Cyndeo Wealth Partners LLC Increases Position in ASML Holding (NASDAQ:ASML)

Cyndeo Wealth Partners LLC lifted its holdings in ASML Holding (NASDAQ:ASML) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,208 shares of the semiconductor company’s stock after purchasing an additional 14 shares during the period. Cyndeo Wealth Partners LLC’s holdings in ASML were worth $2,223,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fairway Wealth LLC acquired a new stake in ASML in the 3rd quarter worth about $25,000. Milestone Investment Advisors LLC acquired a new stake in ASML in the 3rd quarter worth about $28,000. Fortitude Family Office LLC boosted its holdings in ASML by 46.9% in 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. Brooklyn Investment Group acquired a new stake in ASML in the 3rd quarter worth about $43,000. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of ASML during the 3rd quarter worth approximately $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ:ASML opened at $732.25 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The firm has a market capitalization of $288.08 billion, a PE ratio of 38.34, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The business’s fifty day moving average price is $714.70 and its 200 day moving average price is $788.08.

Analyst Ratings Changes

Several brokerages have recently weighed in on ASML. JPMorgan Chase & Co. lowered their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Susquehanna cut their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. BNP Paribas started coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $946.60.

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.