Pacer Advisors Inc. Takes Position in ASML Holding NV (NASDAQ:ASML)

Pacer Advisors Inc. acquired a new stake in shares of ASML Holding NV (NASDAQ:ASML) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,860 shares of the semiconductor company’s stock, valued at approximately $2,157,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. WCM Investment Management LLC grew its stake in shares of ASML by 5.5% during the 1st quarter. WCM Investment Management LLC now owns 4,086,318 shares of the semiconductor company’s stock valued at $1,069,144,000 after buying an additional 212,676 shares during the period. JPMorgan Chase & Co. boosted its position in ASML by 145.2% during the 1st quarter. JPMorgan Chase & Co. now owns 3,959,276 shares of the semiconductor company’s stock worth $1,035,906,000 after purchasing an additional 2,344,364 shares during the period. Fisher Asset Management LLC boosted its position in ASML by 36.4% during the 1st quarter. Fisher Asset Management LLC now owns 3,453,577 shares of the semiconductor company’s stock worth $903,594,000 after purchasing an additional 922,387 shares during the period. Franklin Resources Inc. boosted its position in ASML by 1.2% during the 1st quarter. Franklin Resources Inc. now owns 875,463 shares of the semiconductor company’s stock worth $229,056,000 after purchasing an additional 10,345 shares during the period. Finally, Alliancebernstein L.P. boosted its position in ASML by 120.9% during the 1st quarter. Alliancebernstein L.P. now owns 844,662 shares of the semiconductor company’s stock worth $220,997,000 after purchasing an additional 462,295 shares during the period. 17.85% of the stock is owned by institutional investors.

NASDAQ:ASML opened at $353.72 on Friday. ASML Holding NV has a 1 year low of $191.25 and a 1 year high of $402.86. The firm’s fifty day simple moving average is $371.80 and its 200 day simple moving average is $311.66. The company has a current ratio of 2.91, a quick ratio of 1.90 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $148.50 billion, a PE ratio of 46.30, a PEG ratio of 1.80 and a beta of 1.04.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, July 15th. The semiconductor company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.08. The business had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.51 billion. ASML had a net margin of 22.70% and a return on equity of 23.21%. ASML’s revenue was up 36.3% compared to the same quarter last year. During the same period last year, the business posted $1.13 EPS. As a group, analysts anticipate that ASML Holding NV will post 8.61 EPS for the current fiscal year.

ASML has been the subject of a number of research reports. Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Tuesday, May 12th. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday. Sanford C. Bernstein cut shares of ASML from an “outperform” rating to a “market perform” rating and set a $322.00 price objective for the company. in a research report on Tuesday, July 28th. Royal Bank of Canada upped their price objective on shares of ASML from $300.00 to $425.00 and gave the company an “outperform” rating in a research report on Thursday, July 16th. Finally, Zacks Investment Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $383.60.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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