ASML Holding N.V. $ASML Stock Position Cut by Midwest Trust Co

Midwest Trust Co decreased its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 11.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 20,948 shares of the semiconductor company’s stock after selling 2,751 shares during the period. Midwest Trust Co’s holdings in ASML were worth $27,669,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

ASML has been the topic of several research analyst reports. Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Morgan Stanley restated an “overweight” rating on shares of ASML in a report on Tuesday. UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. Barclays reaffirmed a “buy” rating on shares of ASML in a report on Monday, June 29th. Finally, Royal Bank Of Canada boosted their price target on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,854.12.

ASML Price Performance

NASDAQ:ASML traded down $6.93 during trading hours on Friday, reaching $1,797.32. 1,216,618 shares of the company’s stock were exchanged, compared to its average volume of 1,960,671. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $706.85 billion, a P/E ratio of 64.47, a price-to-earnings-growth ratio of 1.36 and a beta of 1.78. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The business’s 50-day simple moving average is $1,705.68 and its two-hundred day simple moving average is $1,475.73.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion for the quarter. Sell-side analysts expect that ASML Holding N.V. will post 36.62 EPS for the current fiscal year.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein raised its price target on ASML and kept an Outperform rating, reinforcing the view that the company remains a long-term winner in advanced chip equipment demand.
• Positive Sentiment: Multiple recent articles argue ASML’s specialized lithography machines make it an essential supplier to AI chip makers, and that pullbacks tied to sector volatility may create buying opportunities. Article Title
• Positive Sentiment: ASML has also been highlighted as a potential beneficiary of renewed strength in semiconductor stocks and AI-related chip demand ahead of earnings. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful increase in actual short positioning, so this does not appear to be a major bearish catalyst.
• Neutral Sentiment: One market note said ASML may beat earnings, but warned that a good report may not be enough to justify the stock’s valuation if guidance or broader chip demand disappoints. Article Title
• Negative Sentiment: Analysts and commentators continue to flag ASML’s lofty valuation, China export curbs, and rising competition as reasons to be cautious heading into results. Article Title
• Negative Sentiment: Recent semiconductor market swings and event-driven selling in Asian chip stocks have added volatility to the group, which can pressure ASML even when its long-term fundamentals remain strong.

About ASML

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.