ASML Holding N.V. $ASML Stock Position Cut by Saturna Capital Corp

Saturna Capital Corp reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 0.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 320,088 shares of the semiconductor company’s stock after selling 1,369 shares during the quarter. ASML makes up about 4.5% of Saturna Capital Corp’s holdings, making the stock its 8th biggest holding. Saturna Capital Corp’s holdings in ASML were worth $342,449,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Binnacle Investments Inc boosted its holdings in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares in the last quarter. North Star Investment Management Corp. grew its position in shares of ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares during the period. Jessup Wealth Management Inc purchased a new stake in shares of ASML in the 4th quarter worth about $30,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of ASML in the 4th quarter worth about $32,000. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of ASML in the 4th quarter worth about $33,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of ASML stock opened at $1,734.19 on Thursday. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,831.11. The company’s 50-day moving average is $1,518.17 and its 200 day moving average is $1,359.24. The company has a market capitalization of $682.02 billion, a price-to-earnings ratio of 62.20, a price-to-earnings-growth ratio of 1.42 and a beta of 1.82. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The company had revenue of $10.15 billion for the quarter. Sell-side analysts expect that ASML Holding N.V. will post 36.93 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on ASML shares. Royal Bank Of Canada upped their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, May 13th. Barclays reaffirmed an “overweight” rating on shares of ASML in a research report on Thursday, June 4th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,589.63.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML received fresh bullish attention from analysts, with one report saying the stock has an average rating of “Moderate Buy” and BofA reportedly raising its price target while keeping a Buy rating, reinforcing confidence in the company’s long-term outlook. ASML Holding N.V. (NASDAQ:ASML) Receives Average Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Coverage highlighting ASML’s record-high share price and its first-ever rise above a $700 billion market value suggests strong investor demand and continued enthusiasm for the company’s dominant position in semiconductor equipment. ASML breaks $700B market cap barrier: Here’s the rally drivers and key risks
• Positive Sentiment: Reports that ASML is in discussions tied to Elon Musk’s proposed Terafab project point to potential future demand for ASML’s advanced lithography tools if the project moves ahead. ASML Weighs Musk Terafab Talks Against Valuation And Governance Questions
• Neutral Sentiment: ASML said it will cut fewer jobs than initially planned after reaching an agreement with Dutch unions, which may reduce near-term cost savings but also eases labor tensions. ASML to cut fewer jobs after talks with Dutch unions
• Neutral Sentiment: Some recent commentary flags valuation and governance questions after the stock’s sharp run-up, suggesting investors may be debating how much upside is already priced in. Assessing ASML Holding (NasdaqGS:ASML) Valuation After A Strong Multi-Period Share Price Run
• Negative Sentiment: Broader semiconductor sentiment looks less favorable in the near term, with reports noting that short sellers are piling into the sector and that the semiconductor index may be entering a correction. Semiconductor shorts pile on as winning trade reverses

About ASML

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.