Cabot Wealth Management Inc. Has $3.01 Million Position in ASML Holding N.V. (NASDAQ:ASML)

Cabot Wealth Management Inc. grew its holdings in ASML Holding N.V. (NASDAQ:ASML) by 2.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,536 shares of the semiconductor company’s stock after purchasing an additional 97 shares during the quarter. Cabot Wealth Management Inc.’s holdings in ASML were worth $3,006,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in ASML. GAMMA Investing LLC grew its position in shares of ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company’s stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares during the last quarter. Edgewood Management LLC grew its position in shares of ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock valued at $2,208,615,000 after purchasing an additional 959,696 shares during the last quarter. Amundi grew its position in shares of ASML by 4,880.5% in the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company’s stock valued at $247,019,000 after purchasing an additional 328,552 shares during the last quarter. Wellington Management Group LLP grew its position in shares of ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company’s stock valued at $559,494,000 after purchasing an additional 281,156 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of ASML in the fourth quarter valued at about $175,257,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ASML shares. Wells Fargo & Company reduced their target price on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Sanford C. Bernstein started coverage on shares of ASML in a research note on Tuesday. They issued a “market perform” rating and a $806.00 target price for the company. Barclays reiterated an “equal weight” rating on shares of ASML in a research note on Tuesday, June 3rd. Citigroup reiterated a “buy” rating on shares of ASML in a research note on Monday, May 19th. Finally, Susquehanna reduced their target price on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. Four research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $913.80.

ASML Stock Down 0.7%

Shares of ASML opened at $756.53 on Friday. The stock has a market cap of $297.63 billion, a price-to-earnings ratio of 31.88, a P/E/G ratio of 1.48 and a beta of 1.74. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a 50-day moving average price of $720.80 and a two-hundred day moving average price of $717.02.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. The firm had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $7.90 billion. ASML had a net margin of 28.32% and a return on equity of 51.82%. Equities analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.