ASML Holding N.V. $ASML Shares Acquired by Ted Buchan & Co

Ted Buchan & Co boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 20.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,474 shares of the semiconductor company’s stock after buying an additional 756 shares during the quarter. ASML comprises about 1.8% of Ted Buchan & Co’s investment portfolio, making the stock its 17th largest holding. Ted Buchan & Co’s holdings in ASML were worth $4,787,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Binnacle Investments Inc lifted its position in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares during the last quarter. North Star Investment Management Corp. grew its position in shares of ASML by 68.8% in the 4th 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 last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of ASML in the 4th quarter valued at $32,000. Evolution Wealth Management Inc. acquired a new stake in ASML during the 4th quarter worth $33,000. Finally, JPL Wealth Management LLC acquired a new stake in ASML during the 3rd quarter worth $34,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ASML. UBS Group restated a “buy” rating on shares of ASML in a research note on Wednesday, May 20th. Morningstar downgraded ASML to a “sell” rating in a report on Wednesday, May 27th. Freedom Capital upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Royal Bank Of Canada lifted their price target on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a report on Wednesday, May 13th. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,589.63.

ASML Stock Up 1.2%

ASML stock opened at $1,726.36 on Thursday. The stock has a market capitalization of $678.94 billion, a PE ratio of 61.92, a price-to-earnings-growth ratio of 1.40 and a beta of 1.82. The company has a fifty day moving average of $1,478.55 and a 200-day moving average of $1,333.83. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,743.27.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion during the quarter. As a group, analysts expect that ASML Holding N.V. will post 37.1 EPS for the current year.

About ASML

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.