ASML Holding (NASDAQ:ASML) Shares Acquired by Griffin Asset Management Inc.

Griffin Asset Management Inc. increased its stake in ASML Holding (NASDAQ:ASML) by 5.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,466 shares of the semiconductor company’s stock after acquiring an additional 1,131 shares during the period. ASML makes up about 1.7% of Griffin Asset Management Inc.’s holdings, making the stock its 12th largest holding. Griffin Asset Management Inc.’s holdings in ASML were worth $13,562,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Sunpointe LLC grew its holdings in shares of ASML by 1.3% during the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after purchasing an additional 14 shares during the last quarter. Wealth Quarterback LLC boosted its stake 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 worth $923,000 after buying an additional 15 shares during the period. Sfmg LLC lifted its position in ASML by 3.0% in the fourth quarter. Sfmg LLC now owns 511 shares of the semiconductor company’s stock valued at $354,000 after purchasing an additional 15 shares during the period. Norinchukin Bank The lifted its position in ASML by 1.8% in the fourth quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company’s stock valued at $594,000 after purchasing an additional 15 shares during the period. Finally, Coppell Advisory Solutions LLC lifted its position in ASML by 18.5% in the fourth quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company’s stock valued at $67,000 after purchasing an additional 15 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company reduced their price target on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Barclays reiterated an “equal weight” rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna cut their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Finally, Citigroup reissued a “buy” rating on shares of ASML in a research report on Monday, May 19th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $906.00.

ASML Price Performance

NASDAQ ASML opened at $761.00 on Friday. The company has a 50-day moving average price of $710.27 and a two-hundred day moving average price of $714.56. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market cap of $299.39 billion, a price-to-earnings ratio of 36.59, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $7.90 billion. Analysts forecast that ASML Holding will post 25.17 EPS for the current year.

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.