ASML Holding NV (ASML) Stake Increased by Silvercrest Asset Management Group LLC

Silvercrest Asset Management Group LLC grew its stake in shares of ASML Holding NV (NASDAQ:ASML) by 1.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,413 shares of the semiconductor company’s stock after acquiring an additional 340 shares during the quarter. Silvercrest Asset Management Group LLC’s holdings in ASML were worth $5,245,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Gravity Companies Inc. purchased a new stake in shares of ASML during the 4th quarter valued at about $100,000. Clearwater Capital Advisors LLC purchased a new stake in shares of ASML during the 1st quarter valued at about $114,000. Institutional & Family Asset Management LLC purchased a new stake in shares of ASML during the 1st quarter valued at about $115,000. Delek Group Ltd. purchased a new stake in shares of ASML during the 4th quarter valued at about $111,000. Finally, We Are One Seven LLC purchased a new stake in shares of ASML during the 4th quarter valued at about $117,000. 16.84% of the stock is currently owned by hedge funds and other institutional investors.

ASML opened at $213.75 on Thursday, according to Marketbeat. The company has a current ratio of 2.94, a quick ratio of 1.91 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $89.69 billion, a P/E ratio of 38.38, a price-to-earnings-growth ratio of 1.64 and a beta of 1.15. ASML Holding NV has a 12-month low of $127.00 and a 12-month high of $216.00.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, April 18th. The semiconductor company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.17. ASML had a net margin of 24.30% and a return on equity of 21.49%. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter last year, the firm posted $1.23 earnings per share. The firm’s revenue was up 17.5% compared to the same quarter last year. equities research analysts predict that ASML Holding NV will post 6.9 earnings per share for the current year.

A number of brokerages have recently issued reports on ASML. BidaskClub raised shares of ASML from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 6th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a report on Tuesday. Royal Bank of Canada raised shares of ASML from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $218.00 to $235.00 in a report on Wednesday. Cowen assumed coverage on shares of ASML in a report on Monday, May 14th. They issued a “market perform” rating on the stock. Finally, Mizuho assumed coverage on shares of ASML in a report on Monday, May 21st. They issued a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $199.86.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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