Montag A & Associates Inc. Acquires 2,173 Shares of ASML Holding N.V. $ASML

Montag A & Associates Inc. raised its holdings in ASML Holding N.V. (NASDAQ:ASML) by 122.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 3,942 shares of the semiconductor company’s stock after acquiring an additional 2,173 shares during the period. Montag A & Associates Inc.’s holdings in ASML were worth $5,207,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Cornerstone Financial Management LLC bought a new stake in ASML during the 4th quarter valued at $26,000. Binnacle Investments Inc boosted its holdings in shares of ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares during the period. Resources Management Corp CT ADV raised its stake in shares of ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 23 shares during the period. North Star Investment Management Corp. lifted its holdings in ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc bought a new position in ASML in the 4th quarter worth about $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Down 4.3%

Shares of ASML opened at $1,747.28 on Wednesday. The firm’s 50 day simple moving average is $1,682.50 and its 200 day simple moving average is $1,463.04. The company has a market capitalization of $687.17 billion, a P/E ratio of 62.67, a P/E/G ratio of 1.39 and a beta of 1.78. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,999.96. 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 (NASDAQ:ASML) last posted its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion for the quarter. Sell-side analysts forecast that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ASML shares. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Barclays reaffirmed a “buy” rating on shares of ASML in a report on Monday, June 29th. Citigroup reiterated a “buy” rating on shares of ASML in a research note on Thursday, April 16th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, May 8th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,854.12.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein and other analysts argued the market is underestimating ASML’s earnings power and lifted price targets, citing strong demand for EUV and High-NA systems. Bernstein Says the Street Is Badly Wrong on ASML
• Positive Sentiment: SK hynix’s planned spending on ASML’s EUV systems underscores persistent demand from major chipmakers investing in next-generation manufacturing tools. SK Hynix plans to spend 11.9T won to acquire ASML’s EUV systems
• Positive Sentiment: ASML continued share repurchases under its buyback program, signaling management confidence and adding support for the stock. ASML reports transactions under its current share buyback program
• Neutral Sentiment: Wall Street analyst coverage remains broadly favorable, but the latest “good investment” articles largely repackage existing consensus rather than revealing a new catalyst. Wall Street Analysts Think ASML (ASML) Is a Good Investment: Is It?
• Negative Sentiment: Geopolitical headlines around Dutch export curbs to China remain an overhang, creating policy risk for future sales and shipments. Dutch trade minister heads to China as Nexperia dispute and ASML curbs loom

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.