Allen Capital Group LLC Has $1.90 Million Stock Position in ASML Holding (NASDAQ:ASML)

Allen Capital Group LLC increased its stake in shares of ASML Holding (NASDAQ:ASML) by 23.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,743 shares of the semiconductor company’s stock after buying an additional 517 shares during the period. Allen Capital Group LLC’s holdings in ASML were worth $1,901,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Fairway Wealth LLC acquired a new position in shares of ASML during the 3rd quarter worth approximately $25,000. Milestone Investment Advisors LLC acquired a new stake in ASML during the third quarter worth approximately $28,000. Fortitude Family Office LLC increased its stake in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares during the period. Brooklyn Investment Group acquired a new position in ASML in the 3rd quarter valued at $43,000. Finally, Itau Unibanco Holding S.A. bought a new stake in shares of ASML during the 3rd quarter valued at $43,000. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on ASML shares. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Sanford C. Bernstein dropped their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Finally, Susquehanna decreased their target price on 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. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $946.60.

ASML Price Performance

Shares of ASML stock opened at $727.10 on Wednesday. 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 one year low of $645.45 and a one year high of $1,110.09. The stock has a market capitalization of $286.05 billion, a P/E ratio of 37.81, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The business’s 50 day simple moving average is $715.62 and its two-hundred day simple moving average is $778.53.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.40% and a return on equity of 47.61%. Analysts forecast that ASML Holding will post 20.54 EPS for the current year.

About ASML

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.