Howe & Rusling Inc. Has $6.89 Million Position in ASML Holding N.V. $ASML

Howe & Rusling Inc. reduced its holdings in ASML Holding N.V. (NASDAQ:ASML) by 18.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,441 shares of the semiconductor company’s stock after selling 1,489 shares during the quarter. Howe & Rusling Inc.’s holdings in ASML were worth $6,891,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in ASML by 4.1% in the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after purchasing an additional 38,660 shares during the period. Gradient Investments LLC raised its holdings in ASML by 424.3% in the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after purchasing an additional 11,644 shares during the period. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in ASML by 314.0% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock worth $23,841,000 after purchasing an additional 18,677 shares during the period. Bingham Private Wealth LLC acquired a new stake in ASML in the fourth quarter worth $1,444,000. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in ASML by 3.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after purchasing an additional 760 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. increased their target price 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. Weiss Ratings lowered shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Susquehanna reiterated a “positive” rating on shares of ASML in a report on Thursday, April 9th. Barclays restated an “overweight” rating on shares of ASML in a report on Thursday, June 4th. Finally, UBS Group restated a “buy” rating on shares of ASML in a report on Wednesday, May 20th. Four research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,589.63.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML’s long-term outlook remains supported by its market leadership in advanced chipmaking equipment, with recent coverage highlighting record order demand, AI infrastructure spending, and raised full-year guidance. ASML Could Soar Higher in 12 Months and Here’s Why We’d Buy It
• Positive Sentiment: Several bullish commentaries say ASML’s recent surge is tied to AI-driven chip demand, EUV dominance, and expectations for continued EPS growth, supporting the stock’s strong multi-month run. ASML Surges 36% in 3 Months: Should Investors Buy the Stock?
• Positive Sentiment: ASML also announced ongoing share repurchases under its buyback program, which can be supportive for shareholder returns. ASML reports transactions under its current share buyback program
• Neutral Sentiment: Analyst commentary remains mixed: Sanford C. Bernstein reaffirmed a buy rating, while other recent articles warn that ASML’s premium valuation could limit near-term upside despite strong fundamentals. ASML gets a buy rating from Bernstein
• Negative Sentiment: The immediate pressure on ASML came from a broader pullback, with market coverage noting it fell more than the overall market in the latest session, suggesting investors were taking profits after a strong run. Here’s Why ASML (ASML) Fell More Than Broader Market

ASML Trading Down 4.7%

Shares of NASDAQ:ASML opened at $1,803.89 on Wednesday. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,913.70. 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 company’s fifty day simple moving average is $1,561.06 and its 200 day simple moving average is $1,383.61. The firm has a market cap of $709.43 billion, a price-to-earnings ratio of 64.70, a PEG ratio of 1.52 and a beta of 1.82.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 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, research analysts forecast that ASML Holding N.V. will post 36.76 EPS 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.