ASML Holding N.V. $ASML Shares Purchased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC raised its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 20.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,594 shares of the semiconductor company’s stock after buying an additional 270 shares during the period. Sagespring Wealth Partners LLC’s holdings in ASML were worth $1,277,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Putney Financial Group LLC boosted its position in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 29 shares during the period. Maseco LLP purchased a new stake in shares of ASML in the second quarter worth about $32,000. Banque Cantonale Vaudoise acquired a new stake in shares of ASML in the first quarter valued at about $27,000. Costello Asset Management INC raised its holdings in shares of ASML by 147.1% during the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 25 shares during the period. Finally, PARK CIRCLE Co lifted its position in ASML by 80.0% during the 2nd quarter. PARK CIRCLE Co now owns 45 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 20 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock opened at $983.18 on Wednesday. The firm has a fifty day moving average of $845.63 and a two-hundred day moving average of $766.66. The firm has a market cap of $386.67 billion, a P/E ratio of 41.03, a P/E/G ratio of 1.66 and a beta of 1.87. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,059.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing the consensus estimate of $5.94 by ($1.39). The company had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The business’s revenue for the quarter was up 23.2% on a year-over-year basis. During the same period in the previous year, the business posted $4.01 EPS. As a group, research analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on ASML. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $935.00 price objective on shares of ASML in a research report on Thursday, October 9th. Bank Degroof lowered shares of ASML to a “hold” rating in a report on Friday, October 10th. Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of ASML in a research note on Wednesday, October 8th. Finally, Susquehanna lifted their target price on ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,001.60.

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.