Pacer Advisors Inc. lifted its position in ASML Holding NV (NASDAQ:ASML) by 57.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,348 shares of the semiconductor company’s stock after buying an additional 2,322 shares during the quarter. Pacer Advisors Inc.’s holdings in ASML were worth $1,320,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently modified their holdings of the company. FMR LLC grew its holdings in shares of ASML by 37.2% in the 1st quarter. FMR LLC now owns 4,484,787 shares of the semiconductor company’s stock worth $843,365,000 after purchasing an additional 1,215,606 shares during the last quarter. WCM Investment Management LLC raised its holdings in ASML by 2.2% during the 2nd quarter. WCM Investment Management LLC now owns 3,186,018 shares of the semiconductor company’s stock worth $662,469,000 after buying an additional 68,835 shares during the period. Fisher Asset Management LLC grew its stake in shares of ASML by 3.0% during the 2nd quarter. Fisher Asset Management LLC now owns 2,554,428 shares of the semiconductor company’s stock worth $531,142,000 after acquiring an additional 75,020 shares in the last quarter. BlackRock Inc. grew its stake in shares of ASML by 1.0% during the 1st quarter. BlackRock Inc. now owns 2,033,354 shares of the semiconductor company’s stock worth $382,373,000 after acquiring an additional 19,568 shares in the last quarter. Finally, Neuberger Berman Group LLC grew its stake in shares of ASML by 6.4% during the 1st quarter. Neuberger Berman Group LLC now owns 1,297,714 shares of the semiconductor company’s stock worth $243,895,000 after acquiring an additional 77,527 shares in the last quarter. Institutional investors and hedge funds own 16.97% of the company’s stock.
Several equities analysts recently weighed in on ASML shares. New Street Research cut shares of ASML from a “buy” rating to a “neutral” rating in a research note on Thursday, July 18th. Morgan Stanley initiated coverage on ASML in a report on Wednesday, June 19th. They set an “overweight” rating for the company. ValuEngine raised ASML from a “hold” rating to a “buy” rating in a research note on Tuesday, July 2nd. Royal Bank of Canada reaffirmed a “buy” rating on shares of ASML in a research note on Tuesday, July 16th. Finally, Santander downgraded ASML from a “buy” rating to a “hold” rating in a research note on Monday, July 15th. Seven equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $204.80.
ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, July 17th. The semiconductor company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.09 by $0.18. ASML had a return on equity of 21.30% and a net margin of 23.08%. The business had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.57 billion. During the same quarter last year, the company earned $1.37 EPS. On average, sell-side analysts expect that ASML Holding NV will post 6.8 earnings per share for the current year.
ASML Company Profile
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 Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.
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