Gilman Hill Asset Management LLC Takes Position in ASML Holding (NASDAQ:ASML)

Gilman Hill Asset Management LLC bought a new stake in ASML Holding (NASDAQ:ASML) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 290 shares of the semiconductor company’s stock, valued at approximately $201,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Resources Management Corp CT ADV bought a new position in shares of ASML during the 2nd quarter worth approximately $26,000. Fairway Wealth LLC acquired a new position in shares of ASML in the third quarter valued at $25,000. Milestone Investment Advisors LLC bought a new position in shares of ASML in the third quarter valued at about $28,000. Fortitude Family Office LLC lifted its stake in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after buying an additional 15 shares during the last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of ASML during the 3rd quarter worth about $43,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ ASML opened at $756.33 on Tuesday. The firm’s 50 day simple moving average is $706.71 and its 200 day simple moving average is $795.37. The firm has a market capitalization of $297.56 billion, a price-to-earnings ratio of 39.60, a P/E/G ratio of 2.30 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09.

Analysts Set New Price Targets

ASML has been the subject of several research reports. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Berenberg Bank raised ASML to a “strong-buy” rating in a 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. Susquehanna decreased their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Finally, Wells Fargo & Company lifted their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Three 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 stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $955.50.

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.