1,969 Shares in ASML Holding (NASDAQ:ASML) Bought by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,969 shares of the semiconductor company’s stock, valued at approximately $1,364,000.

Several other institutional investors have also modified their holdings of the stock. International Assets Investment Management LLC grew its holdings in shares of ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after buying an additional 491,096 shares in the last quarter. Van ECK Associates Corp boosted its position in ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after acquiring an additional 474,653 shares during the last quarter. Tairen Capital Ltd grew its stake in ASML by 321.2% during the 2nd quarter. Tairen Capital Ltd now owns 202,946 shares of the semiconductor company’s stock valued at $207,559,000 after acquiring an additional 154,760 shares in the last quarter. Mediolanum International Funds Ltd acquired a new stake in ASML in the 3rd quarter valued at about $125,952,000. Finally, Pathway Financial Advisers LLC increased its holdings in shares of ASML by 97,001.7% in the third quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock valued at $94,665,000 after purchasing an additional 113,492 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. lowered their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Finally, Susquehanna cut their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $955.50.

ASML Trading Up 0.8 %

NASDAQ:ASML opened at $756.33 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The stock has a market cap of $297.56 billion, a P/E ratio of 39.60, a P/E/G ratio of 2.30 and a beta of 1.47. The stock has a 50-day simple moving average of $704.98 and a 200-day simple moving average of $800.97.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, analysts anticipate that ASML Holding will post 20.57 earnings per share for the current fiscal year.

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.