Cibc World Market Inc. Has $21.91 Million Holdings in ARM Holdings PLC Sponsored ADR $ARM

Cibc World Market Inc. trimmed its stake in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 10.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 154,850 shares of the company’s stock after selling 17,533 shares during the period. Cibc World Market Inc.’s holdings in ARM were worth $21,910,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ARM. Schroder Investment Management Group raised its stake in shares of ARM by 41.7% in the 2nd quarter. Schroder Investment Management Group now owns 4,745,957 shares of the company’s stock valued at $767,611,000 after purchasing an additional 1,396,684 shares during the period. Sustainable Growth Advisers LP boosted its position in shares of 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 buying an additional 1,862,626 shares during the period. Bank of America Corp DE grew its holdings in shares of ARM by 12.8% during the second quarter. Bank of America Corp DE now owns 1,476,743 shares of the company’s stock worth $238,848,000 after buying an additional 168,149 shares in the last quarter. Franklin Resources Inc. raised its position in ARM by 27.9% in the 2nd quarter. Franklin Resources Inc. now owns 1,417,829 shares of the company’s stock valued at $229,320,000 after buying an additional 309,698 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in ARM by 139.9% in the 2nd quarter. Invesco Ltd. now owns 1,381,906 shares of the company’s stock valued at $223,509,000 after acquiring an additional 805,886 shares in the last quarter. 7.53% of the stock is owned by institutional investors and hedge funds.

ARM Trading Down 0.5%

ARM opened at $125.28 on Thursday. The stock’s fifty day simple moving average is $116.44 and its 200 day simple moving average is $137.19. ARM Holdings PLC Sponsored ADR has a 1-year low of $80.00 and a 1-year high of $183.16. The stock has a market cap of $132.36 billion, a PE ratio of 167.04, a price-to-earnings-growth ratio of 8.69 and a beta of 4.35.

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

Analysts Set New Price Targets

Several brokerages have recently weighed in on ARM. Evercore decreased their price target on shares of ARM from $215.00 to $170.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. Needham & Company LLC reaffirmed a “hold” rating on shares of ARM in a research report on Thursday, November 6th. The Goldman Sachs Group lowered shares of ARM from a “neutral” rating to a “sell” rating and lowered their price target for the company from $160.00 to $120.00 in a research note on Monday, December 15th. Raymond James Financial initiated coverage on shares of ARM in a research note on Friday, November 21st. They set a “hold” rating for the company. Finally, Bank of America reaffirmed a “neutral” rating and issued a $120.00 target price on shares of ARM in a research report on Tuesday, January 13th. Sixteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $160.81.

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.