ASML Holding (NASDAQ:ASML) Holdings Raised by Putnam Investments LLC

Posted by on Jun 13th, 2023

Putnam Investments LLC grew its position in ASML Holding (NASDAQ:ASML – Get Rating) by 27.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 163,350 shares of the semiconductor company’s stock after acquiring an additional 35,633 shares during the quarter. Putnam Investments LLC’s holdings in ASML were worth $89,254,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in ASML. Renaissance Technologies LLC boosted its position in ASML by 311.4% during the 3rd quarter. Renaissance Technologies LLC now owns 612,681 shares of the semiconductor company’s stock valued at $255,683,000 after purchasing an additional 463,749 shares during the period. Matrix Capital Management Company LP boosted its position in ASML by 59.2% during the 4th quarter. Matrix Capital Management Company LP now owns 497,200 shares of the semiconductor company’s stock valued at $271,670,000 after purchasing an additional 184,800 shares during the period. DSM Capital Partners LLC boosted its position in ASML by 200.4% during the 3rd quarter. DSM Capital Partners LLC now owns 269,490 shares of the semiconductor company’s stock valued at $111,932,000 after purchasing an additional 179,778 shares during the period. Clearbridge Investments LLC boosted its position in ASML by 15.6% during the 4th quarter. Clearbridge Investments LLC now owns 1,317,162 shares of the semiconductor company’s stock valued at $719,698,000 after purchasing an additional 177,339 shares during the period. Finally, Jennison Associates LLC boosted its position in ASML by 11.7% during the 4th quarter. Jennison Associates LLC now owns 1,294,890 shares of the semiconductor company’s stock valued at $707,528,000 after purchasing an additional 135,395 shares during the period. 18.61% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ASML shares. StockNews.com started coverage on ASML in a research report on Thursday, May 18th. They set a “buy” rating for the company. Stifel Nicolaus lowered ASML from a “buy” rating to a “hold” rating in a research report on Tuesday, April 25th. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $694.27.

ASML Trading Up 2.0 %

Shares of ASML stock opened at $730.17 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 1.24 and a debt-to-equity ratio of 0.36. The firm has a market cap of $288.12 billion, a price-to-earnings ratio of 40.34, a price-to-earnings-growth ratio of 1.20 and a beta of 1.47. The business has a fifty day simple moving average of $669.84 and a 200-day simple moving average of $640.62. ASML Holding has a fifty-two week low of $363.15 and a fifty-two week high of $747.13.

ASML (NASDAQ:ASML – Get Rating) last announced its earnings results on Wednesday, April 19th. The semiconductor company reported $5.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.59 by $0.72. The company had revenue of $7.24 billion for the quarter. ASML had a return on equity of 79.79% and a net margin of 28.22%. On average, equities analysts forecast that ASML Holding will post 20.44 EPS for the current fiscal year.

ASML Company Profile

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ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company 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.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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