Baring Financial LLC Makes New $378,000 Investment in ASML Holding (NASDAQ:ASML)

Baring Financial LLC bought a new stake in ASML Holding (NASDAQ:ASML) during the 4th quarter, according to the company in its most recent disclosure 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 also recently modified their holdings of the company. AQR Capital Management LLC lifted its stake 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 buying an additional 575 shares during the period. EP Wealth Advisors LLC boosted its position in shares of ASML by 17.0% during the second quarter. EP Wealth Advisors LLC now owns 1,593 shares of the semiconductor company’s stock worth $1,629,000 after purchasing an additional 232 shares in the last quarter. Pathway Financial Advisers LLC increased its position in shares of 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 lifted its holdings in ASML by 5.7% during 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. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML opened at $712.65 on Thursday. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The firm has a fifty day simple moving average of $715.62 and a 200 day simple moving average of $778.53. The stock has a market capitalization of $280.37 billion, a price-to-earnings ratio of 37.31, a PEG ratio of 2.39 and a beta of 1.47.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.40% and a return on equity of 47.61%. Research analysts forecast that ASML Holding will post 20.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Susquehanna lowered their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Finally, Wells Fargo & Company boosted their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $946.60.

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.