ASML Holding (NASDAQ:ASML) Holdings Raised by Eagle Rock Investment Company LLC

Eagle Rock Investment Company LLC lifted its position in ASML Holding (NASDAQ:ASML) by 51.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 441 shares of the semiconductor company’s stock after acquiring an additional 150 shares during the quarter. Eagle Rock Investment Company LLC’s holdings in ASML were worth $306,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fairway Wealth LLC purchased a new position in ASML in the third quarter valued at about $25,000. Resources Management Corp CT ADV bought a new position in ASML during the second quarter worth $26,000. Milestone Investment Advisors LLC bought a new stake in ASML in the 3rd quarter valued at $28,000. Fortitude Family Office LLC lifted its position in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares during the period. Finally, Brooklyn Investment Group bought a new stake in ASML in the 3rd quarter valued at $43,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of analyst reports. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Finally, Wells Fargo & Company increased their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $955.50.

ASML Stock Up 3.3 %

Shares of ASML opened at $750.28 on Friday. The business’s fifty day moving average price is $703.52 and its two-hundred day moving average price is $801.32. The firm has a market capitalization of $295.18 billion, a price-to-earnings ratio of 39.28, a PEG ratio of 2.30 and a beta of 1.47. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.24 by $0.56. The business had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, analysts predict that ASML Holding will post 20.57 earnings per share for the current year.

ASML 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.