Nicholas Investment Partners LP Purchases 347 Shares of ASML Holding N.V. $ASML

Nicholas Investment Partners LP increased its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 22.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,878 shares of the semiconductor company’s stock after purchasing an additional 347 shares during the period. Nicholas Investment Partners LP’s holdings in ASML were worth $2,009,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Family Capital Management Inc. raised its position in shares of ASML by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after purchasing an additional 7 shares during the period. 44 Wealth Management LLC increased its holdings in ASML by 1.1% in the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock valued at $703,000 after acquiring an additional 7 shares during the last quarter. Sky Investment Group LLC increased its holdings in ASML by 2.1% in the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after acquiring an additional 8 shares during the last quarter. White Lighthouse Investment Management Inc. increased its holdings in ASML by 2.2% in the 4th quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock valued at $390,000 after acquiring an additional 8 shares during the last quarter. Finally, Main Management ETF Advisors LLC increased its holdings in ASML by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company’s stock valued at $838,000 after acquiring an additional 8 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML News Summary

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ASML. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Friday, May 8th. Morningstar downgraded shares of ASML to a “sell” rating in a report on Wednesday, May 27th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Wells Fargo & Company reiterated an “overweight” rating and issued a $1,750.00 price target on shares of ASML in a report on Thursday, April 16th. Finally, Royal Bank Of Canada boosted their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $1,589.63.

ASML Price Performance

ASML stock opened at $1,863.55 on Friday. The stock has a market cap of $732.90 billion, a price-to-earnings ratio of 66.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.82. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,903.50. The firm has a 50-day moving average of $1,539.82 and a two-hundred day moving average of $1,369.29.

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 company 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, research analysts forecast that ASML Holding N.V. will post 36.86 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.