Barlow Wealth Partners Inc. Purchases Shares of 18,081 ASML Holding (NASDAQ:ASML)

Barlow Wealth Partners Inc. acquired a new position in shares of ASML Holding (NASDAQ:ASML) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 18,081 shares of the semiconductor company’s stock, valued at approximately $13,132,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fisher Asset Management LLC grew its stake in shares of ASML by 1.0% during the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after acquiring an additional 31,879 shares in the last quarter. Edgewood Management LLC grew its position in ASML by 3.3% in the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after purchasing an additional 70,776 shares in the last quarter. Van ECK Associates Corp increased its stake in ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after buying an additional 474,653 shares during the last quarter. Windacre Partnership LLC lifted its position in ASML by 4.0% during the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after buying an additional 25,600 shares in the last quarter. Finally, Lone Pine Capital LLC boosted its stake in shares of ASML by 19.0% during the 2nd quarter. Lone Pine Capital LLC now owns 587,891 shares of the semiconductor company’s stock worth $601,254,000 after buying an additional 93,851 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ASML. Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. JPMorgan Chase & Co. lowered their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Susquehanna cut 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. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, 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. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $955.50.

ASML Stock Performance

NASDAQ ASML opened at $763.00 on Wednesday. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The stock has a market cap of $300.18 billion, a PE ratio of 39.95, a P/E/G ratio of 2.35 and a beta of 1.47. The firm has a 50-day moving average of $708.41 and a 200-day moving average of $793.15. 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 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.