Bessemer Group Inc. Grows Stock Holdings in ASML Holding N.V. $ASML

Bessemer Group Inc. grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 35.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 113,563 shares of the semiconductor company’s stock after purchasing an additional 29,828 shares during the period. Bessemer Group Inc.’s holdings in ASML were worth $121,496,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Fisher Asset Management LLC lifted its holdings in shares of ASML by 2.6% during the third quarter. Fisher Asset Management LLC now owns 4,352,596 shares of the semiconductor company’s stock valued at $4,213,705,000 after purchasing an additional 108,342 shares during the last quarter. Capital International Investors lifted its holdings in shares of ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after purchasing an additional 577,448 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after purchasing an additional 305,435 shares during the last quarter. WCM Investment Management LLC lifted its holdings in shares of ASML by 24.9% during the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after purchasing an additional 385,502 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of 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 valued at $1,805,733,000 after purchasing an additional 142,763 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ASML. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a report on Thursday, April 23rd. TD Cowen restated a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a report on Thursday, April 16th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a report on Wednesday. Finally, DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,504.38.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,501.81 on Friday. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,603.49. The firm has a market cap of $590.63 billion, a P/E ratio of 53.87, a PEG ratio of 1.30 and a beta of 1.81. The company has a 50 day moving average of $1,414.78 and a 200 day moving average of $1,280.97. 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 (NASDAQ:ASML) last announced 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 during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. As a group, research analysts expect that ASML Holding N.V. will post 37.09 EPS for the current fiscal 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.