Polen Capital Management LLC Sells 8,602 Shares of ASML Holding N.V. $ASML

Polen Capital Management LLC reduced its position in ASML Holding N.V. (NASDAQ:ASML) by 43.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,195 shares of the semiconductor company’s stock after selling 8,602 shares during the period. Polen Capital Management LLC’s holdings in ASML were worth $11,977,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Nuveen LLC boosted its position in shares of ASML by 1.9% in the fourth quarter. Nuveen LLC now owns 1,025 shares of the semiconductor company’s stock worth $1,096,000 after purchasing an additional 19 shares during the period. Buckley Wealth Management LLC bought a new position in shares of ASML in the fourth quarter worth approximately $213,000. Sumitomo Mitsui Financial Group Inc. bought a new position in shares of ASML in the fourth quarter worth approximately $171,000. Xponance LLC boosted its position in shares of ASML by 11.1% in the fourth quarter. Xponance LLC now owns 399 shares of the semiconductor company’s stock worth $427,000 after purchasing an additional 40 shares during the period. Finally, Parnassus Investments LLC boosted its position in shares of ASML by 10.1% in the fourth quarter. Parnassus Investments LLC now owns 2,358 shares of the semiconductor company’s stock worth $2,523,000 after purchasing an additional 216 shares during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

ASML stock opened at $1,899.48 on Friday. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,903.50. 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 has a fifty day simple moving average of $1,529.75 and a two-hundred day simple moving average of $1,365.81. The firm has a market capitalization of $747.03 billion, a P/E ratio of 68.13, a price-to-earnings-growth ratio of 1.38 and a beta of 1.82.

ASML (NASDAQ:ASML) last released 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 during the quarter. Analysts anticipate that ASML Holding N.V. will post 36.93 earnings per share for the current fiscal year.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Elon Musk virtually addressed ASML employees and is expected to discuss his “Terafab” semiconductor manufacturing plans, putting ASML in the spotlight as a key equipment supplier for future chip production and boosting investor sentiment. Musk to speak at chip tool giant ASML event ahead of SpaceX IPO
• Positive Sentiment: Goldman Sachs reaffirmed its “buy” rating on ASML, reinforcing confidence in the company’s long-term fundamentals and helping support the stock. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: ASML is drawing investor attention as a favored AI/semiconductor name, with a prominent tech investor reportedly betting on the stock alongside Nvidia and other AI-related companies. AI Stocks Underestimate the Technology’s Potential, Says This Tech Investor
• Positive Sentiment: Recent coverage highlights ASML’s record-high valuation and market-cap milestone, reflecting strong momentum in the shares and continued enthusiasm for the company’s EUV leadership. ASML breaks $700B market cap barrier: Here’s the rally drivers and key risks
• Neutral Sentiment: ASML reached an agreement with unions to cut fewer jobs than originally planned, reducing restructuring concerns but not materially changing the near-term growth outlook. ASML to cut fewer jobs after talks with Dutch unions
• Neutral Sentiment: Separately, some commentary raised competitive concerns about potential challengers to ASML’s EUV technology, but this appears more speculative than an immediate threat. Canon: Potential Challenger Of ASML’s EUV Process

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ASML shares. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Barclays restated an “overweight” rating on shares of ASML in a research report on Thursday, June 4th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Finally, Weiss Ratings lowered shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,589.63.

ASML Company 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.