Tensor Edge Capital LLC Buys 7,564 Shares of ASML Holding N.V. $ASML

Tensor Edge Capital LLC lifted its position in ASML Holding N.V. (NASDAQ:ASML) by 49.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,014 shares of the semiconductor company’s stock after acquiring an additional 7,564 shares during the period. ASML comprises approximately 5.2% of Tensor Edge Capital LLC’s holdings, making the stock its 10th largest position. Tensor Edge Capital LLC’s holdings in ASML were worth $30,398,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Burford Brothers Inc. lifted its holdings in shares of ASML by 6.1% in the first quarter. Burford Brothers Inc. now owns 1,191 shares of the semiconductor company’s stock valued at $1,573,000 after purchasing an additional 68 shares in the last quarter. Moran Wealth Management LLC grew its holdings in shares of ASML by 0.6% during the first quarter. Moran Wealth Management LLC now owns 5,220 shares of the semiconductor company’s stock valued at $6,895,000 after buying an additional 31 shares in the last quarter. Consolidated Portfolio Review Corp grew its holdings in shares of ASML by 48.9% during the first quarter. Consolidated Portfolio Review Corp now owns 4,505 shares of the semiconductor company’s stock valued at $5,950,000 after buying an additional 1,480 shares in the last quarter. World Investment Advisors raised its position in ASML by 12.8% during the first quarter. World Investment Advisors now owns 4,033 shares of the semiconductor company’s stock valued at $5,327,000 after buying an additional 459 shares during the period. Finally, Carter Financial Group INC. raised its position in ASML by 64.6% during the first quarter. Carter Financial Group INC. now owns 311 shares of the semiconductor company’s stock valued at $411,000 after buying an additional 122 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research reports. Wells Fargo & Company raised their price objective on ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Bank of America upped their target price on ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Citigroup reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a report on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,772.62.

ASML Price Performance

ASML opened at $1,769.32 on Friday. The company has a market capitalization of $695.84 billion, a PE ratio of 63.46, a price-to-earnings-growth ratio of 1.34 and a beta of 1.78. 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 fifty-two week low of $683.48 and a fifty-two week high of $1,999.96. The business has a 50-day moving average of $1,668.56 and a 200-day moving average of $1,450.06.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Equities research analysts forecast that ASML Holding N.V. will post 36.62 EPS for the current fiscal 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.