McGuire Investment Group LLC Boosts Holdings in ASML Holding (NASDAQ:ASML)

McGuire Investment Group LLC raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 2.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,163 shares of the semiconductor company’s stock after acquiring an additional 290 shares during the quarter. McGuire Investment Group LLC’s holdings in ASML were worth $9,816,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Armstrong Advisory Group Inc. raised its stake in shares of ASML by 24.5% during the third quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 12 shares during the period. Matrix Private Capital Group LLC raised its stake in shares of ASML by 5.5% during the second quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company’s stock valued at $254,000 after purchasing an additional 13 shares during the period. Bruce G. Allen Investments LLC raised its stake in shares of ASML by 21.2% during the third quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock valued at $67,000 after purchasing an additional 14 shares during the period. Steigerwald Gordon & Koch Inc. raised its stake in shares of ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares during the period. Finally, Fortitude Family Office LLC increased its stake in shares of ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research analyst reports. JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Susquehanna dropped their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, Sanford C. Bernstein dropped their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $955.50.

ASML Stock Down 1.9 %

ASML stock opened at $732.25 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The firm has a fifty day moving average price of $713.22 and a two-hundred day moving average price of $790.48. The firm has a market cap of $288.08 billion, a price-to-earnings ratio of 38.34, a PEG ratio of 2.39 and a beta of 1.47.

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.