ASML Holding N.V. $ASML Stake Reduced by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. decreased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 12.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,265 shares of the semiconductor company’s stock after selling 7,162 shares during the period. ASML makes up 2.1% of Stock Yards Bank & Trust Co.’s portfolio, making the stock its 12th biggest holding. Stock Yards Bank & Trust Co.’s holdings in ASML were worth $67,712,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Capstone Wealth Management Group LLC raised its holdings in shares of ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC boosted its holdings in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after buying an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in ASML by 153.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after buying an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC grew its position in ASML by 1.3% in the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of ASML by 5.2% in the second quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after buying an additional 559 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on ASML shares. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Tuesday. Wall Street Zen lowered ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Morningstar downgraded ASML to a “sell” rating in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, Morgan Stanley reissued an “overweight” rating on shares of ASML in a research note on Wednesday, June 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $1,772.62.

ASML Trading Down 7.4%

ASML stock opened at $1,843.04 on Thursday. The company has a 50 day moving average price of $1,655.84 and a 200 day moving average price of $1,442.96. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,999.96. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The firm has a market capitalization of $724.83 billion, a price-to-earnings ratio of 66.11, a P/E/G ratio of 1.51 and a beta of 1.78.

ASML (NASDAQ:ASML) last announced its earnings results 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 for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Research analysts forecast that ASML Holding N.V. will post 36.62 EPS for the current 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.