Harvest Fund Management Co. Ltd Has $3.60 Million Stock Holdings in ARM Holdings PLC Sponsored ADR $ARM

Harvest Fund Management Co. Ltd grew its position in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 43.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,495 shares of the company’s stock after acquiring an additional 7,725 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in ARM were worth $3,604,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ARM. Sustainable Growth Advisers LP boosted its holdings in ARM by 116.8% during the second quarter. Sustainable Growth Advisers LP now owns 3,457,220 shares of the company’s stock worth $559,171,000 after purchasing an additional 1,862,626 shares during the last quarter. Capital Research Global Investors bought a new stake in ARM during the 3rd quarter worth about $243,098,000. Schroder Investment Management Group boosted its stake in shares of ARM by 41.7% during the 2nd quarter. Schroder Investment Management Group now owns 4,745,957 shares of the company’s stock worth $767,611,000 after buying an additional 1,396,684 shares during the last quarter. Invesco Ltd. boosted its stake in shares of ARM by 139.9% during the 2nd quarter. Invesco Ltd. now owns 1,381,906 shares of the company’s stock worth $223,509,000 after buying an additional 805,886 shares during the last quarter. Finally, Baillie Gifford & Co. bought a new position in shares of ARM in the 3rd quarter valued at about $90,678,000. 7.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ARM has been the topic of several analyst reports. New Street Research upgraded ARM from a “neutral” rating to a “buy” rating in a report on Thursday, February 5th. Oddo Bhf set a $170.00 price target on ARM in a research report on Monday, January 5th. The Goldman Sachs Group cut ARM from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $160.00 to $120.00 in a research note on Monday, December 15th. Evercore cut their price objective on ARM from $215.00 to $170.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Finally, Raymond James Financial started coverage on shares of ARM in a research note on Friday, November 21st. They issued a “hold” rating for the company. Sixteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $160.81.

ARM Stock Up 0.5%

Shares of NASDAQ ARM opened at $115.75 on Friday. The business’s 50 day moving average price is $117.27 and its two-hundred day moving average price is $134.41. The company has a market cap of $122.29 billion, a PE ratio of 154.33, a price-to-earnings-growth ratio of 7.94 and a beta of 4.11. ARM Holdings PLC Sponsored ADR has a twelve month low of $80.00 and a twelve month high of $183.16.

ARM (NASDAQ:ARM) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.02. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.23 billion. ARM had a return on equity of 14.01% and a net margin of 17.15%.The business’s revenue was up 26.3% on a year-over-year basis. During the same period last year, the firm posted $0.39 earnings per share. ARM has set its Q4 2026 guidance at 0.540-0.620 EPS. As a group, research analysts anticipate that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current fiscal year.

ARM Profile

Arm Limited (NASDAQ: ARM) is a global semiconductor IP company best known for designing energy-efficient processor architectures and related technologies that underpin a wide range of computing devices. Founded in 1990 as a joint venture between Acorn Computers, Apple and VLSI Technology and headquartered in Cambridge, England, Arm develops the ARM instruction set architectures and core processor designs that chipmakers license and integrate into custom system-on-chip (SoC) products. The company operates a licensing and royalty business model rather than manufacturing chips itself.

Arm’s product portfolio includes CPU core families (such as Cortex and Neoverse lines), GPU and multimedia IP (Mali), neural processing units (Ethos) and a suite of system and physical IP blocks.