Perigon Wealth Management LLC Purchases 4,674 Shares of ARM Holdings PLC Sponsored ADR $ARM

Perigon Wealth Management LLC increased its position in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 90.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,848 shares of the company’s stock after purchasing an additional 4,674 shares during the quarter. Perigon Wealth Management LLC’s holdings in ARM were worth $1,393,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Schroder Investment Management Group boosted 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 last quarter. Sustainable Growth Advisers LP boosted its stake in ARM by 116.8% in the second quarter. Sustainable Growth Advisers LP now owns 3,457,220 shares of the company’s stock valued at $559,171,000 after acquiring an additional 1,862,626 shares during the last quarter. Bank of America Corp DE grew its holdings in ARM by 12.8% during the 2nd quarter. Bank of America Corp DE now owns 1,476,743 shares of the company’s stock worth $238,848,000 after acquiring an additional 168,149 shares during the period. Franklin Resources Inc. raised its position in shares of ARM by 27.9% during the 2nd quarter. Franklin Resources Inc. now owns 1,417,829 shares of the company’s stock valued at $229,320,000 after acquiring an additional 309,698 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of ARM by 139.9% during 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 during the last quarter. 7.53% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on ARM. Cowen reaffirmed a “buy” rating on shares of ARM in a research note on Thursday, November 6th. Raymond James Financial assumed coverage on ARM in a research report on Friday, November 21st. They set a “hold” rating for the company. Rosenblatt Securities reaffirmed a “buy” rating and issued a $180.00 price target on shares of ARM in a research note on Thursday, November 6th. The Goldman Sachs Group lowered shares of ARM from a “neutral” rating to a “sell” rating and reduced their price objective for the stock from $160.00 to $120.00 in a research note on Monday, December 15th. Finally, Evercore ISI boosted their price objective on shares of ARM from $173.00 to $178.00 and gave the company an “outperform” rating in a report on Thursday, September 11th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $178.30.

ARM Price Performance

NASDAQ:ARM opened at $110.86 on Wednesday. The business’s 50-day simple moving average is $139.76 and its 200-day simple moving average is $145.96. ARM Holdings PLC Sponsored ADR has a fifty-two week low of $80.00 and a fifty-two week high of $183.16. The stock has a market capitalization of $117.12 billion, a PE ratio of 142.13, a price-to-earnings-growth ratio of 6.62 and a beta of 4.23.

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