Thrivent Financial for Lutherans Buys 1,910 Shares of ASML Holding N.V. $ASML

Thrivent Financial for Lutherans grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 189.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,918 shares of the semiconductor company’s stock after buying an additional 1,910 shares during the period. Thrivent Financial for Lutherans’ holdings in ASML were worth $3,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Binnacle Investments Inc raised its position in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares during the last quarter. North Star Investment Management Corp. raised its position in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of ASML during the fourth quarter valued at approximately $32,000. JPL Wealth Management LLC bought a new stake in shares of ASML during the third quarter valued at approximately $34,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of ASML during the third quarter valued at approximately $34,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ASML shares. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research report on Wednesday, May 13th. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Barclays upgraded shares of ASML to a “buy” rating in a research report on Tuesday, May 19th. Citigroup restated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,504.38.

ASML Trading Up 2.6%

ASML stock opened at $1,632.90 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,653.53. The stock has a market capitalization of $642.19 billion, a price-to-earnings ratio of 58.57, a price-to-earnings-growth ratio of 1.34 and a beta of 1.81. The firm’s fifty day simple moving average is $1,433.13 and its two-hundred day simple moving average is $1,297.67.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The business had revenue of $10.15 billion for the quarter. As a group, analysts anticipate that ASML Holding N.V. will post 37.1 earnings per share for the current 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.