Cyndeo Wealth Partners LLC Grows Stake in ASML Holding (NASDAQ:ASML)

Cyndeo Wealth Partners LLC boosted its position in shares of ASML Holding (NASDAQ:ASML) by 0.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,208 shares of the semiconductor company’s stock after purchasing an additional 14 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in ASML were worth $2,223,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Fairway Wealth LLC purchased a new position in ASML during the 3rd quarter worth $25,000. Milestone Investment Advisors LLC bought a new stake in ASML during the 3rd quarter valued at $28,000. Fortitude Family Office LLC boosted its position in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 15 shares in the last quarter. Albion Financial Group UT boosted its position in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 32 shares in the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in ASML during the 4th quarter valued at $42,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of ASML opened at $732.25 on Friday. The stock has a 50-day moving average of $714.70 and a two-hundred day moving average of $788.08. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The stock has a market cap of $288.08 billion, a P/E ratio of 38.34, a P/E/G ratio of 2.39 and a beta of 1.47.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. JPMorgan Chase & Co. lowered their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Susquehanna lowered their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Finally, Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $946.60.

ASML Profile

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.