Russell Investments Group Ltd. Buys 15,712 Shares of ARM Holdings PLC Sponsored ADR $ARM

Russell Investments Group Ltd. lifted its position in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 202.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,480 shares of the company’s stock after acquiring an additional 15,712 shares during the quarter. Russell Investments Group Ltd.’s holdings in ARM were worth $3,798,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in ARM. Advisors Asset Management Inc. boosted its holdings in ARM by 11.4% during the second quarter. Advisors Asset Management Inc. now owns 5,037 shares of the company’s stock worth $815,000 after purchasing an additional 516 shares during the last quarter. Laurel Wealth Advisors LLC lifted its position in shares of ARM by 16,074.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 14,557 shares of the company’s stock worth $2,354,000 after buying an additional 14,467 shares in the last quarter. XTX Topco Ltd bought a new position in shares of ARM during the 2nd quarter worth approximately $5,378,000. Edmond DE Rothschild Holding S.A. boosted its stake in shares of ARM by 17.7% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 3,325 shares of the company’s stock worth $538,000 after buying an additional 500 shares during the last quarter. Finally, Ameritas Investment Partners Inc. grew its holdings in shares of ARM by 2.3% in the second quarter. Ameritas Investment Partners Inc. now owns 4,383 shares of the company’s stock valued at $709,000 after acquiring an additional 98 shares in the last quarter. Hedge funds and other institutional investors own 7.53% of the company’s stock.

ARM Stock Performance

Shares of ARM stock opened at $141.31 on Monday. The stock has a market capitalization of $149.30 billion, a P/E ratio of 181.17, a P/E/G ratio of 8.46 and a beta of 4.23. ARM Holdings PLC Sponsored ADR has a 52-week low of $80.00 and a 52-week high of $183.16. The stock’s 50-day simple moving average is $153.27 and its 200 day simple moving average is $147.29.

ARM (NASDAQ:ARM) last posted its earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share 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 during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the company earned $0.30 earnings per share. The company’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. Equities research analysts forecast that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on ARM shares. Needham & Company LLC reiterated a “hold” rating on shares of ARM in a report on Thursday, November 6th. Seaport Res Ptn upgraded ARM to a “strong-buy” rating in a research note on Monday, August 11th. Loop Capital increased their price target on shares of ARM from $155.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. UBS Group decreased their price objective on shares of ARM from $200.00 to $195.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Finally, TD Cowen lifted their price objective on shares of ARM from $175.00 to $190.00 and gave the stock a “buy” rating in a research 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 given a Hold rating to the company. Based on data from MarketBeat, ARM has an average rating of “Moderate Buy” and a consensus price target of $179.80.

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.