1832 Asset Management L.P. Makes New $65.29 Million Investment in ARM Holdings PLC Sponsored ADR $ARM

1832 Asset Management L.P. purchased a new position in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 403,700 shares of the company’s stock, valued at approximately $65,294,000.

A number of other large investors also recently modified their holdings of the business. Brooklyn Investment Group acquired a new position in ARM during the 1st quarter valued at about $28,000. Huntington National Bank bought a new position in shares of ARM in the second quarter valued at approximately $30,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of ARM during the second quarter valued at approximately $39,000. ORG Partners LLC bought a new stake in ARM during the second quarter worth approximately $48,000. Finally, Pandora Wealth Inc. bought a new position in ARM during the 1st quarter valued at $53,000. 7.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on ARM from $175.00 to $180.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Needham & Company LLC reaffirmed a “hold” rating on shares of ARM in a report on Thursday, November 6th. Morgan Stanley cut their price target on shares of ARM from $180.00 to $171.00 and set an “overweight” rating for the company in a report on Thursday, October 9th. UBS Group reduced their price objective on shares of ARM from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Finally, Benchmark reissued a “hold” rating on shares of ARM in a research note on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $179.80.

ARM Trading Up 2.0%

ARM stock opened at $139.19 on Thursday. ARM Holdings PLC Sponsored ADR has a one year low of $80.00 and a one year high of $183.16. The firm has a 50-day moving average of $153.24 and a two-hundred day moving average of $147.04. The firm has a market capitalization of $147.06 billion, a PE ratio of 178.45, a P/E/G ratio of 8.17 and a beta of 4.23.

ARM (NASDAQ:ARM) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.33 by $0.06. ARM had a net margin of 18.81% and a return on equity of 15.03%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm earned $0.30 EPS. The firm’s quarterly revenue was up 34.5% on a year-over-year basis. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, equities research analysts anticipate that ARM Holdings PLC Sponsored ADR will post 0.9 earnings per share for the current year.

ARM Company Profile

Arm Holdings Plc engages in the licensing, marketing, research, and development of microprocessors, systems IP, graphics processing units, physical IP and associated systems IP, software, and tools. It operates through the following geographical segments: United Kingdom, United States, and Other Countries.