13,588 Shares in Arrow Electronics, Inc. $ARW Acquired by Foster & Motley Inc.

Foster & Motley Inc. purchased a new position in Arrow Electronics, Inc. (NYSE:ARWFree Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,588 shares of the technology company’s stock, valued at approximately $2,900,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Arrow Electronics by 45.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock valued at $2,154,000 after acquiring an additional 6,523 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Arrow Electronics by 8.0% during 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 last quarter. Geneos Wealth Management Inc. lifted its position in Arrow Electronics by 68.1% during the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after purchasing an additional 143 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Arrow Electronics in the 2nd quarter valued at about $492,000. Finally, Walleye Capital LLC purchased a new stake in shares of Arrow Electronics in the second quarter worth about $475,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Arrow Electronics Stock Performance

NYSE:ARW opened at $213.26 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.22. The stock has a market capitalization of $10.86 billion, a PE ratio of 13.63, a P/E/G ratio of 0.33 and a beta of 1.20. Arrow Electronics, Inc. has a fifty-two week low of $101.79 and a fifty-two week high of $237.33. The company has a fifty day moving average of $214.12 and a two-hundred day moving average of $185.60.

Arrow Electronics (NYSE:ARWGet Free Report) last announced its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.45 by $1.00. The business had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The company’s revenue for the quarter was up 31.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, research analysts forecast that Arrow Electronics, Inc. will post 20.44 earnings per share for the current fiscal year.

Arrow Electronics announced that its Board of Directors has approved a stock buyback program on Wednesday, May 13th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the technology company to purchase up to 9.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Insider Transactions at Arrow Electronics

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total transaction of $648,000.00. Following the completion of the sale, the senior vice president directly owned 12,626 shares in the company, valued at approximately $2,727,216. The trade was a 19.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on ARW shares. Raymond James Financial reiterated an “outperform” rating and set a $250.00 price target on shares of Arrow Electronics in a research report on Friday, August 7th. Truist Financial lowered their price objective on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a report on Tuesday, May 26th. Finally, Wells Fargo & Company boosted their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Arrow Electronics currently has an average rating of “Hold” and a consensus price target of $233.25.

Check Out Our Latest Analysis on Arrow Electronics

About Arrow Electronics

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Arrow Electronics (NYSE:ARW)

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