Piedmont Capital Management LLC NC Makes New $313,000 Investment in ASML Holding N.V. $ASML

Piedmont Capital Management LLC NC acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML) during the 4th quarter, Holdings Channel reports. The fund acquired 293 shares of the semiconductor company’s stock, valued at approximately $313,000.

Several other large investors also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC increased its stake in ASML by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after acquiring an additional 132,353 shares during the last quarter. Capital International Investors increased its stake in ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after acquiring an additional 577,448 shares during the last quarter. Van ECK Associates Corp increased its stake in ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after acquiring an additional 305,435 shares during the last quarter. Bank of America Corp DE increased its stake in ASML by 8.3% during the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after acquiring an additional 142,763 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after acquiring an additional 1,022,532 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,863.55 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The firm has a market capitalization of $732.90 billion, a price-to-earnings ratio of 66.84, a PEG ratio of 1.49 and a beta of 1.82. The stock has a 50 day moving average price of $1,539.82 and a 200 day moving average price of $1,371.98. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,903.50.

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 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%. Sell-side analysts expect that ASML Holding N.V. will post 36.86 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on ASML shares. Morningstar cut ASML to a “sell” rating in a research note on Wednesday, May 27th. UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research report on Thursday. DZ Bank restated a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Four analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,589.63.

ASML News Roundup

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 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.