MayTech Global Investments LLC Has $40.41 Million Position in ASML Holding N.V. $ASML

MayTech Global Investments LLC lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 0.8% in the 4th quarter, Holdings Channel reports. The fund owned 37,763 shares of the semiconductor company’s stock after acquiring an additional 300 shares during the quarter. ASML accounts for approximately 4.1% of MayTech Global Investments LLC’s investment portfolio, making the stock its 8th biggest position. MayTech Global Investments LLC’s holdings in ASML were worth $40,408,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Fisher Asset Management LLC increased its position in shares of ASML by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after acquiring an additional 132,353 shares in the last quarter. Capital International Investors increased its position in shares of ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after acquiring an additional 577,448 shares in the last quarter. Van ECK Associates Corp increased its position in shares of ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after acquiring an additional 305,435 shares in the last quarter. Bank of America Corp DE increased its position in shares of ASML by 8.3% during the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after acquiring an additional 142,763 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after acquiring an additional 1,022,532 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a research report on Thursday. JPMorgan Chase & Co. raised their target price on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. Morningstar downgraded shares of ASML to a “sell” rating in a research report on Wednesday, May 27th. Finally, UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. Four 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,589.63.

ASML Price Performance

ASML stock opened at $1,863.55 on Monday. The company has a market cap of $732.90 billion, a P/E ratio of 66.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.82. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,903.50. The company has a fifty day simple moving average of $1,539.82 and a 200 day simple moving average of $1,371.98. 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 released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The business had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Research analysts anticipate that ASML Holding N.V. will post 36.86 earnings per share for the current fiscal year.

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.