Axa S.A. Buys 207,894 Shares of ARM Holdings PLC Sponsored ADR $ARM

Axa S.A. raised its stake in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 49.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 629,816 shares of the company’s stock after acquiring an additional 207,894 shares during the period. Axa S.A.’s holdings in ARM were worth $101,866,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Broadleaf Partners LLC grew its holdings in shares of ARM by 0.9% in the second quarter. Broadleaf Partners LLC now owns 72,433 shares of the company’s stock valued at $11,715,000 after acquiring an additional 665 shares in the last quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in ARM in the second quarter worth $2,804,000. State Street Corp grew its stake in ARM by 14.7% in the 2nd quarter. State Street Corp now owns 441,445 shares of the company’s stock valued at $71,399,000 after purchasing an additional 56,656 shares during the period. Gerber Kawasaki Wealth & Investment Management bought a new position in ARM in the 2nd quarter valued at $261,000. Finally, bLong Financial LLC purchased a new stake in shares of ARM during the 2nd quarter valued at $228,000. Institutional investors own 7.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ARM. UBS Group dropped their price objective on ARM from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. KeyCorp upped their price target on ARM from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Seaport Res Ptn raised ARM to a “strong-buy” rating in a report on Monday, August 11th. Benchmark restated a “hold” rating on shares of ARM in a research note on Thursday, November 6th. Finally, Evercore ISI increased their target price on shares of ARM from $173.00 to $178.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, ARM presently has an average rating of “Moderate Buy” and a consensus target price of $179.80.

ARM Price Performance

ARM opened at $139.78 on Tuesday. ARM Holdings PLC Sponsored ADR has a one year low of $80.00 and a one year high of $183.16. The business has a 50 day simple moving average of $153.27 and a two-hundred day simple moving average of $147.36. The firm has a market capitalization of $147.68 billion, a price-to-earnings ratio of 179.21, a PEG ratio of 8.46 and a beta of 4.24.

ARM (NASDAQ:ARM) last issued its earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm posted $0.30 earnings per share. The business’s revenue was up 34.5% on a year-over-year basis. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. As a group, sell-side analysts expect that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current fiscal year.

About ARM

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.