Mill Capital Management LLC Increases Position in ASML Holding N.V. $ASML

Mill Capital Management LLC boosted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 12.5% during the third quarter, HoldingsChannel.com reports. The firm owned 20,145 shares of the semiconductor company’s stock after purchasing an additional 2,246 shares during the period. ASML makes up approximately 1.4% of Mill Capital Management LLC’s holdings, making the stock its 23rd largest holding. Mill Capital Management LLC’s holdings in ASML were worth $19,502,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Daymark Wealth Partners LLC increased its position in shares of ASML by 25.3% during the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock valued at $3,738,000 after acquiring an additional 941 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew 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 buying an additional 1,225 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of ASML by 30.1% during the third quarter. Exchange Traded Concepts LLC now owns 13,919 shares of the semiconductor company’s stock worth $13,475,000 after purchasing an additional 3,217 shares during the period. ST Germain D J Co. Inc. lifted its stake in shares of 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 period. Finally, Vontobel Holding Ltd. grew its holdings in shares of ASML by 17.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 53,432 shares of the semiconductor company’s stock worth $51,727,000 after acquiring an additional 8,118 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ASML. Rothschild Redb raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Bank of America boosted their price target on ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Friday, October 10th. Finally, Morgan Stanley restated an “overweight” rating on shares of ASML in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,392.75.

ASML Trading Down 2.1%

Shares of ASML opened at $1,329.79 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 $522.98 billion, a PE ratio of 54.18, a P/E/G ratio of 1.99 and a beta of 1.86.

ASML 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.