Manchester Capital Management LLC Boosts Stock Holdings in ASML Holding N.V. $ASML

Manchester Capital Management LLC increased its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 800.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 585 shares of the semiconductor company’s stock after purchasing an additional 520 shares during the quarter. Manchester Capital Management LLC’s holdings in ASML were worth $626,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of the business. Binnacle Investments Inc increased its holdings in shares of ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the last quarter. North Star Investment Management Corp. lifted its position in ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of ASML during the 4th quarter worth approximately $32,000. Evolution Wealth Management Inc. purchased a new position in shares of ASML during the fourth quarter worth $33,000. Finally, JPL Wealth Management LLC acquired a new position in ASML in the 3rd quarter valued at about $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on ASML. Wall Street Zen cut shares of ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research report on Wednesday, June 3rd. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research report on Monday, May 25th. Finally, Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Thursday, April 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,589.63.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Elon Musk called ASML “the greatest company in Europe,” highlighting that his planned Terafab project would need large numbers of ASML’s advanced lithography tools. Why Elon Musk says ASML is the greatest company in Europe
• Positive Sentiment: ASML was highlighted as a top AI stock in billionaire Ken Fisher’s portfolio, which may support investor confidence in long-term demand for its EUV machines. ASML Holding N.V. (ASML) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio
• Positive Sentiment: ASML was included among stocks positioned to benefit from surging semiconductor sales and AI-driven chip demand, keeping the company in favor with growth investors. 5 Stocks to Boost Your Portfolio on Soaring Semiconductor Sales
• Neutral Sentiment: Several articles reiterated that ASML remains one of the most important names in semiconductors and a stock some investors consider attractive for the long term, but these pieces were largely opinion-based rather than new company-specific catalysts. Is ASML Stock an Undervalued Semiconductor Stock to Buy?
• Negative Sentiment: A report about a Chinese startup claiming its nanoimprint technology can mass-produce optical chips without ASML equipment raises a potential long-term competitive threat to ASML’s market position. Chinese start-up claims nanoimprint tech can mass-produce optical chips without ASML gear

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,749.04 on Tuesday. 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 has a market capitalization of $687.86 billion, a price-to-earnings ratio of 62.73, a price-to-earnings-growth ratio of 1.31 and a beta of 1.82. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,779.29. The business’s 50 day simple moving average is $1,499.06 and its 200-day simple moving average is $1,348.74.

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. As a group, equities analysts forecast that ASML Holding N.V. will post 36.93 earnings per share for the current fiscal year.

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.