Arrow Electronics, Inc. $ARW Stake Lifted by California State Teachers Retirement System

California State Teachers Retirement System grew its position in shares of Arrow Electronics, Inc. (NYSE:ARW) by 23.0% during the 1st quarter, Holdings Channel reports. The firm owned 60,065 shares of the technology company’s stock after purchasing an additional 11,219 shares during the period. California State Teachers Retirement System’s holdings in Arrow Electronics were worth $8,614,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bayban acquired a new stake in Arrow Electronics during the 1st quarter worth about $26,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Arrow Electronics by 112.0% in the fourth 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 period. Transamerica Financial Advisors LLC bought a new position in Arrow Electronics during the fourth quarter worth $27,000. Advisory Services Network LLC acquired a new position in shares of Arrow Electronics during the third quarter valued at about $31,000. Finally, Quarry LP bought a new stake in shares of Arrow Electronics during the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Insider Transactions at Arrow Electronics

In related news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of Arrow Electronics stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the transaction, the senior vice president directly owned 12,626 shares of the company’s stock, valued at $2,727,216. The trade was a 19.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Eric Nowak sold 3,473 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the sale, the insider owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. This trade represents a 6.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ARW shares. Raymond James Financial reaffirmed an “outperform” rating and set a $220.00 price target on shares of Arrow Electronics in a report on Friday, May 8th. Wells Fargo & Company boosted their price objective on Arrow Electronics from $165.00 to $175.00 and gave the stock an “underweight” rating in a report on Monday, July 20th. Wall Street Zen upgraded shares of 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 shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their target price for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. 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 company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $222.00.

Arrow Electronics Stock Up 5.1%

NYSE:ARW opened at $227.95 on Wednesday. Arrow Electronics, Inc. has a twelve month low of $101.79 and a twelve month high of $237.33. The firm has a market capitalization of $11.65 billion, a price-to-earnings ratio of 16.31 and a beta of 1.20. 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 stock’s 50 day moving average price is $215.65 and its two-hundred day moving average price is $178.98.

Arrow Electronics (NYSE:ARW) last posted its earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.92 by $2.30. The company had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $8.39 billion. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. Arrow Electronics’s quarterly revenue was up 39.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.80 EPS. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Equities research analysts expect that Arrow Electronics, Inc. will post 19.15 earnings per share for the current fiscal year.

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

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.