Geller Advisors LLC Grows Position in ASML Holding (NASDAQ:ASML)

Geller Advisors LLC grew its stake in ASML Holding (NASDAQ:ASML) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,682 shares of the semiconductor company’s stock after buying an additional 109 shares during the quarter. Geller Advisors LLC’s holdings in ASML were worth $1,859,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Steigerwald Gordon & Koch Inc. lifted its position in shares of ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after acquiring an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC lifted its holdings in ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after purchasing an additional 14 shares in the last quarter. Trust Point Inc. boosted its stake in ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after purchasing an additional 14 shares during the period. Sunpointe LLC grew its holdings in ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after buying an additional 14 shares in the last quarter. Finally, Wealth Quarterback LLC raised its position in shares of ASML by 1.1% during the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock valued at $923,000 after buying an additional 15 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ ASML opened at $706.21 on Friday. The business’s 50 day moving average price is $679.19 and its 200-day moving average price is $701.83. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The company has a market cap of $277.84 billion, a P/E ratio of 33.95, a P/E/G ratio of 1.62 and a beta of 1.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. Sell-side analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ASML shares. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company reduced their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Susquehanna dropped their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. Finally, JPMorgan Chase & Co. reduced their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $906.00.

ASML Company 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.