Clear Harbor Asset Management LLC raised its stake in ASML Holding (NASDAQ:ASML – Free Report) by 5.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,427 shares of the semiconductor company’s stock after purchasing an additional 183 shares during the quarter. Clear Harbor Asset Management LLC’s holdings in ASML were worth $2,375,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently modified their holdings of ASML. Fisher Asset Management LLC boosted its holdings in shares of ASML by 1.0% in the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after buying an additional 31,879 shares during the last quarter. Edgewood Management LLC boosted its stake in ASML by 3.3% in the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after acquiring an additional 70,776 shares during the last quarter. Van ECK Associates Corp grew its position in shares of ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after acquiring an additional 474,653 shares during the period. Windacre Partnership LLC increased its stake in shares of ASML by 4.0% during the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after purchasing an additional 25,600 shares during the last quarter. Finally, Lone Pine Capital LLC lifted its stake in ASML by 19.0% in the second quarter. Lone Pine Capital LLC now owns 587,891 shares of the semiconductor company’s stock valued at $601,254,000 after purchasing an additional 93,851 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on ASML shares. Sanford C. Bernstein dropped their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. BNP Paribas initiated coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Susquehanna decreased their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Wells Fargo & Company upped their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. decreased their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $955.50.
ASML Trading Up 0.8 %
Shares of ASML stock opened at $756.33 on Tuesday. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average is $706.71 and its 200-day moving average is $795.37. The stock has a market cap of $297.56 billion, a P/E ratio of 39.60, a P/E/G ratio of 2.35 and a beta of 1.47.
ASML Company Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
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