ASML Holding N.V. $ASML Shares Purchased by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC raised its stake in ASML Holding N.V. (NASDAQ:ASML) by 9.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,034 shares of the semiconductor company’s stock after acquiring an additional 432 shares during the quarter. Verdence Capital Advisors LLC’s holdings in ASML were worth $5,336,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Daymark Wealth Partners LLC grew its stake in ASML by 25.3% in the 2nd quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after acquiring an additional 941 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of ASML by 6.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 18,899 shares of the semiconductor company’s stock worth $15,153,000 after purchasing an additional 1,225 shares during the last quarter. Exchange Traded Concepts LLC grew its position in shares of ASML by 30.1% in the third quarter. Exchange Traded Concepts LLC now owns 13,919 shares of the semiconductor company’s stock valued at $13,475,000 after purchasing an additional 3,217 shares during the period. ST Germain D J Co. Inc. increased its stake in ASML by 3.8% in the third quarter. ST Germain D J Co. Inc. now owns 31,851 shares of the semiconductor company’s stock valued at $30,835,000 after purchasing an additional 1,171 shares during the last quarter. Finally, Vontobel Holding Ltd. lifted its position in ASML by 17.9% during the third quarter. Vontobel Holding Ltd. now owns 53,432 shares of the semiconductor company’s stock worth $51,727,000 after buying an additional 8,118 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on ASML. JPMorgan Chase & Co. upped their price objective on shares of ASML from $1,275.00 to $1,518.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Friday, October 10th. Citigroup reissued a “buy” rating on shares of ASML in a research note on Wednesday, December 10th. Wells Fargo & Company increased their target price on ASML from $1,140.00 to $1,450.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, New Street Research reissued a “neutral” rating on shares of ASML in a research report on Monday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,392.75.

ASML Trading Up 2.0%

Shares of ASML opened at $1,358.57 on Tuesday. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,375.37. The stock’s 50-day moving average is $1,107.84 and its two-hundred day moving average is $947.80. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The stock has a market cap of $534.30 billion, a PE ratio of 55.29, a P/E/G ratio of 1.99 and a beta of 1.86.

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.