Rossmore Private Capital Buys 803 Shares of ASML Holding N.V. $ASML

Rossmore Private Capital boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 18.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,177 shares of the semiconductor company’s stock after acquiring an additional 803 shares during the quarter. Rossmore Private Capital’s holdings in ASML were worth $5,539,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Roberts Glore & Co. Inc. IL boosted its stake in shares of ASML by 0.9% in the 4th quarter. Roberts Glore & Co. Inc. IL now owns 2,359 shares of the semiconductor company’s stock valued at $2,524,000 after purchasing an additional 21 shares during the last quarter. Abacus Wealth Partners LLC bought a new position in shares of ASML in the 4th quarter valued at about $1,789,000. Soltis Investment Advisors LLC boosted its stake in shares of ASML by 2.7% in the 4th quarter. Soltis Investment Advisors LLC now owns 4,300 shares of the semiconductor company’s stock valued at $4,601,000 after purchasing an additional 114 shares during the last quarter. Security National Bank boosted its stake in shares of ASML by 0.7% in the 4th quarter. Security National Bank now owns 11,687 shares of the semiconductor company’s stock valued at $12,503,000 after purchasing an additional 84 shares during the last quarter. Finally, May Hill Capital LLC boosted its stake in shares of ASML by 125.5% in the 4th quarter. May Hill Capital LLC now owns 2,088 shares of the semiconductor company’s stock valued at $2,234,000 after purchasing an additional 1,162 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Susquehanna reissued a “positive” rating on shares of ASML in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Sanford C. Bernstein reissued a “buy” rating on shares of ASML in a research note on Thursday, April 23rd. Finally, TD Cowen reissued a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,504.38.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML reportedly signed a deal with Tata Electronics to help power India’s semiconductor plant, a move that could open the door to long-term equipment demand as India builds out its chip manufacturing capacity. ASML to partner with India’s Tata Electronics
• Positive Sentiment: The Tata-ASML collaboration is being framed as a major step in establishing India’s first commercial chip fab, which supports the view that ASML could benefit from broader global semiconductor investment. Tata and Dutch giant ASML join hands to establish India’s first commercial chip fab
• Positive Sentiment: Broker sentiment also remains constructive, with Goldman Sachs reiterating a “Buy” rating and brokerage consensus still sitting at “Moderate Buy,” helping support the stock’s outlook. ASML’s (ASML) “Buy” Rating Reiterated at The Goldman Sachs Group
• Neutral Sentiment: Several additional reports repeated the Tata-ASML partnership news, but they largely echoed the same strategic theme rather than adding new market-moving details. India & Netherlands boost ties; Tata Electronics, ASML ink deal
• Neutral Sentiment: ASML also continued to receive a “Moderate Buy” consensus from analysts, which is supportive but not a new catalyst by itself. ASML Holding N.V. Receives Consensus Recommendation of “Moderate Buy” from Brokerages

ASML Stock Performance

Shares of NASDAQ:ASML opened at $1,501.81 on Monday. The company has a market capitalization of $590.64 billion, a price-to-earnings ratio of 53.87, a P/E/G ratio of 1.23 and a beta of 1.81. The firm’s 50 day simple moving average is $1,414.78 and its 200 day simple moving average is $1,282.52. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,603.49.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The business had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. As a group, sell-side analysts forecast that ASML Holding N.V. will post 37.09 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.