ARM Holdings PLC Sponsored ADR $ARM Shares Acquired by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. significantly increased its stake in ARM Holdings PLC by 3,853.4%, acquiring 507,300 additional shares during the 2nd quarter, bringing its total holdings to approximately $84.18 million.
• Analyst forecasts for ARM indicate a consensus rating of "Moderate Buy" with a target price averaging around $168.52, reflecting strong investor interest despite mixed earnings performance.
• ARM's stock performance has shown volatility with a current market capitalization of $160.75 billion, a P/E ratio of 230.53, and a 1-year price range between $80.00 and $182.88.

Robeco Institutional Asset Management B.V. lifted its holdings in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM - Free Report) by 3,853.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 520,465 shares of the company's stock after purchasing an additional 507,300 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in ARM were worth $84,180,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in ARM. TFC Financial Management Inc. boosted its holdings in ARM by 163.4% in the first quarter. TFC Financial Management Inc. now owns 266 shares of the company's stock valued at $28,000 after acquiring an additional 165 shares during the last quarter. Brooklyn Investment Group acquired a new position in ARM in the first quarter valued at $28,000. N.E.W. Advisory Services LLC acquired a new position in ARM in the first quarter valued at $34,000. Oliver Lagore Vanvalin Investment Group acquired a new position in ARM in the second quarter valued at $39,000. Finally, ORG Partners LLC acquired a new position in ARM in the second quarter valued at $48,000. Institutional investors and hedge funds own 7.53% of the company's stock.

ARM Stock Performance

NASDAQ ARM opened at $152.15 on Friday. The stock has a market capitalization of $160.75 billion, a P/E ratio of 230.53, a P/E/G ratio of 9.14 and a beta of 4.10. ARM Holdings PLC Sponsored ADR has a 1 year low of $80.00 and a 1 year high of $182.88. The business's fifty day moving average is $143.24 and its two-hundred day moving average is $133.41.

ARM (NASDAQ:ARM - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.01. ARM had a net margin of 16.96% and a return on equity of 15.56%. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the business earned $0.40 EPS. The company's revenue was up 12.1% on a year-over-year basis. On average, research analysts forecast that ARM Holdings PLC Sponsored ADR will post 0.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ARM shares. TD Cowen lifted their target price on ARM from $155.00 to $175.00 and gave the company a "buy" rating in a report on Thursday, July 31st. KeyCorp reiterated an "overweight" rating and issued a $190.00 target price (up previously from $175.00) on shares of ARM in a report on Thursday, July 31st. Benchmark reiterated a "hold" rating on shares of ARM in a report on Monday, June 9th. Morgan Stanley boosted their price objective on ARM from $150.00 to $194.00 and gave the stock an "overweight" rating in a research note on Monday, July 28th. Finally, Evercore ISI increased their target price on ARM from $173.00 to $178.00 and gave the company an "outperform" rating in a research note on Thursday, September 11th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $168.52.

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.

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