Crossmark Global Holdings Inc. Grows Stock Position in Arrow Electronics, Inc. $ARW

Crossmark Global Holdings Inc. boosted its position in Arrow Electronics, Inc. (NYSE:ARW) by 298.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,671 shares of the technology company’s stock after buying an additional 4,995 shares during the period. Crossmark Global Holdings Inc.’s holdings in Arrow Electronics were worth $807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of ARW. Geneos Wealth Management Inc. boosted its holdings in shares of Arrow Electronics by 25.2% in the second quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock valued at $56,000 after acquiring an additional 89 shares in the last quarter. Truist Financial Corp raised its holdings in Arrow Electronics by 1.9% during the third quarter. Truist Financial Corp now owns 5,410 shares of the technology company’s stock worth $655,000 after purchasing an additional 103 shares in the last quarter. Cullen Capital Management LLC lifted its position in Arrow Electronics by 0.5% in the second quarter. Cullen Capital Management LLC now owns 22,265 shares of the technology company’s stock valued at $2,837,000 after purchasing an additional 107 shares during the period. Lazard Asset Management LLC boosted its holdings in Arrow Electronics by 0.9% in the 2nd quarter. Lazard Asset Management LLC now owns 12,016 shares of the technology company’s stock valued at $1,531,000 after purchasing an additional 109 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its position in Arrow Electronics by 0.5% during the 2nd quarter. Treasurer of the State of North Carolina now owns 24,114 shares of the technology company’s stock worth $3,073,000 after purchasing an additional 111 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Arrow Electronics Trading Up 1.2%

NYSE:ARW opened at $139.98 on Tuesday. Arrow Electronics, Inc. has a 52-week low of $86.50 and a 52-week high of $162.61. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 0.46. The stock has a fifty day simple moving average of $134.31 and a 200-day simple moving average of $123.10. The company has a market capitalization of $7.15 billion, a PE ratio of 12.79, a price-to-earnings-growth ratio of 0.69 and a beta of 1.01.

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

Analysts Set New Price Targets

Several analysts have recently commented on ARW shares. Wall Street Zen raised Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Truist Financial boosted their target price on shares of Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a research report on Friday, February 6th. Wells Fargo & Company increased their price target on shares of Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Weiss Ratings upgraded shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Finally, Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $124.33.

Insider Buying and Selling at Arrow Electronics

In other news, SVP Carine Lamercie Jean-Claude sold 4,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president directly owned 16,261 shares of the company’s stock, valued at $2,547,285.65. This trade represents a 19.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Eric Nowak sold 12,699 shares of Arrow Electronics stock in a transaction that occurred on Wednesday, February 11th. The stock was 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 of the company’s stock, valued at $6,834,828.81. This represents a 22.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 19,199 shares of company stock valued at $3,009,786 over the last three months. Company 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.