Clough Capital Partners L P purchased a new stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 1,953 shares of the semiconductor company’s stock, valued at approximately $2,089,000.
A number of other large investors have also added to or reduced their stakes in ASML. Arrowstreet Capital Limited Partnership grew its holdings in ASML by 195.8% during 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 purchasing an additional 1,022,532 shares in the last quarter. Capital International Investors grew its holdings in ASML by 17.3% during 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 purchasing an additional 577,448 shares in the last quarter. Alliancebernstein L.P. grew its holdings in ASML by 75.6% during the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after purchasing an additional 340,518 shares in the last quarter. Van ECK Associates Corp grew its holdings in ASML by 16.6% during 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 purchasing an additional 305,435 shares in the last quarter. Finally, BlueSpruce Investments LP grew its holdings in ASML by 18,861.1% during the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock worth $237,160,000 after acquiring an additional 243,685 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.
ASML News Summary
Here are the key news stories impacting ASML this week:
- Positive Sentiment: CEO Christophe Fouquet said AI infrastructure demand remains “enormous,” and that new projects like Elon Musk’s proposed Terafab could create meaningful opportunities for ASML’s EUV systems. ASML CEO Flags Terafab Opportunity as AI Demand Stays Enormous
- Positive Sentiment: In a Bloomberg interview, Fouquet reiterated that AI data-center demand is still exceptionally strong, reinforcing the view that ASML’s advanced lithography tools remain in high demand for next-generation chip production. ASML CEO on AI Demand, Data Centers in Space and Musk’s Terafab
- Positive Sentiment: Investor attention also turned to the idea that ASML may be able to expand EUV output more than previously expected, which could lift medium-term revenue and margins and support bullish analyst targets. ASML jumps as investors refocus on EUV capacity upside and bullish analyst targets
- Positive Sentiment: Media reports that Elon Musk has engaged with ASML about EUV tools for Terafab added to the bullish narrative, since ASML remains the only supplier of these critical machines for advanced AI chipmaking. ASML (NasdaqGS:ASML) Stock Is Back In Focus As Musk Eyes Its EUV Tools
ASML Trading Up 3.5%
ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS 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 during the quarter. On average, equities analysts forecast that ASML Holding N.V. will post 36.76 earnings per share for the current year.
Analysts Set New Price Targets
ASML has been the subject of several recent analyst reports. Sanford C. Bernstein reissued a “buy” rating on shares of ASML in a report on Monday. DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Citigroup reissued a “buy” rating on shares of ASML in a report on Thursday, April 16th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a 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 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 given a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,589.63.
Get Our Latest Research Report on ASML
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.
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