Triple Frond Partners LLC Has $114.24 Million Stake in ASML Holding N.V. $ASML

Triple Frond Partners LLC cut its stake in ASML Holding N.V. (NASDAQ:ASML) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 106,778 shares of the semiconductor company’s stock after selling 4,692 shares during the quarter. ASML accounts for about 11.9% of Triple Frond Partners LLC’s investment portfolio, making the stock its 3rd largest holding. Triple Frond Partners LLC’s holdings in ASML were worth $114,238,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Family Capital Management Inc. boosted its stake in shares of ASML by 0.8% in the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after buying an additional 7 shares during the last quarter. 44 Wealth Management LLC boosted its stake in shares of ASML by 1.1% in the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after buying an additional 7 shares during the last quarter. Sky Investment Group LLC boosted its stake in shares of ASML by 2.1% in the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock worth $411,000 after buying an additional 8 shares during the last quarter. White Lighthouse Investment Management Inc. boosted its stake in shares of ASML by 2.2% in the 4th quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock worth $390,000 after buying an additional 8 shares during the last quarter. Finally, Main Management ETF Advisors LLC boosted its stake in shares of ASML by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company’s stock worth $838,000 after buying an additional 8 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

Analyst Upgrades and Downgrades

ASML has been the topic of a number of research reports. Royal Bank Of Canada raised their price target on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Zacks Research upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 4th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a research report on Monday, May 25th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $1,750.00 target price on shares of ASML in a research report on Thursday, April 16th. Four equities 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,589.63.

ASML Price Performance

NASDAQ ASML opened at $1,863.55 on Friday. The company has a market capitalization of $732.90 billion, a PE ratio of 66.84, a price-to-earnings-growth ratio of 1.52 and a beta of 1.82. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The business’s fifty day moving average is $1,539.82 and its 200 day moving average is $1,369.29. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,903.50.

ASML (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The company had revenue of $10.15 billion for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Sell-side analysts predict that ASML Holding N.V. will post 36.93 earnings per share 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.