Dynasty Wealth Management LLC Acquires Shares of 2,685 ASML Holding N.V. $ASML

Dynasty Wealth Management LLC purchased a new stake in ASML Holding N.V. (NASDAQ:ASML) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 2,685 shares of the semiconductor company’s stock, valued at approximately $2,600,000.

A number of other hedge funds also recently added to or reduced their stakes in ASML. Manning & Napier Advisors LLC purchased a new stake in ASML in the 3rd quarter valued at approximately $25,000. Princeton Global Asset Management LLC grew its holdings in ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 20 shares during the period. City Holding Co. purchased a new position in shares of ASML in the 3rd quarter worth $26,000. Binnacle Investments Inc lifted its stake in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. purchased a new position in shares of ASML in the 2nd quarter valued at $30,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

NASDAQ ASML opened at $1,358.57 on Tuesday. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,375.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The stock has a market capitalization of $534.30 billion, a PE ratio of 55.29, a P/E/G ratio of 1.99 and a beta of 1.86. The stock has a 50-day simple moving average of $1,107.84 and a 200 day simple moving average of $947.80.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ASML. Hsbc Global Res upgraded ASML to a “strong-buy” rating in a research note on Monday, October 6th. Weiss Ratings downgraded ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. New Street Research reaffirmed a “neutral” rating on shares of ASML in a report on Monday, October 6th. DZ Bank reissued a “neutral” rating on shares of ASML in a research note on Wednesday, October 15th. Finally, Redburn Partners set a $1,200.00 target price on ASML in a research note on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,392.75.

About ASML

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.