Mitchell & Pahl Private Wealth LLC Purchases 54 Shares of ASML Holding (NASDAQ:ASML)

Mitchell & Pahl Private Wealth LLC boosted its position in shares of ASML Holding (NASDAQ:ASML) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,339 shares of the semiconductor company’s stock after buying an additional 54 shares during the period. Mitchell & Pahl Private Wealth LLC’s holdings in ASML were worth $928,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fairway Wealth LLC purchased a new stake in shares of ASML during the 3rd quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new position in shares of ASML in the second quarter valued at $26,000. Milestone Investment Advisors LLC bought a new stake in ASML in the third quarter worth $28,000. Fortitude Family Office LLC raised its stake in 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 in the last quarter. Finally, Brooklyn Investment Group bought a new position in ASML during the third quarter valued at $43,000. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of research reports. Wells Fargo & Company boosted their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. reduced their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein dropped their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Finally, BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Stock Performance

ASML stock opened at $756.33 on Tuesday. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The firm has a market cap of $297.56 billion, a price-to-earnings ratio of 39.60, a PEG ratio of 2.30 and a beta of 1.47. The business’s fifty day simple moving average is $706.71 and its two-hundred day simple moving average is $795.37. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

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.