Fisher Asset Management LLC Grows Stake in ASML Holding N.V. $ASML

Fisher Asset Management LLC boosted its position in ASML Holding N.V. (NASDAQ:ASML) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,484,949 shares of the semiconductor company’s stock after purchasing an additional 132,353 shares during the period. ASML makes up approximately 1.6% of Fisher Asset Management LLC’s investment portfolio, making the stock its 13th biggest holding. Fisher Asset Management LLC’s holdings in ASML were worth $4,798,268,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Binnacle Investments Inc boosted its position in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares during the period. North Star Investment Management Corp. boosted its position in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in shares of ASML during the fourth quarter valued at approximately $32,000. JPL Wealth Management LLC purchased a new position in shares of ASML during the third quarter valued at approximately $34,000. Finally, Wealth Watch Advisors INC purchased a new position in shares of ASML during the third quarter valued at approximately $34,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. TD Cowen restated a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Wall Street Zen lowered ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Wednesday, April 8th. Finally, Barclays raised shares of ASML to a “buy” rating in a research note on Tuesday, May 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $1,504.38.

ASML Stock Performance

Shares of NASDAQ:ASML opened at $1,632.90 on Monday. The company has a market capitalization of $642.19 billion, a price-to-earnings ratio of 58.57, a price-to-earnings-growth ratio of 1.34 and a beta of 1.81. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,653.53. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average of $1,433.13 and a 200 day moving average of $1,299.30.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, sell-side analysts predict that ASML Holding N.V. will post 37.1 earnings per share for the current fiscal year.

ASML Profile

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.