ASML Holding N.V. $ASML Holdings Raised by Harbor Investment Advisory LLC

Harbor Investment Advisory LLC raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 31.0% in the first quarter, HoldingsChannel reports. The institutional investor owned 1,179 shares of the semiconductor company’s stock after purchasing an additional 279 shares during the period. Harbor Investment Advisory LLC’s holdings in ASML were worth $1,557,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Cornerstone Financial Management LLC purchased a new stake in shares of ASML during the fourth quarter worth $26,000. Portus Wealth Advisors LLC purchased a new position in ASML in the first quarter valued at about $32,000. Resources Management Corp CT ADV grew its stake in ASML by 1,150.0% in the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 23 shares in the last quarter. North Star Investment Management Corp. increased its position in ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc acquired a new position in ASML in the 4th quarter worth about $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ASML shares. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Berenberg Bank restated a “buy” rating on shares of ASML in a report on Friday, May 8th. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 4th. Royal Bank Of Canada lifted their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Finally, Citigroup reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,772.62.

ASML Price Performance

NASDAQ ASML opened at $1,843.04 on Thursday. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,999.96. The stock’s 50-day moving average is $1,655.84 and its two-hundred day moving average is $1,442.96. The firm has a market cap of $724.83 billion, a P/E ratio of 66.11, a price-to-earnings-growth ratio of 1.51 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78.

ASML (NASDAQ:ASML) last released 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 return on equity of 48.69% and a net margin of 27.65%. On average, analysts anticipate that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal 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.