Geneva Advisors LLC increased its stake in ASML Holding N.V. (NASDAQ:ASML) by 12.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 21,070 shares of the semiconductor company’s stock after buying an additional 2,401 shares during the period. Geneva Advisors LLC’s holdings in ASML Holding N.V. were worth $2,746,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. US Bancorp DE boosted its position in shares of ASML Holding N.V. by 1.9% in the first quarter. US Bancorp DE now owns 5,188 shares of the semiconductor company’s stock valued at $688,000 after buying an additional 96 shares during the last quarter. Checchi Capital Advisers LLC boosted its position in shares of ASML Holding N.V. by 0.4% in the first quarter. Checchi Capital Advisers LLC now owns 2,444 shares of the semiconductor company’s stock valued at $325,000 after buying an additional 10 shares during the last quarter. Advisors Asset Management Inc. boosted its position in shares of ASML Holding N.V. by 2.8% in the first quarter. Advisors Asset Management Inc. now owns 6,297 shares of the semiconductor company’s stock valued at $836,000 after buying an additional 169 shares during the last quarter. First Trust Advisors LP boosted its position in shares of ASML Holding N.V. by 307.9% in the first quarter. First Trust Advisors LP now owns 51,734 shares of the semiconductor company’s stock valued at $6,870,000 after buying an additional 39,050 shares during the last quarter. Finally, Trillium Asset Management LLC boosted its position in shares of ASML Holding N.V. by 0.9% in the first quarter. Trillium Asset Management LLC now owns 36,798 shares of the semiconductor company’s stock valued at $4,887,000 after buying an additional 329 shares during the last quarter. 16.71% of the stock is currently owned by institutional investors and hedge funds.
Shares of ASML Holding N.V. (NASDAQ:ASML) opened at 154.22 on Friday. ASML Holding N.V. has a 1-year low of $98.71 and a 1-year high of $155.73.
ASML Holding N.V. (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, July 19th. The semiconductor company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.02. ASML Holding N.V. had a net margin of 23.69% and a return on equity of 18.48%. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same period last year, the firm earned $0.83 earnings per share. ASML Holding N.V.’s revenue for the quarter was up 20.7% compared to the same quarter last year. On average, equities research analysts forecast that ASML Holding N.V. will post $4.96 EPS for the current year.
ASML Holding N.V. declared that its board has approved a share repurchase program on Wednesday, July 19th that allows the company to buyback outstanding shares. This buyback authorization allows the semiconductor company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.
Several equities analysts have recently commented on the stock. B. Riley reaffirmed a “neutral” rating and set a $162.00 price target on shares of ASML Holding N.V. in a research report on Saturday, July 22nd. Royal Bank Of Canada increased their price target on shares of ASML Holding N.V. from $135.00 to $155.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 20th. Bank of America Corporation reaffirmed a “buy” rating and set a $165.00 price target (up previously from $140.00) on shares of ASML Holding N.V. in a research report on Sunday, June 25th. Zacks Investment Research raised shares of ASML Holding N.V. from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a research report on Tuesday, June 27th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of ASML Holding N.V. in a research report on Wednesday, May 31st. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $158.00.
About ASML Holding N.V.
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
Receive News & Ratings for ASML Holding N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML Holding N.V. and related companies with MarketBeat.com's FREE daily email newsletter.
