Peapack Gladstone Financial Corp Lowers Position in ASML Holding N.V. $ASML

Peapack Gladstone Financial Corp decreased its position in ASML Holding N.V. (NASDAQ:ASML) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,475 shares of the semiconductor company’s stock after selling 1,066 shares during the period. Peapack Gladstone Financial Corp’s holdings in ASML were worth $32,604,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. North Star Investment Management Corp. boosted its holdings in ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in ASML during the fourth quarter worth about $32,000. Binnacle Investments Inc boosted its holdings in ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in ASML during the third quarter worth about $34,000. Finally, Wealth Watch Advisors INC purchased a new stake in ASML during the third quarter worth about $34,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Royal Bank Of Canada boosted their price objective on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Berenberg Bank reissued a “buy” rating on shares of ASML in a report on Friday, May 8th. Weiss Ratings downgraded shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a report on Wednesday, May 13th. Finally, Barclays raised shares of ASML to a “buy” rating in a report on Tuesday, May 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $1,504.38.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,612.76 on Monday. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,654.20. The company has a market capitalization of $634.27 billion, a PE ratio of 57.85, a price-to-earnings-growth ratio of 1.32 and a beta of 1.82. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The firm’s 50-day moving average is $1,458.41 and its two-hundred day moving average is $1,319.88.

ASML (NASDAQ:ASML) last announced its quarterly 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 company had revenue of $10.15 billion for the quarter. Equities analysts anticipate that ASML Holding N.V. will post 37.1 EPS for the current fiscal year.

ASML News Roundup

Here are the key news stories impacting ASML this week:

• Positive Sentiment: UBS reportedly raised its price target on ASML to €1,900 from €1,600 while keeping a Buy rating, reinforcing optimism around the company’s EUV leadership and long-term growth potential. ASML Holding N.V. (ASML) Stock Gains Attention After UBS Lifts Price Target to €1,900
• Positive Sentiment: Several articles highlighted ASML as a strong momentum and semiconductor-equipment pick, citing its backlog, AI-chip tailwinds, and dominant position in extreme ultraviolet lithography. Are You Looking for a Top Momentum Pick? Why ASML (ASML) is a Great Choice
• Positive Sentiment: ASML’s partnership with Tata Electronics to help build India’s first front-end semiconductor fabrication plant could expand its addressable market and deepen exposure to new foundry growth. ASML Holding N.V. (ASML) Sets Sights on India’s Foundry Opportunities amid Tata Electronics Pact
• Neutral Sentiment: Coverage comparing ASML with KLAC and TSMC generally favored ASML on EUV leadership and AI demand, but these were mostly opinion pieces rather than fresh company-specific catalysts. ASML vs. KLAC: Which Semiconductor Equipment Stock Is the Better Buy?
• Negative Sentiment: Morningstar downgraded ASML to Sell, signaling concern that the stock’s valuation may already reflect much of the company’s strong fundamentals and AI-driven growth outlook. Morningstar downgrades ASML rating to sell
• Negative Sentiment: New reporting on Huawei’s chip strategy underscored ongoing geopolitical risk, noting that China remains unable to import ASML’s most advanced EUV machines because of U.S.-led sanctions, which keeps export controls a key overhang. Analysis-Huawei bets on speed over shrinking transistors to sidestep US chip sanctions

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.