Signet Private Wealth LLC Makes New $323,000 Investment in ASML Holding N.V. $ASML

Signet Private Wealth LLC purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASMLFree 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:

ASML Stock Down 2.5%

Shares of ASML stock opened at $1,734.19 on Thursday. The business’s fifty day moving average price is $1,518.17 and its two-hundred day moving average price is $1,359.24. 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 company has a market capitalization of $682.02 billion, a P/E ratio of 62.20, a PEG ratio of 1.42 and a beta of 1.82. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,831.11.

ASML (NASDAQ:ASMLGet 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

(Free Report)

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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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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