ASML Holding N.V. $ASML Shares Purchased by Elevate Capital Advisors LLC

Elevate Capital Advisors LLC raised its position in ASML Holding N.V. (NASDAQ:ASML) by 32.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,572 shares of the semiconductor company’s stock after acquiring an additional 629 shares during the quarter. ASML makes up approximately 1.7% of Elevate Capital Advisors LLC’s portfolio, making the stock its 21st biggest position. Elevate Capital Advisors LLC’s holdings in ASML were worth $2,490,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Daymark Wealth Partners LLC lifted its stake in ASML by 25.3% during the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after purchasing an additional 941 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in ASML by 6.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 18,899 shares of the semiconductor company’s stock worth $15,153,000 after purchasing an additional 1,225 shares in the last quarter. Exchange Traded Concepts LLC lifted its position in shares of ASML by 30.1% during the 3rd quarter. Exchange Traded Concepts LLC now owns 13,919 shares of the semiconductor company’s stock worth $13,475,000 after buying an additional 3,217 shares during the last quarter. ST Germain D J Co. Inc. boosted its holdings in shares of ASML by 3.8% in the 3rd quarter. ST Germain D J Co. Inc. now owns 31,851 shares of the semiconductor company’s stock valued at $30,835,000 after buying an additional 1,171 shares in the last quarter. Finally, Vontobel Holding Ltd. grew its position in shares of ASML by 17.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 53,432 shares of the semiconductor company’s stock valued at $51,727,000 after buying an additional 8,118 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $1,263.72 on Thursday. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,291.48. The business’s 50-day moving average price is $1,088.57 and its two-hundred day moving average price is $935.13. The firm has a market cap of $497.00 billion, a PE ratio of 51.43, a P/E/G ratio of 1.88 and a beta of 1.86. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company had revenue of $8.80 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter last year, the firm posted $5.28 earnings per share. ASML’s revenue was up .7% compared to the same quarter last year. As a group, research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 22nd. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Wednesday, December 10th. Bank of America upped their target price on ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Monday. Finally, Mizuho raised ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Three analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average target price of $1,345.29.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.