ASML Holding N.V. $ASML is Van ECK Associates Corp’s 10th Largest Position

Van ECK Associates Corp decreased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 6.1% in the 4th quarter, HoldingsChannel reports. The firm owned 2,017,883 shares of the semiconductor company’s stock after selling 130,623 shares during the quarter. ASML makes up 1.8% of Van ECK Associates Corp’s holdings, making the stock its 10th biggest holding. Van ECK Associates Corp’s holdings in ASML were worth $2,158,853,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in ASML. Capstone Wealth Management Group LLC lifted its stake in ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after acquiring an additional 124 shares during the last quarter. AQR Capital Management LLC lifted its stake in ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after acquiring an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake 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 acquiring an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC lifted its stake 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 acquiring an additional 15 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in ASML by 5.2% in the second quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after acquiring an additional 559 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,863.55 on Friday. The firm’s fifty day simple moving average is $1,539.82 and its 200-day simple moving average is $1,369.29. The stock has a market capitalization of $732.90 billion, a price-to-earnings ratio of 66.84, a PEG ratio of 1.52 and a beta of 1.82. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,903.50. 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 announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The business 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%. As a group, equities analysts forecast that ASML Holding N.V. will post 36.93 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on ASML. DZ Bank reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, Susquehanna restated a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,589.63.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

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.