Franklin Resources Inc. Buys 309,698 Shares of ARM Holdings PLC Sponsored ADR $ARM

Franklin Resources Inc. lifted its stake in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 27.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,417,829 shares of the company’s stock after purchasing an additional 309,698 shares during the quarter. Franklin Resources Inc.’s holdings in ARM were worth $229,320,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ARM. Swedbank AB purchased a new stake in shares of ARM in the first quarter worth about $18,667,000. Integrated Wealth Concepts LLC increased its holdings in ARM by 24.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 10,465 shares of the company’s stock worth $1,118,000 after acquiring an additional 2,025 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in ARM by 12.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 107,728 shares of the company’s stock worth $11,505,000 after purchasing an additional 11,953 shares in the last quarter. Global X Japan Co. Ltd. boosted its holdings in ARM by 638.4% in the 2nd quarter. Global X Japan Co. Ltd. now owns 80,239 shares of the company’s stock valued at $12,978,000 after purchasing an additional 69,372 shares during the period. Finally, Hoey Investments Inc. boosted its holdings in ARM by 159.3% in the 2nd quarter. Hoey Investments Inc. now owns 15,206 shares of the company’s stock valued at $2,459,000 after purchasing an additional 9,341 shares during the period. Hedge funds and other institutional investors own 7.53% of the company’s stock.

Analysts Set New Price Targets

ARM has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their price objective on ARM from $175.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Morgan Stanley decreased their target price on ARM from $180.00 to $171.00 and set an “overweight” rating on the stock in a research note on Thursday, October 9th. Mizuho raised 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. Rosenblatt Securities reiterated a “buy” rating and set a $180.00 price target on shares of ARM in a research report on Thursday, November 6th. Finally, KeyCorp upped their price objective on shares of ARM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. One 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. According to MarketBeat, ARM currently has a consensus rating of “Moderate Buy” and a consensus price target of $179.80.

ARM Trading Down 0.7%

ARM opened at $131.57 on Friday. The stock has a market capitalization of $139.01 billion, a P/E ratio of 168.68, a PEG ratio of 7.88 and a beta of 4.11. The stock has a 50-day moving average price of $155.30 and a 200-day moving average price of $146.57. ARM Holdings PLC Sponsored ADR has a 12-month low of $80.00 and a 12-month high of $183.16.

ARM (NASDAQ:ARM) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06. The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.06 billion. ARM had a return on equity of 15.03% and a net margin of 18.81%.ARM’s revenue for the quarter was up 34.5% compared to the same quarter last year. During the same period last year, the firm posted $0.30 EPS. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, equities research analysts predict that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current year.

ARM Company 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.