Blackhawk Capital Partners LLC Has $3.26 Million Position in ASML Holding N.V. $ASML

Blackhawk Capital Partners LLC lowered its position in ASML Holding N.V. (NASDAQ:ASML) by 21.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,049 shares of the semiconductor company’s stock after selling 828 shares during the period. ASML accounts for 1.2% of Blackhawk Capital Partners LLC’s portfolio, making the stock its 21st largest holding. Blackhawk Capital Partners LLC’s holdings in ASML were worth $3,262,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ASML. Lafayette Investments Inc. grew its holdings in ASML by 3.1% during the fourth quarter. Lafayette Investments Inc. now owns 2,475 shares of the semiconductor company’s stock valued at $2,648,000 after purchasing an additional 75 shares during the last quarter. Centric Wealth Management grew its holdings in ASML by 17.2% during the fourth quarter. Centric Wealth Management now owns 409 shares of the semiconductor company’s stock valued at $438,000 after purchasing an additional 60 shares during the last quarter. Valeo Financial Advisors LLC grew its holdings in ASML by 15.0% during the fourth quarter. Valeo Financial Advisors LLC now owns 2,775 shares of the semiconductor company’s stock valued at $2,969,000 after purchasing an additional 361 shares during the last quarter. Brio Consultants LLC grew its holdings in ASML by 7.1% during the fourth quarter. Brio Consultants LLC now owns 256 shares of the semiconductor company’s stock valued at $274,000 after purchasing an additional 17 shares during the last quarter. Finally, Pure Financial Advisors LLC grew its holdings in ASML by 2.0% during the fourth quarter. Pure Financial Advisors LLC now owns 929 shares of the semiconductor company’s stock valued at $994,000 after purchasing an additional 18 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 1.6%

ASML opened at $1,565.81 on Tuesday. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,595.31. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $615.80 billion, a price-to-earnings ratio of 56.16, a P/E/G ratio of 1.31 and a beta of 1.81. The business has a 50 day moving average of $1,403.69 and a 200-day moving average of $1,268.10.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion during the quarter. As a group, sell-side analysts anticipate that ASML Holding N.V. will post 37.08 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on ASML. Grupo Santander downgraded ASML to an “underperform” rating in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Thursday, April 16th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, April 15th. Wells Fargo & Company reiterated an “overweight” rating and set a $1,750.00 price target on shares of ASML in a report on Thursday, April 16th. Finally, Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,504.38.

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.