ASML Holding N.V. $ASML Position Trimmed by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. lessened its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,316 shares of the semiconductor company’s stock after selling 742 shares during the quarter. Thornburg Investment Management Inc.’s holdings in ASML were worth $21,735,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cornerstone Financial Management LLC purchased a new position in ASML during the 4th quarter valued at about $26,000. Resources Management Corp CT ADV grew its stake in ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares in the last quarter. North Star Investment Management Corp. grew its stake in ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares in the last quarter. Jessup Wealth Management Inc purchased a new position in ASML during the 4th quarter valued at about $30,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in ASML during the 4th quarter valued at about $32,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on ASML shares. Weiss Ratings cut ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $1,750.00 target price on shares of ASML in a research note on Thursday, April 16th. Finally, Berenberg Bank reissued a “buy” rating on shares of ASML in a research note on Friday, May 8th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,589.63.

ASML Price Performance

Shares of ASML stock opened at $1,863.55 on Monday. The stock has a market capitalization of $732.90 billion, a P/E ratio of 66.84, a PEG ratio of 1.49 and a beta of 1.82. 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 stock has a 50 day moving average price of $1,539.82 and a two-hundred day moving average price of $1,371.98. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,903.50.

ASML (NASDAQ:ASML) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The firm had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Equities analysts expect that ASML Holding N.V. will post 36.86 earnings per share for the current year.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

ASML Company 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.