Meitav Investment House Ltd. Raises Stock Position in ASML Holding N.V. $ASML

Meitav Investment House Ltd. boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 10.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 3,578 shares of the semiconductor company’s stock after acquiring an additional 324 shares during the period. Meitav Investment House Ltd.’s holdings in ASML were worth $4,992,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Capstone Wealth Management Group LLC increased its stake in shares of ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC raised its position in shares of ASML by 141.1% during the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after purchasing an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in ASML by 153.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after buying an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after buying an additional 15 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in ASML by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after buying an additional 559 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of NASDAQ:ASML traded down $90.48 during midday trading on Tuesday, hitting $1,734.59. The company had a trading volume of 850,405 shares, compared to its average volume of 1,885,609. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,999.96. The stock has a market cap of $682.18 billion, a price-to-earnings ratio of 62.28, a price-to-earnings-growth ratio of 1.34 and a beta of 1.78. 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 business’s 50-day simple moving average is $1,668.56 and its 200-day simple moving average is $1,452.61.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The company had revenue of $10.15 billion for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. On average, research analysts predict that ASML Holding N.V. will post 36.62 earnings per share for the current year.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein reportedly argued that the market is underestimating ASML’s outlook, and another report said the stock rose more than 5% as the firm sees room for further gains after a very strong run this year. Bernstein Says the Street Is Badly Wrong on ASML
• Positive Sentiment: Susquehanna reiterated a Positive rating and raised its price target, reinforcing the bullish analyst tone around ASML’s order backlog and AI-driven demand. ASML Holding NV (ASML) A Top AI Stock to Buy on Soaring Order Backlog and Wafer Market Expansion
• Positive Sentiment: SK Hynix’s planned spending and Nasdaq listing are expected to support advanced equipment purchases, including ASML EUV systems, which highlights continued demand for ASML’s technology. SK Hynix plans to spend 11.9T won to acquire ASML’s EUV systems
• Positive Sentiment: ASML’s share buyback activity signals ongoing capital return to shareholders and can help support the stock. ASML reports transactions under its current share buyback program
• Neutral Sentiment: Wall Street analyst coverage remains generally constructive, but the Zacks article mainly reinforces existing sentiment rather than adding a major new catalyst. Wall Street Analysts Think ASML (ASML) Is a Good Investment: Is It?
• Neutral Sentiment: Broader chip-sector strength, including headlines around SK Hynix’s large Nasdaq listing, is helping sentiment across semiconductors and may indirectly lift ASML. SK hynix to launch $28bn Nasdaq listing amid global AI chip demand
• Negative Sentiment: Reports that Dutch trade officials are heading to China amid concerns over Nexperia and possible ASML export curbs could create regulatory and geopolitical risk for the company. Dutch trade minister heads to China as Nexperia dispute and ASML curbs loom

Analysts Set New Price Targets

ASML has been the topic of several research reports. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Weiss Ratings cut ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Susquehanna reissued a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. JPMorgan Chase & Co. raised their price objective on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,854.12.

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.