Piedmont Capital Management LLC NC Invests $313,000 in ASML Holding N.V. $ASML

Piedmont Capital Management LLC NC purchased a new position in ASML Holding N.V. (NASDAQ:ASML) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 293 shares of the semiconductor company’s stock, valued at approximately $313,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ASML. Arrowstreet Capital Limited Partnership boosted its stake in shares of ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after buying an additional 1,022,532 shares during the last quarter. Capital International Investors lifted its position in ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after purchasing an additional 577,448 shares in the last quarter. Alliancebernstein L.P. lifted its position in ASML by 75.6% during the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after purchasing an additional 340,518 shares in the last quarter. Van ECK Associates Corp lifted its position in ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after purchasing an additional 305,435 shares in the last quarter. Finally, BlueSpruce Investments LP lifted its position in ASML by 18,861.1% during the third quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock valued at $237,160,000 after purchasing an additional 243,685 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting ASML

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

ASML Stock Performance

Shares of ASML stock opened at $1,863.55 on Monday. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,903.50. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The stock’s 50-day moving average price is $1,539.82 and its 200-day moving average price is $1,371.98. The stock has a market capitalization of $732.90 billion, a price-to-earnings ratio of 66.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.82.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion for the quarter. Equities research analysts predict that ASML Holding N.V. will post 36.86 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ASML shares. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research report on Wednesday, June 3rd. Royal Bank Of Canada lifted their target price on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Finally, JPMorgan Chase & Co. lifted their target price on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $1,589.63.

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.