ASML Holding (NASDAQ:ASML) Position Increased by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of ASML Holding (NASDAQ:ASML) by 11.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 402 shares of the semiconductor company’s stock after acquiring an additional 41 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in ASML were worth $279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in ASML. Fairway Wealth LLC bought a new position in ASML in the 3rd quarter worth approximately $25,000. Milestone Investment Advisors LLC bought a new position in shares of ASML in the third quarter worth $28,000. Fortitude Family Office LLC increased its holdings in shares of ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the period. Brooklyn Investment Group bought a new stake in shares of ASML during the third quarter valued at about $43,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in ASML in the third quarter worth about $43,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

ASML opened at $736.99 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The company has a market cap of $289.95 billion, a PE ratio of 38.59, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The stock has a 50-day moving average of $716.70 and a 200-day moving average of $778.07. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09.

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

Analyst Ratings Changes

ASML has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday. Sanford C. Bernstein cut 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. Susquehanna dropped their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Finally, Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average price target 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.