Marcum Wealth LLC Has $287,000 Stock Holdings in ASML Holding (NASDAQ:ASML)

Marcum Wealth LLC lowered its holdings in ASML Holding (NASDAQ:ASML) by 21.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 414 shares of the semiconductor company’s stock after selling 111 shares during the quarter. Marcum Wealth LLC’s holdings in ASML were worth $287,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in ASML. Fairway Wealth LLC acquired a new stake in shares of ASML in the third quarter worth $25,000. Resources Management Corp CT ADV bought a new position in shares of ASML during the 2nd quarter worth about $26,000. Milestone Investment Advisors LLC bought a new position in shares of ASML during the 3rd quarter worth about $28,000. Fortitude Family Office LLC lifted its stake in shares of ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 15 shares during the period. Finally, Brooklyn Investment Group acquired a new stake in ASML during the third quarter worth about $43,000. 26.07% of the stock is owned by institutional investors.

ASML Stock Performance

ASML stock opened at $736.29 on Wednesday. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The stock has a 50-day simple moving average of $702.22 and a 200 day simple moving average of $801.85. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $289.67 billion, a price-to-earnings ratio of 38.55, a P/E/G ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. The company had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, research analysts anticipate that ASML Holding will post 20.68 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research reports. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Finally, Sanford C. Bernstein decreased their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Company 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.