Foundations Investment Advisors LLC Boosts Stake in ASML Holding N.V. $ASML

Foundations Investment Advisors LLC grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 10.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,290 shares of the semiconductor company’s stock after buying an additional 3,293 shares during the quarter. Foundations Investment Advisors LLC’s holdings in ASML were worth $37,756,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Binnacle Investments Inc raised its position in ASML by 78.9% in the 2nd 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 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 period. Kohmann Bosshard Financial Services LLC purchased a new position in ASML in the 4th quarter worth $32,000. JPL Wealth Management LLC purchased a new position in ASML in the 3rd quarter worth $34,000. Finally, Wealth Watch Advisors INC purchased a new position in ASML in the 3rd quarter worth $34,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the topic of a number of analyst reports. Barclays upgraded shares of ASML to a “buy” rating in a research report on Tuesday, May 19th. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Royal Bank Of Canada lifted their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a research report on Monday. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, April 8th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,504.38.

ASML Price Performance

Shares of ASML stock opened at $1,597.87 on Thursday. The firm has a market cap of $628.41 billion, a PE ratio of 57.31, a price-to-earnings-growth ratio of 1.34 and a beta of 1.81. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,653.53. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The company’s fifty day simple moving average is $1,448.93 and its two-hundred day simple moving average is $1,311.69.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The business had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. As a group, equities analysts expect that ASML Holding N.V. will post 37.1 EPS for the current year.

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.