Tensor Edge Capital LLC Has $30.40 Million Stake in ASML Holding N.V. $ASML

Tensor Edge Capital LLC raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 49.0% during the 1st quarter, HoldingsChannel reports. The firm owned 23,014 shares of the semiconductor company’s stock after purchasing an additional 7,564 shares during the quarter. ASML comprises 5.2% of Tensor Edge Capital LLC’s holdings, making the stock its 10th biggest position. Tensor Edge Capital LLC’s holdings in ASML were worth $30,398,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC lifted its stake in shares of ASML by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after buying an additional 132,353 shares during the last quarter. Capital International Investors grew its stake in ASML by 17.3% in 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. Van ECK Associates Corp grew its stake in ASML by 16.6% in 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. Bank of America Corp DE raised its holdings in ASML by 8.3% in the 3rd quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after acquiring an additional 142,763 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after acquiring an additional 1,022,532 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ:ASML opened at $1,769.32 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. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96. The company has a fifty day moving average price of $1,668.56 and a 200 day moving average price of $1,450.06. The stock has a market cap of $695.84 billion, a P/E ratio of 63.46, a PEG ratio of 1.34 and a beta of 1.78.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (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. Analysts anticipate that ASML Holding N.V. will post 36.62 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on ASML shares. Wall Street Zen cut shares of ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Zacks Research upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 4th. Wells Fargo & Company boosted their price objective on ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. UBS Group restated a “buy” rating on shares of ASML in a research note on Wednesday. Finally, Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a report 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,772.62.

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.