ASML Holding N.V. $ASML Shares Bought by Meitav Investment House Ltd.

Meitav Investment House Ltd. grew its position in ASML Holding N.V. (NASDAQ:ASML) by 10.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 3,578 shares of the semiconductor company’s stock after purchasing an additional 324 shares during the period. Meitav Investment House Ltd.’s holdings in ASML were worth $4,992,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in ASML. Resonant Capital Advisors LLC raised its position in shares of ASML by 24.2% during the 1st quarter. Resonant Capital Advisors LLC now owns 1,314 shares of the semiconductor company’s stock valued at $1,736,000 after buying an additional 256 shares during the period. Centerpoint Advisory Group lifted its holdings in ASML by 34.7% in the first quarter. Centerpoint Advisory Group now owns 349 shares of the semiconductor company’s stock valued at $461,000 after acquiring an additional 90 shares during the last quarter. Clare Market Investments LLC purchased a new position in ASML in the first quarter worth approximately $4,176,000. Sather Financial Group Inc purchased a new position in ASML in the first quarter worth approximately $215,000. Finally, Signet Private Wealth LLC increased its stake in ASML by 8.9% during the first quarter. Signet Private Wealth LLC now owns 329 shares of the semiconductor company’s stock worth $435,000 after acquiring an additional 27 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein reportedly argued that the market is underestimating ASML’s outlook, and another report said the stock rose more than 5% as the firm sees room for further gains after a very strong run this year. Bernstein Says the Street Is Badly Wrong on ASML
• Positive Sentiment: Susquehanna reiterated a Positive rating and raised its price target, reinforcing the bullish analyst tone around ASML’s order backlog and AI-driven demand. ASML Holding NV (ASML) A Top AI Stock to Buy on Soaring Order Backlog and Wafer Market Expansion
• Positive Sentiment: SK Hynix’s planned spending and Nasdaq listing are expected to support advanced equipment purchases, including ASML EUV systems, which highlights continued demand for ASML’s technology. SK Hynix plans to spend 11.9T won to acquire ASML’s EUV systems
• Positive Sentiment: ASML’s share buyback activity signals ongoing capital return to shareholders and can help support the stock. ASML reports transactions under its current share buyback program
• Neutral Sentiment: Wall Street analyst coverage remains generally constructive, but the Zacks article mainly reinforces existing sentiment rather than adding a major new catalyst. Wall Street Analysts Think ASML (ASML) Is a Good Investment: Is It?
• Neutral Sentiment: Broader chip-sector strength, including headlines around SK Hynix’s large Nasdaq listing, is helping sentiment across semiconductors and may indirectly lift ASML. SK hynix to launch $28bn Nasdaq listing amid global AI chip demand
• Negative Sentiment: Reports that Dutch trade officials are heading to China amid concerns over Nexperia and possible ASML export curbs could create regulatory and geopolitical risk for the company. Dutch trade minister heads to China as Nexperia dispute and ASML curbs loom

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ASML shares. Freedom Capital upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Citigroup reiterated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday. Bank of America boosted their price objective on shares of ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Finally, Wells Fargo & Company increased their target price on shares of ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $1,854.12.

ASML Trading Down 5.0%

Shares of ASML stock traded down $90.48 on Tuesday, hitting $1,734.59. The stock had a trading volume of 850,405 shares, compared to its average volume of 1,885,609. 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 $682.18 billion, a P/E ratio of 62.28, a P/E/G ratio of 1.34 and a beta of 1.78. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,999.96. The company’s 50 day moving average price is $1,668.56 and its 200-day moving average price is $1,452.61.

ASML (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Analysts anticipate that ASML Holding N.V. will post 36.62 earnings per share for the current 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.