Baring Financial LLC Purchases Shares of 546 ASML Holding (NASDAQ:ASML)

Baring Financial LLC bought a new position in shares of ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 546 shares of the semiconductor company's stock, valued at approximately $378,000.

Other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in ASML by 41.1% in the second quarter. AQR Capital Management LLC now owns 1,974 shares of the semiconductor company's stock valued at $2,019,000 after acquiring an additional 575 shares during the last quarter. EP Wealth Advisors LLC grew its position in shares of ASML by 17.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 1,593 shares of the semiconductor company's stock worth $1,629,000 after buying an additional 232 shares during the period. Pathway Financial Advisers LLC increased its position in ASML by 50.0% in the 2nd quarter. Pathway Financial Advisers LLC now owns 117 shares of the semiconductor company's stock valued at $114,000 after buying an additional 39 shares in the last quarter. Truist Financial Corp raised its stake in ASML by 5.4% during the 2nd quarter. Truist Financial Corp now owns 39,971 shares of the semiconductor company's stock worth $40,880,000 after buying an additional 2,052 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in ASML by 5.7% in the second quarter. Cetera Investment Advisers now owns 24,692 shares of the semiconductor company's stock worth $25,254,000 after acquiring an additional 1,341 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. JPMorgan Chase & Co. decreased their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday. Berenberg Bank raised shares of ASML to a "strong-buy" rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein decreased 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. Finally, Susquehanna cut their target price 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. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $937.00.

ASML Stock Performance

Shares of ASML stock traded up $24.34 during trading hours on Thursday, reaching $736.99. The company had a trading volume of 2,719,647 shares, compared to its average volume of 2,074,569. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The firm has a market cap of $289.95 billion, a PE ratio of 38.59, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The business has a fifty day simple moving average of $716.70 and a 200 day simple moving average of $778.07.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, analysts anticipate that ASML Holding will post 20.54 earnings per share for the current fiscal 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.