Hanson & Doremus Investment Management Makes New Investment in ASML Holding (NASDAQ:ASML)

Hanson & Doremus Investment Management purchased a new stake in ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 225 shares of the semiconductor company’s stock, valued at approximately $156,000.

A number of other large investors also recently made changes to their positions in the stock. International Assets Investment Management LLC raised its stake in ASML by 94,079.7% during the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after buying an additional 491,096 shares during the period. Van ECK Associates Corp raised its stake in ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after buying an additional 474,653 shares during the period. Mediolanum International Funds Ltd acquired a new stake in ASML during the 3rd quarter worth $125,952,000. SG Americas Securities LLC raised its stake in ASML by 281.3% during the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock worth $108,601,000 after buying an additional 115,603 shares during the period. Finally, Pathway Financial Advisers LLC raised its stake in ASML by 97,001.7% during the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock worth $94,665,000 after buying an additional 113,492 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Up 3.4 %

Shares of NASDAQ:ASML opened at $736.99 on Friday. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company has a market capitalization of $289.95 billion, a P/E ratio of 38.59, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The company has a 50-day simple moving average of $716.70 and a 200 day simple moving average of $778.07. 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 (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.61% and a net margin of 26.40%. Sell-side analysts forecast that ASML Holding will post 20.54 earnings per share for the current year.

Analyst Ratings Changes

ASML has been the topic of several research analyst reports. Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Susquehanna decreased their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. JPMorgan Chase & Co. decreased their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML 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.