VIRGINIA RETIREMENT SYSTEMS ET Al Sells 3,250 Shares of Arrow Electronics, Inc. $ARW

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its position in Arrow Electronics, Inc. (NYSE:ARW) by 20.6% during the 4th quarter, Holdings Channel reports. The firm owned 12,536 shares of the technology company’s stock after selling 3,250 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Arrow Electronics were worth $1,381,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Arrow Electronics by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 6,122,857 shares of the technology company’s stock worth $674,616,000 after purchasing an additional 37,417 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Arrow Electronics by 37.7% in the 3rd quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock worth $384,818,000 after purchasing an additional 871,585 shares during the last quarter. ACR Alpine Capital Research LLC grew its holdings in shares of Arrow Electronics by 12.1% in the 3rd quarter. ACR Alpine Capital Research LLC now owns 2,416,815 shares of the technology company’s stock worth $292,435,000 after purchasing an additional 260,442 shares during the last quarter. Earnest Partners LLC grew its holdings in shares of Arrow Electronics by 0.3% in the 3rd quarter. Earnest Partners LLC now owns 1,479,482 shares of the technology company’s stock worth $179,017,000 after purchasing an additional 5,068 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Arrow Electronics by 4.3% in the 3rd quarter. Sei Investments Co. now owns 814,794 shares of the technology company’s stock worth $98,591,000 after purchasing an additional 33,481 shares during the last quarter. Institutional investors own 99.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ARW. Truist Financial upped their target price on shares of Arrow Electronics from $183.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $122.00 to $233.00 in a report on Wednesday. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a 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. Finally, Raymond James Financial reissued an “outperform” rating and set a $220.00 price objective on shares of Arrow Electronics in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $214.50.

Arrow Electronics Stock Down 2.8%

Shares of NYSE:ARW opened at $208.29 on Friday. Arrow Electronics, Inc. has a 12 month low of $101.79 and a 12 month high of $215.68. The company’s 50-day moving average price is $164.00 and its two-hundred day moving average price is $137.10. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35. The firm has a market cap of $10.65 billion, a P/E ratio of 14.90, a P/E/G ratio of 0.78 and a beta of 1.16.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The firm had revenue of $9.47 billion for the quarter, compared to analyst estimates of $8.39 billion. During the same quarter in the prior year, the firm earned $1.80 EPS. The company’s revenue was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, research analysts forecast that Arrow Electronics, Inc. will post 17.97 EPS for the current fiscal year.

Arrow Electronics announced that its Board of Directors has authorized a share repurchase plan on Wednesday, May 13th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to purchase up to 9.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other news, insider Richard John Marano sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $155.32, for a total value of $388,300.00. Following the transaction, the insider owned 24,096 shares of the company’s stock, valued at approximately $3,742,590.72. This trade represents a 9.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO William F. Austen bought 3,960 shares of Arrow Electronics stock in a transaction dated Thursday, February 19th. The stock was acquired at an average cost of $151.87 per share, for a total transaction of $601,405.20. Following the purchase, the chief executive officer directly owned 44,722 shares in the company, valued at approximately $6,791,930.14. The trade was a 9.71% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.80% of the stock is currently owned by company insiders.

About Arrow Electronics

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.