ASML Holding (NASDAQ:ASML) Position Lifted by Scientech Research LLC

Scientech Research LLC boosted its holdings in ASML Holding (NASDAQ:ASML) by 162.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,843 shares of the semiconductor company’s stock after purchasing an additional 2,996 shares during the quarter. ASML makes up 1.0% of Scientech Research LLC’s portfolio, making the stock its biggest holding. Scientech Research LLC’s holdings in ASML were worth $3,357,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in ASML. Carnegie Investment Counsel increased its holdings in shares of ASML by 68.9% during the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after buying an additional 868 shares during the last quarter. Foundations Investment Advisors LLC raised its holdings in shares of ASML by 36.7% in the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock worth $18,243,000 after purchasing an additional 7,073 shares during the period. Fifth Third Bancorp lifted its stake in shares of ASML by 12.2% in the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company’s stock valued at $6,764,000 after purchasing an additional 1,062 shares in the last quarter. Alpha Cubed Investments LLC lifted its stake in shares of ASML by 33.9% in the 4th quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company’s stock valued at $56,530,000 after purchasing an additional 20,651 shares in the last quarter. Finally, Vantage Investment Partners LLC grew its holdings in shares of ASML by 53.3% during the 4th quarter. Vantage Investment Partners LLC now owns 53,290 shares of the semiconductor company’s stock worth $36,934,000 after purchasing an additional 18,523 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent research reports. Susquehanna reduced their price target on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research report on Thursday, April 17th. Wells Fargo & Company reduced their target price on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. JPMorgan Chase & Co. lowered their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $906.00.

ASML Stock Performance

NASDAQ:ASML opened at $748.10 on Friday. The firm has a 50-day moving average of $683.78 and a two-hundred day moving average of $703.45. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The stock has a market cap of $294.32 billion, a P/E ratio of 35.97, a PEG ratio of 1.62 and a beta of 1.75. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The business had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $7.90 billion. On average, research analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML 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.