ARM Holdings PLC Sponsored ADR $ARM Stock Holdings Cut by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P decreased its position in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 2.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 828,140 shares of the company’s stock after selling 16,636 shares during the period. Loomis Sayles & Co. L P’s holdings in ARM were worth $133,943,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of ARM. Haven Private LLC boosted its position in shares of ARM by 0.9% in the 2nd quarter. Haven Private LLC now owns 7,973 shares of the company’s stock valued at $1,290,000 after purchasing an additional 74 shares during the period. Chicago Capital LLC raised its holdings in ARM by 0.5% during the 2nd quarter. Chicago Capital LLC now owns 15,732 shares of the company’s stock worth $2,544,000 after buying an additional 79 shares during the period. Ameritas Investment Partners Inc. lifted its stake in ARM by 2.3% during the second quarter. Ameritas Investment Partners Inc. now owns 4,383 shares of the company’s stock valued at $709,000 after buying an additional 98 shares in the last quarter. Tufton Capital Management lifted its stake in ARM by 2.3% during the second quarter. Tufton Capital Management now owns 4,525 shares of the company’s stock valued at $731,000 after buying an additional 100 shares in the last quarter. Finally, Gilbert & Cook Inc. boosted its holdings in shares of ARM by 2.2% in the second quarter. Gilbert & Cook Inc. now owns 4,850 shares of the company’s stock worth $784,000 after buying an additional 105 shares during the period. 7.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Cowen restated a “buy” rating on shares of ARM in a report on Thursday, November 6th. Barclays lifted their price objective on shares of ARM from $115.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. increased their target price on ARM from $175.00 to $180.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Evercore ISI raised their target price on ARM from $173.00 to $178.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. Finally, Mizuho lifted their price target on ARM from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. 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 company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $179.80.

ARM Stock Up 2.2%

Shares of NASDAQ:ARM opened at $135.52 on Friday. The firm has a fifty day moving average of $153.62 and a two-hundred day moving average of $146.84. ARM Holdings PLC Sponsored ADR has a 12-month low of $80.00 and a 12-month high of $183.16. The firm has a market capitalization of $143.18 billion, a P/E ratio of 173.74, a price-to-earnings-growth ratio of 7.94 and a beta of 4.11.

ARM (NASDAQ:ARM) last announced its quarterly earnings data 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. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.06 billion. ARM had a return on equity of 15.03% and a net margin of 18.81%.ARM’s quarterly revenue was up 34.5% compared to the same quarter last year. During the same period last year, the company earned $0.30 earnings per share. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. Equities research analysts expect that ARM Holdings PLC Sponsored ADR will post 0.9 earnings per share for the current fiscal year.

ARM 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.