ASML Holding N.V. $ASML Position Trimmed by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. decreased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 12.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,265 shares of the semiconductor company’s stock after selling 7,162 shares during the period. ASML comprises 2.1% of Stock Yards Bank & Trust Co.’s portfolio, making the stock its 12th largest holding. Stock Yards Bank & Trust Co.’s holdings in ASML were worth $67,712,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP grew its stake in ASML by 4.1% in the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after purchasing an additional 38,660 shares in the last quarter. Gradient Investments LLC raised its stake in shares of ASML by 424.3% during the 4th quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after purchasing an additional 11,644 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its stake in shares of ASML by 314.0% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock worth $23,841,000 after purchasing an additional 18,677 shares in the last quarter. Bingham Private Wealth LLC acquired a new stake in shares of ASML during the 4th quarter valued at about $1,444,000. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of ASML by 3.5% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock valued at $24,036,000 after buying an additional 760 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

ASML opened at $1,843.04 on Thursday. The company has a market cap of $724.83 billion, a PE ratio of 66.11, a price-to-earnings-growth ratio of 1.51 and a beta of 1.78. The stock has a 50-day moving average of $1,655.84 and a 200-day moving average of $1,442.96. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,999.96. 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 issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 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 for the quarter. As a group, equities research analysts forecast that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. boosted their price target on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research report on Wednesday, June 3rd. Zacks Research upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 4th. Sanford C. Bernstein reissued a “buy” rating on shares of ASML in a research report on Monday, June 15th. Finally, Weiss Ratings lowered shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Four 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 issued a Sell rating to the stock. According to MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $1,772.62.

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.