Geode Capital Management LLC Raises Holdings in ASML Holding N.V. $ASML

Geode Capital Management LLC grew its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 73,431 shares of the semiconductor company’s stock after purchasing an additional 917 shares during the quarter. Geode Capital Management LLC’s holdings in ASML were worth $78,561,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in ASML. Capital International Investors boosted its stake in shares of ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after buying an additional 577,448 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of ASML during the third quarter worth about $505,510,000. Regents of The University of California acquired a new stake in shares of ASML during the third quarter worth about $413,335,000. Alliancebernstein L.P. boosted its stake in shares of ASML by 75.6% during the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after buying an additional 340,518 shares during the period. Finally, Van ECK Associates Corp boosted its stake in shares of ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after buying an additional 305,435 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of several recent research reports. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Wednesday, May 13th. Morningstar downgraded shares of ASML to a “sell” rating in a research report on Wednesday, May 27th. Susquehanna restated a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Finally, Royal Bank Of Canada raised their price objective 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. Four investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,589.63.

ASML Price Performance

ASML stock opened at $1,641.74 on Monday. The firm has a 50 day moving average of $1,490.67 and a 200-day moving average of $1,343.49. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,779.29. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The company has a market cap of $645.66 billion, a price-to-earnings ratio of 58.89, a PEG ratio of 1.31 and a beta of 1.82.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion during the quarter. As a group, equities analysts expect that ASML Holding N.V. will post 36.93 EPS for the current fiscal year.

ASML 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.