ASML Holding N.V. (ASML) Holdings Raised by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 5.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,228,707 shares of the semiconductor company’s stock after acquiring an additional 122,552 shares during the period. Artisan Partners Limited Partnership owned approximately 0.52% of ASML Holding N.V. worth $290,423,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. FMR LLC increased its position in shares of ASML Holding N.V. by 345.0% during the first quarter. FMR LLC now owns 3,728,677 shares of the semiconductor company’s stock valued at $495,168,000 after acquiring an additional 2,890,835 shares during the last quarter. BlackRock Inc. increased its position in shares of ASML Holding N.V. by 1,837.0% during the first quarter. BlackRock Inc. now owns 2,544,452 shares of the semiconductor company’s stock valued at $337,903,000 after acquiring an additional 2,413,090 shares during the last quarter. Waddell & Reed Financial Inc. increased its position in shares of ASML Holding N.V. by 860.7% during the first quarter. Waddell & Reed Financial Inc. now owns 1,990,999 shares of the semiconductor company’s stock valued at $264,405,000 after acquiring an additional 1,783,759 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of ASML Holding N.V. by 235.7% during the second quarter. Fisher Asset Management LLC now owns 1,950,698 shares of the semiconductor company’s stock valued at $254,196,000 after acquiring an additional 1,369,671 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of ASML Holding N.V. by 13.5% during the first quarter. Bank of America Corp DE now owns 833,763 shares of the semiconductor company’s stock valued at $110,724,000 after acquiring an additional 98,938 shares during the last quarter. Institutional investors and hedge funds own 16.08% of the company’s stock.

A number of equities research analysts have weighed in on ASML shares. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of ASML Holding N.V. in a research report on Wednesday, May 31st. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML Holding N.V. in a research report on Wednesday, June 7th. Citigroup Inc. upgraded shares of ASML Holding N.V. from a “neutral” rating to a “buy” rating in a research report on Wednesday, June 14th. Zacks Investment Research upgraded shares of ASML Holding N.V. from a “hold” rating to a “buy” rating and set a $144.00 price target for the company in a research report on Wednesday, June 21st. Finally, Bank of America Corporation reiterated a “buy” rating and set a $165.00 price target (up from $140.00) on shares of ASML Holding N.V. in a research report on Sunday, June 25th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. ASML Holding N.V. presently has an average rating of “Buy” and a consensus target price of $158.00.

Shares of ASML Holding N.V. (NASDAQ ASML) traded up 0.61% on Friday, hitting $162.41. 632,294 shares of the company were exchanged. ASML Holding N.V. has a 52-week low of $98.71 and a 52-week high of $163.13. The firm has a market cap of $69.92 billion, a P/E ratio of 31.51 and a beta of 1.09. The company has a 50-day moving average price of $154.82 and a 200 day moving average price of $138.30.

ASML Holding N.V. (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, July 19th. The semiconductor company reported $1.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.06 by $0.02. ASML Holding N.V. had a net margin of 23.69% and a return on equity of 18.48%. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter last year, the firm posted $0.83 earnings per share. ASML Holding N.V.’s revenue for the quarter was up 20.7% compared to the same quarter last year. Analysts predict that ASML Holding N.V. will post $5.00 EPS for the current fiscal year.

ASML Holding N.V. declared that its board has approved a stock buyback plan on Wednesday, July 19th that allows the company to repurchase outstanding shares. This repurchase authorization allows the semiconductor company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

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About ASML Holding N.V.

ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.

Institutional Ownership by Quarter for ASML Holding N.V. (NASDAQ:ASML)

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