Nvest Financial LLC Purchases 305 Shares of ASML Holding N.V. $ASML

Nvest Financial LLC increased its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 24.4% in the fourth quarter, HoldingsChannel reports. The firm owned 1,556 shares of the semiconductor company’s stock after purchasing an additional 305 shares during the period. Nvest Financial LLC’s holdings in ASML were worth $1,664,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ASML. Family Capital Management Inc. grew its stake in ASML by 0.8% during the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after buying an additional 7 shares during the last quarter. 44 Wealth Management LLC increased its holdings in shares of ASML by 1.1% during the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after buying an additional 7 shares in the last quarter. Sky Investment Group LLC raised its stake in shares of 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. White Lighthouse Investment Management Inc. boosted its holdings in shares of ASML by 2.2% in the 4th quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock worth $390,000 after acquiring an additional 8 shares in the last quarter. Finally, Main Management ETF Advisors LLC boosted its holdings in shares of ASML by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company’s stock worth $838,000 after acquiring an additional 8 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on ASML shares. Royal Bank Of Canada raised their price target on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. Susquehanna restated a “positive” rating on shares of ASML in a report on Thursday, April 9th. Barclays upgraded ASML to a “buy” rating in a research note on Tuesday, May 19th. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $1,750.00 price objective on shares of ASML in a report on Thursday, April 16th. Three 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $1,589.63.

ASML Stock Up 1.2%

NASDAQ:ASML opened at $1,726.36 on Thursday. The company has a market cap of $678.94 billion, a price-to-earnings ratio of 61.92, a P/E/G ratio of 1.40 and a beta of 1.82. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The stock’s fifty day moving average price is $1,478.55 and its two-hundred day moving average price is $1,333.83. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,743.27.

ASML (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. On average, analysts anticipate 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.