Channel Wealth LLC lifted its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 11.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,285 shares of the semiconductor company's stock after acquiring an additional 640 shares during the quarter. ASML accounts for approximately 1.4% of Channel Wealth LLC's portfolio, making the stock its 19th largest holding. Channel Wealth LLC's holdings in ASML were worth $4,356,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. increased its holdings in shares of ASML by 24.5% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company's stock valued at $51,000 after purchasing an additional 12 shares in the last quarter. Matrix Private Capital Group LLC lifted its position in shares of ASML by 5.5% during the 2nd quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company's stock valued at $254,000 after acquiring an additional 13 shares during the period. Bruce G. Allen Investments LLC boosted its stake in shares of ASML by 21.2% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company's stock worth $67,000 after acquiring an additional 14 shares in the last quarter. Fortitude Family Office LLC grew its holdings 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, Farther Finance Advisors LLC increased its stake in ASML by 1.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company's stock valued at $768,000 after purchasing an additional 15 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.
ASML Trading Up 0.8 %
ASML traded up $5.96 during trading on Friday, hitting $756.24. The company's stock had a trading volume of 1,734,861 shares, compared to its average volume of 1,571,622. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The firm's 50 day moving average price is $704.98 and its 200-day moving average price is $800.97. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The stock has a market cap of $297.52 billion, a PE ratio of 39.59, a PEG ratio of 2.30 and a beta of 1.47.
ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.24 by $0.56. The firm had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, analysts expect that ASML Holding will post 20.57 earnings per share for the current year.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the company. Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a "positive" rating for the company in a research report on Friday, October 11th. BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price objective on the stock. Morgan Stanley cut shares of ASML from an "overweight" rating to an "equal weight" rating in a research report on Friday, September 20th. JPMorgan Chase & Co. lowered 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. Finally, Berenberg Bank upgraded ASML to a "strong-buy" rating in a research report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $955.50.
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About ASML
(
Free Report)
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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