Illinois Municipal Retirement Fund Trims Position in Arrow Electronics, Inc. $ARW

Illinois Municipal Retirement Fund trimmed its position in Arrow Electronics, Inc. (NYSE:ARW) by 33.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,523 shares of the technology company’s stock after selling 5,830 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Arrow Electronics were worth $1,394,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Arrow Electronics by 45.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock worth $2,154,000 after acquiring an additional 6,523 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Arrow Electronics by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock worth $20,763,000 after purchasing an additional 14,886 shares during the period. Geneos Wealth Management Inc. increased its stake in Arrow Electronics by 68.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after acquiring an additional 143 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Arrow Electronics during the second quarter worth about $492,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Arrow Electronics in the second quarter worth approximately $1,846,000. 99.34% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ARW. Wall Street Zen upgraded shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Truist Financial increased their target price on Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Finally, Wells Fargo & Company raised their price target on Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $124.33.

Arrow Electronics Price Performance

Shares of Arrow Electronics stock opened at $152.86 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.09 and a current ratio of 1.36. Arrow Electronics, Inc. has a 52-week low of $86.50 and a 52-week high of $160.63. The company has a fifty day moving average of $123.98 and a 200-day moving average of $120.32. The stock has a market capitalization of $7.81 billion, a price-to-earnings ratio of 13.97, a price-to-earnings-growth ratio of 0.79 and a beta of 1.04.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings results on Thursday, February 5th. The technology company reported $4.39 earnings per share for the quarter, topping the consensus estimate of $3.55 by $0.84. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. The business had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.16 billion. During the same period in the previous year, the firm posted $2.97 earnings per share. The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. Equities research analysts expect that Arrow Electronics, Inc. will post 10.57 EPS for the current year.

Insider Activity

In other news, insider Eric Nowak sold 12,699 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $157.09, for a total value of $1,994,885.91. Following the transaction, the insider owned 43,509 shares in the company, valued at approximately $6,834,828.81. This trade represents a 22.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 4,000 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $156.65, for a total transaction of $626,600.00. Following the sale, the senior vice president owned 16,261 shares of the company’s stock, valued at $2,547,285.65. This represents a 19.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.80% of the company’s stock.

Arrow Electronics Profile

Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.

In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.