HBW Advisory Services LLC Has $1.95 Million Stake in ASML Holding N.V. $ASML
by Mitch Edgeman · The Markets DailyHBW Advisory Services LLC lowered its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 18.9% during the first quarter, HoldingsChannel.com reports. The fund owned 1,477 shares of the semiconductor company’s stock after selling 345 shares during the quarter. HBW Advisory Services LLC’s holdings in ASML were worth $1,951,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Cornerstone Financial Management LLC bought a new position in shares of ASML in the 4th quarter worth about $26,000. Binnacle Investments Inc boosted its position 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 purchasing an additional 15 shares in the last quarter. Resources Management Corp CT ADV boosted its position in shares of ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 23 shares in the last quarter. North Star Investment Management Corp. grew its stake in ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the period. Finally, Jessup Wealth Management Inc acquired a new stake in ASML during the fourth quarter worth approximately $30,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Trading Down 4.0%
NASDAQ ASML opened at $1,726.04 on Tuesday. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The business has a fifty day simple moving average of $1,711.42 and a 200 day simple moving average of $1,483.36. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The firm has a market capitalization of $678.82 billion, a P/E ratio of 61.91, a PEG ratio of 1.36 and a beta of 1.78.
ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $10.15 billion for the quarter. On average, analysts predict that ASML Holding N.V. will post 36.62 EPS for the current fiscal year.
ASML News Roundup
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Analysts and market previews suggest ASML may raise guidance again on strong semiconductor demand, a potential catalyst for the stock if confirmed. ASML Expected to Raise Guidance Again on Strong Semiconductor Demand — Earnings Preview
- Positive Sentiment: Pre-earnings coverage says ASML could post solid quarterly growth, with one report highlighting expectations for about 15% year-over-year EPS growth, which may support the shares. ASML is kicking off tech earnings. Here’s what to expect from Europe’s biggest semiconductor supplier.
- Positive Sentiment: Some investors view ASML’s upcoming earnings as a potential upside event that could lift the entire semiconductor sector if the company delivers a strong report. ASML Holding’s Next Earnings Report on July 15 Could Send the Stock Soaring. Here’s Why.
- Neutral Sentiment: Investors are watching for commentary on ASML’s capacity constraints, valuation, and exposure to China as the company reports earnings, but these issues could cut both ways depending on management’s outlook. Chip toolmaker ASML expected to shine light on capacity and China challenges
- Negative Sentiment: Reuters also highlights ongoing U.S. export restrictions and China-related challenges, while separate coverage noted a prototype EUV lithography machine from China, both of which could pressure sentiment if they suggest longer-term competition or slower sales growth. China rolls out 1st prototype EUV lithography machine challenging ASML
Analyst Ratings Changes
ASML has been the topic of several recent analyst reports. Barclays reissued a “buy” rating on shares of ASML in a research note on Monday, June 29th. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research report on Friday, May 8th. DZ Bank reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Finally, Citigroup reissued a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,854.12.
View Our Latest Report on ASML
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.
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