Te Ahumairangi Investment Management Ltd Invests $4.61 Million in Arrow Electronics, Inc. $ARW

Te Ahumairangi Investment Management Ltd purchased a new stake in Arrow Electronics, Inc. (NYSE:ARW) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 21,586 shares of the technology company’s stock, valued at approximately $4,607,000.

A number of other large investors have also recently bought and sold shares of the stock. Bayban bought a new position in shares of Arrow Electronics during the first quarter valued at $26,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Arrow Electronics by 112.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after purchasing an additional 131 shares during the last quarter. Transamerica Financial Advisors LLC bought a new stake in shares of Arrow Electronics in the 4th quarter worth about $27,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Arrow Electronics during the 2nd quarter worth about $28,000. Finally, Advisory Services Network LLC bought a new position in Arrow Electronics during the 3rd quarter valued at about $31,000. 99.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on ARW. Truist Financial reduced their price target on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Wells Fargo & Company lifted 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. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a report on Tuesday, May 26th. Finally, Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $233.25.

Arrow Electronics Trading Up 0.1%

Shares of NYSE ARW opened at $210.98 on Monday. Arrow Electronics, Inc. has a 1-year low of $101.79 and a 1-year high of $237.33. The company has a 50-day moving average of $213.28 and a two-hundred day moving average of $187.18. The company has a market cap of $10.74 billion, a PE ratio of 13.48, a P/E/G ratio of 0.32 and a beta of 1.20. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 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 analysts’ expectations of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. Arrow Electronics’s revenue was up 31.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, equities analysts expect 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 share buyback program on Wednesday, May 13th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Arrow Electronics Company 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.