Stocks

Mutual Advisors LLC Increases Stake in ASML Holding

Published January 25, 2025

Mutual Advisors LLC has increased its investment in ASML Holding (NASDAQ:ASML) by 28.5% during the fourth quarter, as revealed in the recent Form 13F filing with the SEC. After acquiring an additional 463 shares, Mutual Advisors now holds a total of 2,089 shares in the semiconductor firm. This investment is valued at approximately $1,567,000 as of the latest reporting period.

Other Institutional Investments

In addition to Mutual Advisors LLC, several other institutional investors and hedge funds have also made moves regarding ASML shares recently. For instance, Fairway Wealth LLC established a new position in ASML, valued at about $25,000, in the third quarter. Similarly, Milestone Investment Advisors LLC also initiated a new stake valued at approximately $28,000 during the same period. Fortitude Family Office LLC saw a notable increase in its holdings by 46.9% in the third quarter, owning 47 shares valued at around $39,000 after acquiring an additional 15 shares. Furthermore, the Brooklyn Investment Group invested approximately $43,000 in ASML, alongside Itau Unibanco Holding S.A., which also took a new position valued at about $43,000. Overall, institutional and hedge fund investors now possess around 26.07% of ASML's shares.

Analyst Ratings

Several financial analysts have provided updates on ASML. On January 13, Wells Fargo & Company raised its price target from $790.00 to $860.00 while rating the stock as "overweight." On December 3, BNP Paribas began coverage with an "outperform" rating and a price target of $858.00. Additionally, Berenberg Bank upgraded ASML to a "strong-buy" rating on October 2. In contrast, Susquehanna revised its price target down from $1,300.00 to $1,100.00, maintaining a "positive" rating. Similarly, JPMorgan Chase lowered its price target from $1,207.00 to $1,148.00, while keeping an "overweight" rating. In summary, three analysts have rated the stock as a hold, while eight have given it a buy rating, and two have issued a strong buy rating, resulting in a consensus rating of "Moderate Buy" and a target price of $955.50 according to MarketBeat data.

ASML Stock Performance

ASML shares opened at $732.25 on Friday, with a current ratio of 1.55, a quick ratio of 0.84, and a debt-to-equity ratio of 0.29. The stock is trading below its 50-day simple moving average of $713.22 and its 200-day simple moving average of $790.48. ASML has a market capitalization of $288.08 billion, a price-to-earnings ratio of 38.34, and a PEG ratio of 2.39, with a beta value of 1.47. Over the past twelve months, ASML's stock has ranged from a low of $645.45 to a high of $1,110.09.

Company Overview

ASML Holding N.V. specializes in developing, producing, marketing, selling, and servicing advanced semiconductor equipment systems intended for chip manufacturers. The company provides innovative solutions such as lithography, metrology, and inspection systems, alongside extreme ultraviolet lithography systems as well as deep ultraviolet solutions.

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