Griffin Asset Management Inc. Has $26.75 Million Position in ASML Holding N.V. $ASML

Griffin Asset Management Inc. trimmed its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 7.0% during the first quarter, Holdings Channel.com reports. The firm owned 20,255 shares of the semiconductor company’s stock after selling 1,531 shares during the period. ASML accounts for approximately 3.0% of Griffin Asset Management Inc.’s holdings, making the stock its 3rd largest position. Griffin Asset Management Inc.’s holdings in ASML were worth $26,754,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Arrowstreet Capital Limited Partnership raised its position in ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after purchasing an additional 1,022,532 shares during the last quarter. Alliancebernstein L.P. boosted its position in ASML by 75.6% in the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after buying an additional 340,518 shares during the last quarter. BlueSpruce Investments LP boosted its position in ASML by 18,861.1% in the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock valued at $237,160,000 after buying an additional 243,685 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of ASML by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 1,157,324 shares of the semiconductor company’s stock valued at $1,120,394,000 after buying an additional 232,960 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of ASML by 14.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after buying an additional 193,068 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Trading Up 2.0%

NASDAQ ASML opened at $1,804.25 on Friday. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The stock has a 50-day simple moving average of $1,697.62 and a 200 day simple moving average of $1,473.46. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $709.58 billion, a PE ratio of 64.71, a P/E/G ratio of 1.34 and a beta of 1.78.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion during the quarter. Research analysts forecast that ASML Holding N.V. will post 36.62 EPS for the current year.

Wall Street Analyst Weigh In

ASML has been the topic of several research reports. UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a report on Thursday, April 16th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,854.12.

ASML News Summary

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein sharply raised its price target on ASML and kept an Outperform rating, signaling confidence that the company’s exposure to advanced chip equipment demand remains strong. Bernstein Raises its Price Target on ASML Holding (ASML)
• Positive Sentiment: Jefferies also reiterated a Buy rating and lifted its target, citing a constructive semiconductor outlook and expectations for continued spending on AI-related chip manufacturing tools. ASML Holding N.V. (ASML) Price Target Raised by Jefferies on Strong Semiconductor Outlook
• Positive Sentiment: Recent coverage highlighted that rising demand for advanced chips could help ASML beat quarterly expectations and issue solid guidance, reinforcing the bullish case ahead of earnings. Should You Buy ASML Holding Stock Before July 15?
• Neutral Sentiment: Some articles noted recent volatility and debate over valuation, including questions about whether ASML is overvalued after analyst-driven swings, but these reports did not materially change the broader bullish tone. ASML Holding (ENXTAM:ASML) Swings On Analyst Sentiment, Is It 17% Overvalued?
• Negative Sentiment: One report pointed to a sharp pullback tied to market-wide margin pressure and risk-off trading, though analysts argued the decline may have created a buying opportunity rather than reflecting a deterioration in fundamentals. A Market Panic Just Discounted the AI Highway’s Tollbooth

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.