Rathbones Group PLC Has $525,000 Position in ASML Holding N.V. $ASML

Rathbones Group PLC reduced its holdings in ASML Holding N.V. (NASDAQ:ASML) by 38.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 491 shares of the semiconductor company’s stock after selling 311 shares during the period. Rathbones Group PLC’s holdings in ASML were worth $525,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ASML. Binnacle Investments Inc raised its holdings in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the period. North Star Investment Management Corp. raised its holdings in ASML by 68.8% in the fourth 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 period. Kohmann Bosshard Financial Services LLC acquired a new stake in ASML in the fourth quarter worth $32,000. JPL Wealth Management LLC acquired a new stake in ASML in the third quarter worth $34,000. Finally, Wealth Watch Advisors INC acquired a new stake in ASML in the third quarter worth $34,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 2.6%

ASML stock opened at $1,632.90 on Friday. The company has a market cap of $642.19 billion, a P/E ratio of 58.57, a price-to-earnings-growth ratio of 1.34 and a beta of 1.81. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,653.53. The company has a fifty day simple moving average of $1,433.13 and a 200 day simple moving average of $1,297.67. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The business 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%. Research analysts anticipate that ASML Holding N.V. will post 37.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ASML shares. Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Susquehanna reiterated a “positive” rating on shares of ASML in a report on Thursday, April 9th. Royal Bank Of Canada increased their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,504.38.

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.