ASML Holding (NASDAQ:ASML) Shares Acquired by Empirical Asset Management LLC

Empirical Asset Management LLC increased its holdings in shares of ASML Holding (NASDAQ:ASML) by 2,825.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 84,191 shares of the semiconductor company’s stock after acquiring an additional 81,313 shares during the period. ASML makes up approximately 1.7% of Empirical Asset Management LLC’s portfolio, making the stock its 12th biggest holding. Empirical Asset Management LLC’s holdings in ASML were worth $58,351,000 as of its most recent SEC filing.

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

ASML Stock Performance

ASML stock opened at $750.28 on Friday. The stock’s 50-day moving average is $703.52 and its 200-day moving average is $801.32. The company has a market cap of $295.18 billion, a price-to-earnings ratio of 39.28, 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 current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.

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

Analysts Set New Price Targets

Several analysts have weighed in on ASML shares. Susquehanna lowered their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. JPMorgan Chase & Co. reduced their target price on 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. Sanford C. Bernstein reduced their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Finally, Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.