ASML Holding N.V. (ASML) Stake Held by General American Investors Co. Inc.
General American Investors Co. Inc. maintained its position in shares of ASML Holding N.V. (NASDAQ:ASML) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 185,850 shares of the semiconductor company’s stock at the end of the second quarter. ASML Holding N.V. comprises about 2.5% of General American Investors Co. Inc.’s holdings, making the stock its 11th largest position. General American Investors Co. Inc.’s holdings in ASML Holding N.V. were worth $24,218,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Seven Bridges Advisors LLC increased its position in shares of ASML Holding N.V. by 10.1% in the second quarter. Seven Bridges Advisors LLC now owns 2,201 shares of the semiconductor company’s stock worth $287,000 after buying an additional 201 shares in the last quarter. Sei Investments Co. increased its position in shares of ASML Holding N.V. by 13.1% in the second quarter. Sei Investments Co. now owns 660,239 shares of the semiconductor company’s stock worth $86,034,000 after buying an additional 76,718 shares in the last quarter. American Trust Investment Advisors LLC acquired a new position in shares of ASML Holding N.V. during the second quarter worth approximately $229,000. NGAM Advisors L.P. increased its position in shares of ASML Holding N.V. by 3.8% in the second quarter. NGAM Advisors L.P. now owns 43,168 shares of the semiconductor company’s stock worth $5,625,000 after buying an additional 1,567 shares in the last quarter. Finally, Reliance Trust Co. of Delaware acquired a new position in shares of ASML Holding N.V. during the second quarter worth approximately $1,013,000. 16.78% of the stock is owned by hedge funds and other institutional investors.
Shares of ASML Holding N.V. (ASML) opened at 153.56 on Thursday. ASML Holding N.V. has a 52 week low of $98.71 and a 52 week high of $155.73. The firm has a market cap of $66.11 billion, a PE ratio of 29.55 and a beta of 1.09. The firm’s 50-day moving average price is $142.67 and its 200 day moving average price is $132.44.
ASML Holding N.V. (NASDAQ:ASML) last released its earnings results on Wednesday, July 19th. The semiconductor company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.02. ASML Holding N.V. had a return on equity of 18.48% and a net margin of 23.69%. The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period last year, the business earned $0.83 earnings per share. The firm’s revenue for the quarter was up 20.7% compared to the same quarter last year. Equities analysts anticipate that ASML Holding N.V. will post $4.93 EPS for the current year.
ASML Holding N.V. announced that its board has authorized a share repurchase program on Wednesday, July 19th that permits the company to buyback outstanding shares. This buyback authorization permits the semiconductor company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.
A number of brokerages recently commented on ASML. B. Riley reissued a “neutral” rating and issued a $162.00 price target on shares of ASML Holding N.V. in a report on Saturday, July 22nd. Royal Bank Of Canada increased their price target on ASML Holding N.V. from $135.00 to $155.00 and gave the company a “sector perform” rating in a report on Thursday, July 20th. Zacks Investment Research raised ASML Holding N.V. from a “hold” rating to a “buy” rating and set a $150.00 price target for the company in a report on Tuesday, June 27th. Bank of America Corporation reissued a “buy” rating and issued a $165.00 price target (up previously from $140.00) on shares of ASML Holding N.V. in a report on Sunday, June 25th. Finally, Citigroup Inc. raised ASML Holding N.V. from a “neutral” rating to a “buy” rating in a report on Wednesday, June 14th. Eight equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $158.00.
ASML Holding N.V. Company Profile
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
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