML) last released its quarterly earnings data 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%. Equities analysts expect that ASML Holding N.V. will post 36.86 EPS for the current fiscal year.

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.