Brown Advisory Inc. Decreases Holdings in ASML Holding N.V. $ASML

Brown Advisory Inc. cut its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 15.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 452,246 shares of the semiconductor company’s stock after selling 81,866 shares during the period. Brown Advisory Inc.’s holdings in ASML were worth $483,840,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in ASML. Arrowstreet Capital Limited Partnership raised its stake in ASML by 195.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after buying an additional 1,022,532 shares during the last quarter. Capital International Investors raised its stake in ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares during the last quarter. Alliancebernstein L.P. raised its stake in ASML by 75.6% during the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after buying an additional 340,518 shares during the last quarter. Van ECK Associates Corp raised its stake in ASML by 16.6% during the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after buying an additional 305,435 shares during the last quarter. Finally, BlueSpruce Investments LP raised its stake in ASML by 18,861.1% during the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock valued at $237,160,000 after buying an additional 243,685 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Down 1.9%

NASDAQ:ASML opened at $1,863.55 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The firm has a market capitalization of $732.90 billion, a price-to-earnings ratio of 66.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.82. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,903.50. The business has a fifty day moving average price of $1,539.82 and a 200-day moving average price of $1,369.29.

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

Wall Street Analyst Weigh In

ASML has been the subject of a number of research reports. Susquehanna reiterated a “positive” rating on shares of ASML in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Wells Fargo & Company restated an “overweight” rating and issued a $1,750.00 price objective on shares of ASML in a research note on Thursday, April 16th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Thursday. Finally, Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Four research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $1,589.63.

Trending Headlines about ASML

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

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.