Freestone Grove Partners LP Buys Shares of 4,870 Arrow Electronics, Inc. $ARW

Freestone Grove Partners LP bought a new position in Arrow Electronics, Inc. (NYSE:ARW) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 4,870 shares of the technology company’s stock, valued at approximately $1,039,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Arrow Electronics by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 6,122,857 shares of the technology company’s stock valued at $674,616,000 after acquiring an additional 37,417 shares in the last quarter. BlackRock Inc. bought a new position in Arrow Electronics during the 2nd quarter worth about $1,070,534,000. ACR Alpine Capital Research LLC grew its holdings in Arrow Electronics by 3.9% during the 1st quarter. ACR Alpine Capital Research LLC now owns 3,578,313 shares of the technology company’s stock worth $513,166,000 after acquiring an additional 132,720 shares in the last quarter. AQR Capital Management LLC increased its position in Arrow Electronics by 37.7% during the 3rd quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock valued at $384,818,000 after purchasing an additional 871,585 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Arrow Electronics by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,007,509 shares of the technology company’s stock valued at $431,280,000 after purchasing an additional 11,894 shares during the period. Institutional investors own 99.34% of the company’s stock.

Arrow Electronics Trading Down 2.5%

NYSE:ARW opened at $203.70 on Friday. The stock has a market capitalization of $10.37 billion, a price-to-earnings ratio of 13.02, a PEG ratio of 0.31 and a beta of 1.20. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $237.33. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. The firm has a 50 day moving average of $210.78 and a 200 day moving average of $189.02.

Arrow Electronics (NYSE:ARW) 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 company had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The firm’s quarterly revenue was up 31.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.43 EPS. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, sell-side analysts anticipate that Arrow Electronics, Inc. will post 21.24 earnings per share for the current fiscal year.

Arrow Electronics announced that its board has authorized a stock buyback plan on Wednesday, May 13th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the technology company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Key Headlines Impacting Arrow Electronics

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Zacks raised its Q3 2026 EPS forecast to $5.01 from $3.25 and its FY2026 estimate to $20.41 from $17.19, suggesting stronger near-term profitability than previously expected.
• Positive Sentiment: The firm also increased its FY2027 EPS forecast to $20.08 from $16.22 and FY2028 EPS to $19.28 from $15.33, indicating improved expectations for Arrow Electronics’ longer-term earnings power.
• Positive Sentiment: Several quarterly estimates were upgraded, including Q4 2026 EPS to $4.74 from $4.23, Q1 2027 to $4.73 from $4.12, Q3 2027 to $5.05 from $3.21, Q4 2027 to $5.26 from $4.24, Q1 2028 to $3.92 from $3.45, and Q2 2028 to $5.19 from $4.55. These revisions point to broad-based improvement rather than a single-quarter adjustment.
• Neutral Sentiment: Zacks’ FY2026 forecast of $20.41 is essentially in line with the broader consensus estimate of $20.44, limiting the potential for a major valuation reset despite the positive revisions.
• Neutral Sentiment: The continued Hold rating signals that Zacks sees improving earnings expectations but not enough evidence yet to recommend buying the stock outright.

Wall Street Analyst Weigh In

ARW has been the subject of several research reports. Raymond James Financial reaffirmed an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a research report on Friday, August 7th. Bank of America raised shares of 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 report on Wednesday, May 13th. Wells Fargo & Company upped their target price on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a research report on Friday, August 21st. Finally, Truist Financial dropped 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. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Arrow Electronics presently has an average rating of “Hold” and an average target price of $233.25.

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.