Signet Private Wealth LLC purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 302 shares of the semiconductor company’s stock, valued at approximately $323,000.
Other hedge funds have also made changes to their positions in the company. North Star Investment Management Corp. lifted its holdings in shares of ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of ASML in the 4th quarter worth approximately $32,000. Evolution Wealth Management Inc. bought a new stake in shares of ASML in the 4th quarter worth approximately $33,000. Binnacle Investments Inc lifted its holdings in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the last quarter. Finally, JPL Wealth Management LLC bought a new stake in shares of ASML in the 3rd quarter worth approximately $34,000. Institutional investors own 26.07% of the company’s stock.
Key Headlines Impacting ASML
Here are the key news stories impacting ASML this week:
- Positive Sentiment: ASML received fresh bullish attention from analysts, with one report saying the stock has an average rating of “Moderate Buy” and BofA reportedly raising its price target while keeping a Buy rating, reinforcing confidence in the company’s long-term outlook. ASML Holding N.V. (NASDAQ:ASML) Receives Average Rating of “Moderate Buy” from Analysts
- Positive Sentiment: Coverage highlighting ASML’s record-high share price and its first-ever rise above a $700 billion market value suggests strong investor demand and continued enthusiasm for the company’s dominant position in semiconductor equipment. ASML breaks $700B market cap barrier: Here’s the rally drivers and key risks
- Positive Sentiment: Reports that ASML is in discussions tied to Elon Musk’s proposed Terafab project point to potential future demand for ASML’s advanced lithography tools if the project moves ahead. ASML Weighs Musk Terafab Talks Against Valuation And Governance Questions
- Neutral Sentiment: ASML said it will cut fewer jobs than initially planned after reaching an agreement with Dutch unions, which may reduce near-term cost savings but also eases labor tensions. ASML to cut fewer jobs after talks with Dutch unions
- Neutral Sentiment: Some recent commentary flags valuation and governance questions after the stock’s sharp run-up, suggesting investors may be debating how much upside is already priced in. Assessing ASML Holding (NasdaqGS:ASML) Valuation After A Strong Multi-Period Share Price Run
- Negative Sentiment: Broader semiconductor sentiment looks less favorable in the near term, with reports noting that short sellers are piling into the sector and that the semiconductor index may be entering a correction. Semiconductor shorts pile on as winning trade reverses
ASML Stock Down 2.5%
ASML (NASDAQ:ASML – Get Free Report) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. As a group, research analysts forecast that ASML Holding N.V. will post 36.93 EPS for the current year.
Wall Street Analysts Forecast Growth
ASML has been the topic of several recent research reports. Citigroup reissued a “buy” rating on shares of ASML in a report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a report on Thursday, April 16th. Sanford C. Bernstein reissued a “buy” rating on shares of ASML in a report on Monday, May 25th. Wells Fargo & Company reissued an “overweight” rating and issued a $1,750.00 price target on shares of ASML in a report on Thursday, April 16th. Finally, DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Four investment 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,589.63.
Read Our Latest Stock Analysis on ASML
ASML 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.
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