Arrow Electronics, Inc. $ARW Shares Acquired by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. grew its position in Arrow Electronics, Inc. (NYSE:ARW) by 7,460.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 369,498 shares of the technology company’s stock after acquiring an additional 364,611 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Arrow Electronics were worth $47,085,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. University of Texas Texas AM Investment Management Co. boosted its holdings in shares of Arrow Electronics by 23.9% in the second quarter. University of Texas Texas AM Investment Management Co. now owns 61,826 shares of the technology company’s stock valued at $7,878,000 after acquiring an additional 11,933 shares during the period. Brighton Jones LLC acquired a new stake in shares of Arrow Electronics during the second quarter worth $781,000. Focus Partners Advisor Solutions LLC lifted its holdings in shares of Arrow Electronics by 204.9% during the second quarter. Focus Partners Advisor Solutions LLC now owns 7,332 shares of the technology company’s stock worth $934,000 after purchasing an additional 4,927 shares during the period. Ground Swell Capital LLC acquired a new stake in shares of Arrow Electronics during the second quarter worth $223,000. Finally, ARGA Investment Management LP lifted its holdings in shares of Arrow Electronics by 94.7% during the second quarter. ARGA Investment Management LP now owns 571,645 shares of the technology company’s stock worth $72,845,000 after purchasing an additional 278,084 shares during the period. 99.34% of the stock is owned by institutional investors and hedge funds.

Arrow Electronics Trading Down 0.9%

Shares of ARW stock opened at $120.00 on Friday. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week high of $137.80. The stock has a market cap of $6.18 billion, a P/E ratio of 13.57, a P/E/G ratio of 0.57 and a beta of 1.09. The business has a fifty day simple moving average of $123.02 and a 200-day simple moving average of $121.22. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.40. The business had revenue of $7.58 billion during the quarter, compared to analysts’ expectations of $7.12 billion. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter last year, the business posted $2.78 earnings per share. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. On average, analysts forecast that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ARW has been the subject of several recent research reports. Wall Street Zen raised Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Arrow Electronics in a report on Friday. Finally, Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $115.75.

Insider Buying and Selling

In related news, CEO Sean J. Kerins acquired 8,630 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The stock was purchased at an average price of $114.91 per share, for a total transaction of $991,673.30. Following the transaction, the chief executive officer owned 122,408 shares in the company, valued at $14,065,903.28. This trade represents a 7.58% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.00% of the company’s stock.

Arrow Electronics Profile

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.