OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 2,000 shares of the semiconductor company’s stock, valued at approximately $2,140,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC purchased a new position in ASML during the 4th quarter valued at about $26,000. Binnacle Investments Inc grew its holdings in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares in the last quarter. Resources Management Corp CT ADV grew its holdings in shares of ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares in the last quarter. North Star Investment Management Corp. grew its holdings 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 worth $29,000 after buying an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc purchased a new stake in shares of ASML during the fourth quarter worth about $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
More ASML News
Here are the key news stories impacting ASML this week:
- Positive Sentiment: ASML’s share buyback program continues, with the company repurchasing stock at steadily higher average prices over the past week. Buybacks can support EPS and signal management confidence. ASML reports transactions under its current share buyback program
- Positive Sentiment: Sanford C. Bernstein reaffirmed a buy rating on ASML, reinforcing the view that the company remains a key beneficiary of long-term AI and advanced chip demand. ASML gets a buy rating from Bernstein
- Positive Sentiment: The broader semiconductor sector remains very strong, with semiconductor ETFs and chip stocks breaking into new highs. That sector-wide momentum is helping sentiment for ASML, a major supplier to advanced chipmakers. Chips Up 8.8% in One Week: 5 Semiconductor Names Breaking Into New Highs
- Neutral Sentiment: Coverage around Elon Musk’s “Terafab” concept highlights ASML’s strategic importance in next-generation chip manufacturing, which supports the investment case, but the articles also argue investors may not need to own the stock given its premium valuation. Elon Musk Needs ASML for Terafab. You Don’t Need ASML Stock in Your Portfolio.
- Negative Sentiment: Some recent commentary argues ASML’s valuation is stretched after its sharp rally, with one piece suggesting investors should instead look at other AI names with more upside and better cash flow profiles. Forget ASML Holding: 1 Unstoppable AI Cash-Flow Machine to Buy Hand Over Fist After the Pullback
ASML Price Performance
ASML (NASDAQ:ASML – Get Free Report) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The business had revenue of $10.15 billion for the quarter. As a group, sell-side analysts expect that ASML Holding N.V. will post 36.86 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of ASML from $1,813.00 to $2,200.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Wall Street Zen downgraded shares of ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Weiss Ratings downgraded shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a report on Wednesday, June 3rd. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,589.63.
View Our Latest Stock Analysis on ASML
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.
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