ASML Holding N.V. $ASML Stock Position Reduced by Nixon Peabody Trust Co.

Nixon Peabody Trust Co. cut its holdings in ASML Holding N.V. (NASDAQ:ASML) by 21.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,774 shares of the semiconductor company’s stock after selling 3,515 shares during the quarter. ASML comprises approximately 1.0% of Nixon Peabody Trust Co.’s holdings, making the stock its 29th largest position. Nixon Peabody Trust Co.’s holdings in ASML were worth $13,666,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Family Capital Management Inc. lifted its stake in ASML by 0.8% in the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after acquiring an additional 7 shares during the last quarter. Sky Investment Group LLC lifted its stake in ASML by 2.1% in the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after acquiring an additional 8 shares during the last quarter. BOS Asset Management LLC lifted its stake in ASML by 2.4% in the fourth quarter. BOS Asset Management LLC now owns 377 shares of the semiconductor company’s stock valued at $403,000 after acquiring an additional 9 shares during the last quarter. Foster Victor Wealth Advisors LLC lifted its stake in ASML by 1.2% in the fourth quarter. Foster Victor Wealth Advisors LLC now owns 765 shares of the semiconductor company’s stock valued at $818,000 after acquiring an additional 9 shares during the last quarter. Finally, Evergreen Wealth Management LLC lifted its stake in ASML by 4.0% in the fourth quarter. Evergreen Wealth Management LLC now owns 235 shares of the semiconductor company’s stock valued at $252,000 after acquiring an additional 9 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ASML has been the subject of a number of analyst reports. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a research note on Thursday, April 23rd. Royal Bank Of Canada lifted their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Wednesday, May 13th. Barclays upgraded shares of ASML to a “buy” rating in a research note on Tuesday. Finally, Berenberg Bank restated a “buy” rating on shares of ASML in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,504.38.

ASML Trading Up 2.6%

Shares of ASML stock opened at $1,632.90 on Friday. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,653.53. The firm’s fifty day simple moving average is $1,433.13 and its 200 day simple moving average is $1,297.67. The firm has a market capitalization of $642.19 billion, a P/E ratio of 58.57, a price-to-earnings-growth ratio of 1.31 and a beta of 1.81. 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 (NASDAQ:ASML) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The business had revenue of $10.15 billion for the quarter. As a group, sell-side analysts predict that ASML Holding N.V. will post 37.1 EPS for the current year.

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.