OneAscent Family Office LLC Buys New Stake in ASML Holding N.V. $ASML

OneAscent Family Office LLC bought a new stake in ASML Holding N.V. (NASDAQ:ASML) during the fourth quarter, Holdings Channel.com reports. The fund bought 468 shares of the semiconductor company’s stock, valued at approximately $501,000.

A number of other hedge funds have also recently modified their holdings of the stock. Parallel Advisors LLC grew its position in shares of ASML by 11.5% in the 4th quarter. Parallel Advisors LLC now owns 2,907 shares of the semiconductor company’s stock valued at $3,110,000 after buying an additional 300 shares during the last quarter. Victrix Investment Advisors grew its position in shares of ASML by 0.8% in the 4th quarter. Victrix Investment Advisors now owns 2,100 shares of the semiconductor company’s stock valued at $2,247,000 after buying an additional 16 shares during the last quarter. SlateStone Wealth LLC grew its position in shares of ASML by 0.7% in the 4th quarter. SlateStone Wealth LLC now owns 8,772 shares of the semiconductor company’s stock valued at $9,385,000 after buying an additional 58 shares during the last quarter. Harvest Fund Management Co. Ltd grew its position in shares of ASML by 50.1% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 14,541 shares of the semiconductor company’s stock valued at $15,542,000 after buying an additional 4,851 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its position in shares of ASML by 2.5% in the 4th quarter. J.W. Cole Advisors Inc. now owns 2,504 shares of the semiconductor company’s stock valued at $2,679,000 after buying an additional 60 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ASML shares. UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. Sanford C. Bernstein reissued a “buy” rating on shares of ASML in a research report on Monday, May 25th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research report on Wednesday. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Finally, Morningstar downgraded shares of ASML to a “sell” rating in a research report on Wednesday, May 27th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $1,589.63.

ASML Stock Down 6.6%

Shares of NASDAQ:ASML opened at $1,641.74 on Friday. The company has a market cap of $645.66 billion, a price-to-earnings ratio of 58.89, a PEG ratio of 1.44 and a beta of 1.82. The firm’s 50-day simple moving average is $1,490.67 and its 200-day simple moving average is $1,341.23. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,779.29.

ASML (NASDAQ:ASML) last issued 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 for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. As a group, equities research analysts predict that ASML Holding N.V. will post 37.01 earnings per share 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.