Janney Montgomery Scott LLC Acquires 3,926 Shares of ASML Holding N.V. $ASML

Janney Montgomery Scott LLC boosted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 7.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,508 shares of the semiconductor company’s stock after purchasing an additional 3,926 shares during the period. Janney Montgomery Scott LLC’s holdings in ASML were worth $73,317,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Fisher Asset Management LLC grew its holdings in shares of ASML by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after purchasing an additional 132,353 shares during the last quarter. Capital International Investors lifted its position in ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after buying an additional 577,448 shares in the last quarter. Van ECK Associates Corp lifted its position in ASML by 16.6% during the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after buying an additional 305,435 shares in the last quarter. Bank of America Corp DE grew its holdings in ASML by 8.3% during the 3rd quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after acquiring an additional 142,763 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in ASML by 195.8% during 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 acquiring an additional 1,022,532 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of several research analyst reports. UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. Bank of America boosted their target price on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Freedom Capital upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Wells Fargo & Company boosted their price objective on ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Finally, Sanford C. Bernstein restated a “buy” rating on shares of ASML in a research report on Monday, June 15th. Four research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,772.62.

ASML Trading Down 2.5%

ASML opened at $1,794.62 on Friday. The firm’s fifty day moving average is $1,628.47 and its two-hundred day moving average is $1,424.18. The firm has a market cap of $705.79 billion, a PE ratio of 64.37, a price-to-earnings-growth ratio of 1.36 and a beta of 1.82. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,959.04. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The company had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Equities research analysts anticipate that ASML Holding N.V. will post 36.69 EPS for the current year.

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.