Werlinich Asset Management LLC Invests $1.36 Million in ASML Holding (NASDAQ:ASML)

Werlinich Asset Management LLC bought a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,960 shares of the semiconductor company's stock, valued at approximately $1,364,000.

A number of other hedge funds have also recently bought and sold shares of ASML. Resources Management Corp CT ADV acquired a new stake in ASML during the second quarter valued at approximately $26,000. Fairway Wealth LLC acquired a new stake in shares of ASML during the 3rd quarter valued at approximately $25,000. Milestone Investment Advisors LLC acquired a new stake in shares of ASML during the 3rd quarter valued at approximately $28,000. Fortitude Family Office LLC lifted its stake in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company's stock worth $39,000 after purchasing an additional 15 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new position in ASML in the third quarter worth $43,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Stock Performance

Shares of NASDAQ:ASML traded up $6.05 on Friday, hitting $756.33. The company's stock had a trading volume of 1,932,491 shares, compared to its average volume of 1,607,383. The company has a market capitalization of $297.56 billion, a price-to-earnings ratio of 39.60, a price-to-earnings-growth ratio of 2.30 and a beta of 1.47. 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 Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock's 50-day moving average is $704.98 and its two-hundred day moving average is $800.97.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. On average, equities research analysts forecast that ASML Holding will post 20.57 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on ASML. JPMorgan Chase & Co. decreased their price target on shares of ASML from $1,207.00 to $1,148.00 and set an "overweight" rating for the company in a report on Thursday, October 17th. Berenberg Bank upgraded ASML to a "strong-buy" rating in a research note on Wednesday, October 2nd. 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. Sanford C. Bernstein reduced their price objective on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research report on Friday, November 29th. Finally, BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 target price on the stock. Three 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 currently has a consensus rating of "Moderate Buy" and an average price target of $955.50.

About ASML

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.