ASML Holding N.V. $ASML Stock Position Cut by Ellerson Group Inc. ADV

Ellerson Group Inc. ADV cut its position in ASML Holding N.V. (NASDAQ:ASML) by 9.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,173 shares of the semiconductor company’s stock after selling 448 shares during the quarter. ASML makes up approximately 3.6% of Ellerson Group Inc. ADV’s investment portfolio, making the stock its 6th largest holding. Ellerson Group Inc. ADV’s holdings in ASML were worth $5,512,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Cornerstone Financial Management LLC bought a new position in shares of ASML during the 4th quarter worth approximately $26,000. Portus Wealth Advisors LLC acquired a new stake in ASML in the first quarter valued at approximately $32,000. Resources Management Corp CT ADV boosted its stake 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 valued at $27,000 after acquiring an additional 23 shares in the last quarter. North Star Investment Management Corp. grew its holdings 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 last quarter. Finally, Jessup Wealth Management Inc purchased a new position in ASML in the fourth quarter worth $30,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on ASML shares. JPMorgan Chase & Co. increased their price objective on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Friday. DZ Bank reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Citigroup reissued a “buy” rating on shares of ASML in a report on Thursday, April 16th. Finally, Bank of America boosted their price target on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,891.62.

ASML Trading Up 2.9%

NASDAQ:ASML opened at $1,775.64 on Wednesday. The company has a market capitalization of $698.32 billion, a P/E ratio of 63.69, a PEG ratio of 1.31 and a beta of 1.78. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The firm has a fifty day simple moving average of $1,718.08 and a 200-day simple moving average of $1,488.36.

ASML (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (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%. On average, equities research analysts anticipate that ASML Holding N.V. will post 36.62 earnings per share for the current year.

ASML News Summary

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Analysts and market watchers say ASML’s upcoming results could be “tone-setting” for the chip sector, with strong AI infrastructure spending and continued demand for semiconductor equipment supporting optimism. Why these two earnings reports could be “tone-setting” for the chip sector
• Positive Sentiment: RBC said ASML should benefit from continued momentum in EUV lithography demand, reinforcing expectations for solid near-term fundamentals. ASML Poised to Benefit From Strong EUV Momentum, RBC Says
• Positive Sentiment: Pre-earnings previews suggest ASML may report roughly 15% year-over-year EPS growth and potentially raise guidance again, which would support the stock’s recent rally. ASML Expected to Raise Guidance Again on Strong Semiconductor Demand — Earnings Preview
• Neutral Sentiment: ASML’s earnings report is being treated as a key read on the health of the AI chip supply chain, making the stock likely to react sharply to the company’s commentary on demand and outlook. Chip toolmaker ASML expected to shine light on capacity and China challenges
• Negative Sentiment: New U.S. export-control discussions could tighten restrictions on chipmaking equipment sales to China, posing a risk to ASML’s China business, especially for DUV tools. ASML (ENXTAM:ASML) Faces Fresh China Risk From New U.S. Export Controls
• Negative Sentiment: China’s prototype EUV lithography machine highlights a longer-term competitive threat, though it is still early-stage and unlikely to change fundamentals immediately. China rolls out 1st prototype EUV lithography machine challenging ASML

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.