ASML Holding (NASDAQ:ASML) Stake Reduced by Marcum Wealth LLC

Marcum Wealth LLC trimmed its stake in ASML Holding (NASDAQ:ASML) by 21.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 414 shares of the semiconductor company’s stock after selling 111 shares during the quarter. Marcum Wealth LLC’s holdings in ASML were worth $287,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. DekaBank Deutsche Girozentrale boosted its stake in ASML by 10.1% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 261 shares of the semiconductor company’s stock valued at $270,000 after purchasing an additional 24 shares during the period. William Blair Investment Management LLC raised its stake in shares of ASML by 8.6% in the 2nd quarter. William Blair Investment Management LLC now owns 8,562 shares of the semiconductor company’s stock worth $8,757,000 after buying an additional 676 shares in the last quarter. Wealthspire Advisors LLC grew its stake in shares of ASML by 7.6% in the 2nd quarter. Wealthspire Advisors LLC now owns 597 shares of the semiconductor company’s stock worth $611,000 after purchasing an additional 42 shares during the last quarter. Brown Brothers Harriman & Co. raised its holdings in shares of ASML by 51.0% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 1,397 shares of the semiconductor company’s stock worth $1,429,000 after purchasing an additional 472 shares in the last quarter. Finally, One Capital Management LLC lifted its stake in ASML by 99.6% during the second quarter. One Capital Management LLC now owns 461 shares of the semiconductor company’s stock valued at $471,000 after purchasing an additional 230 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

ASML opened at $736.29 on Wednesday. The stock has a 50-day moving average of $702.22 and a 200-day moving average of $801.85. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company has a market cap of $289.67 billion, a PE ratio of 38.55, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The company had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. As a group, equities research analysts forecast that ASML Holding will post 20.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

ASML has been the topic of several research reports. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. decreased their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Finally, Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.