Tempo Wealth LLC Makes New Investment in ASML Holding N.V. $ASML

Tempo Wealth LLC bought a new position in ASML Holding N.V. (NASDAQ:ASMLFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 330 shares of the semiconductor company’s stock, valued at approximately $353,000.

Other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP grew its stake in ASML by 4.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after buying an additional 38,660 shares during the last quarter. Gradient Investments LLC lifted its stake in ASML by 424.3% in the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock valued at $15,393,000 after buying an additional 11,644 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in shares of ASML by 314.0% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock valued at $23,841,000 after acquiring an additional 18,677 shares during the period. Bingham Private Wealth LLC acquired a new position in shares of ASML during the fourth quarter valued at $1,444,000. Finally, RWA Wealth Partners LLC grew its position in shares of ASML by 17.3% during the third quarter. RWA Wealth Partners LLC now owns 37,575 shares of the semiconductor company’s stock worth $36,376,000 after acquiring an additional 5,543 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

ASML stock opened at $1,929.68 on Friday. The company has a 50-day simple moving average of $1,594.98 and a 200 day simple moving average of $1,399.33. The company has a market capitalization of $758.90 billion, a P/E ratio of 69.21, a PEG ratio of 1.55 and a beta of 1.82. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,942.87.

ASML (NASDAQ:ASMLGet Free Report) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion for the quarter. Sell-side analysts predict that ASML Holding N.V. will post 36.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday, June 11th. Barclays restated an “overweight” rating on shares of ASML in a research report on Thursday, June 4th. JPMorgan Chase & Co. raised their price target on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $1,589.62.

View Our Latest Stock Report on ASML

ASML News Summary

Here are the key news stories impacting ASML this week:

About ASML

(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.

Further Reading

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASMLFree Report).

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.