ASML Holding N.V. $ASML Shares Sold by Meritage Portfolio Management

Meritage Portfolio Management cut its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 36.0% during the 3rd quarter, Holdings Channel reports. The firm owned 14,913 shares of the semiconductor company’s stock after selling 8,381 shares during the period. ASML comprises 1.0% of Meritage Portfolio Management’s investment portfolio, making the stock its 17th largest position. Meritage Portfolio Management’s holdings in ASML were worth $14,437,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of ASML. Capstone Wealth Management Group LLC raised its position in ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after acquiring an additional 124 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of ASML by 141.1% in the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after purchasing an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of ASML by 153.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after buying an additional 10,411 shares during the period. Apella Capital LLC boosted its stake in ASML by 7.6% in the 2nd quarter. Apella Capital LLC now owns 410 shares of the semiconductor company’s stock worth $322,000 after purchasing an additional 29 shares during the period. Finally, Fiduciary Alliance LLC purchased a new position in ASML during the 2nd quarter worth approximately $1,956,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 0.5%

Shares of NASDAQ:ASML opened at $1,263.72 on Thursday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $497.00 billion, a PE ratio of 51.43, a P/E/G ratio of 1.88 and a beta of 1.86. The firm has a fifty day moving average price of $1,088.57 and a 200 day moving average price of $935.13. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,291.48.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. The business had revenue of $8.80 billion for the quarter, compared to the consensus estimate of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm’s revenue was up .7% compared to the same quarter last year. During the same period last year, the business earned $5.28 EPS. Analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

Analyst Ratings Changes

ASML has been the subject of a number of research analyst reports. Weiss Ratings lowered ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday. Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Thursday, October 16th. Finally, UBS Group reissued a “buy” rating on shares of ASML in a research report on Thursday, December 11th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,345.29.

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.