diff --git a/common/cursors.cpp b/common/cursors.cpp
index 9331eb2176..78f5723945 100644
--- a/common/cursors.cpp
+++ b/common/cursors.cpp
@@ -26,6 +26,7 @@
 #include <cursors.h>
 #include <kiplatform/ui.h>
 #include <cursors/cursor-add.xpm>
+#include <cursors/cursor-component.xpm>
 #include <cursors/cursor-connector.xpm>
 #include <cursors/cursor-eraser.xpm>
 #include <cursors/cursor-global-label.xpm>
@@ -213,6 +214,14 @@ static const std::vector<CURSOR_STORE::CURSOR_DEF> standard_cursors = {
         { 32, 32 },
         { 7, 10 },
     },
+    {
+        KICURSOR::COMPONENT,
+        nullptr,
+        nullptr,
+        cursor_component_xpm,
+        { 32, 32 },
+        { 7, 10 },
+    },
 };
 
 
diff --git a/eeschema/tools/sch_drawing_tools.cpp b/eeschema/tools/sch_drawing_tools.cpp
index 742809247f..1faeee1e7f 100644
--- a/eeschema/tools/sch_drawing_tools.cpp
+++ b/eeschema/tools/sch_drawing_tools.cpp
@@ -118,7 +118,7 @@ int SCH_DRAWING_TOOLS::PlaceComponent(  const TOOL_EVENT& aEvent  )
     auto setCursor =
             [&]()
             {
-                m_frame->GetCanvas()->SetCurrentCursor( component ? KICURSOR::MOVING : KICURSOR::PENCIL );
+                m_frame->GetCanvas()->SetCurrentCursor( component ? KICURSOR::MOVING : KICURSOR::COMPONENT );
             };
 
     // Set initial cursor
diff --git a/include/cursors.h b/include/cursors.h
index 38dee3742b..81a1718926 100644
--- a/include/cursors.h
+++ b/include/cursors.h
@@ -51,7 +51,8 @@ enum class KICURSOR
     ZOOM_IN,
     ZOOM_OUT,
     NET_LABEL,
-    GLOBAL_LABEL
+    GLOBAL_LABEL,
+    COMPONENT
 };
 
 /**