Arrow Electronics, Inc. (NYSE:ARW) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Arrow Electronics, Inc. (NYSE:ARWGet Free Report) have been given a consensus rating of “Hold” by the six ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $233.25.

A number of equities research analysts have issued reports on ARW shares. Bank of America upgraded shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. Wall Street Zen raised 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 research report on Tuesday, May 26th. Raymond James Financial reiterated an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a research note on Friday, August 7th. Finally, Wells Fargo & Company lifted their target price on Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a report on Friday, August 7th.

View Our Latest Analysis on Arrow Electronics

Arrow Electronics Stock Performance

NYSE ARW opened at $201.87 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.22 and a quick ratio of 1.01. The company has a market cap of $10.28 billion, a P/E ratio of 12.90, a P/E/G ratio of 0.32 and a beta of 1.20. The stock has a 50-day moving average of $212.75 and a two-hundred day moving average of $187.65. Arrow Electronics has a 1-year low of $101.79 and a 1-year high of $237.33.

Arrow Electronics (NYSE:ARWGet Free Report) last posted its quarterly earnings data 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 during 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 business’s revenue for the quarter was up 31.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, analysts anticipate that Arrow Electronics will post 20.44 EPS for the current year.

Arrow Electronics declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the technology company to buy up to 9.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Institutional Trading of Arrow Electronics

A number of large investors have recently made changes to their positions in ARW. California State Teachers Retirement System raised its holdings in Arrow Electronics by 20,912.3% in the second quarter. California State Teachers Retirement System now owns 12,621,067 shares of the technology company’s stock valued at $2,693,462,000 after acquiring an additional 12,561,002 shares in the last quarter. HB Wealth Management LLC grew its holdings in Arrow Electronics by 68.0% during the 2nd quarter. HB Wealth Management LLC now owns 3,742 shares of the technology company’s stock worth $799,000 after acquiring an additional 1,514 shares in the last quarter. SMART Wealth LLC acquired a new position in Arrow Electronics during the 2nd quarter worth approximately $2,151,000. Syon Capital LLC increased its position in shares of Arrow Electronics by 45.0% in the 2nd quarter. Syon Capital LLC now owns 2,589 shares of the technology company’s stock valued at $553,000 after purchasing an additional 803 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in shares of Arrow Electronics by 5.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 3,644 shares of the technology company’s stock valued at $778,000 after purchasing an additional 185 shares during the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

About Arrow Electronics

(Get 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.

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Analyst Recommendations for Arrow Electronics (NYSE:ARW)

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