Arrow Electronics, Inc. (NYSE:ARW) Stock Has Consensus Price Target of $228.25

Shares of Arrow Electronics, Inc. (NYSE:ARW) have been given a consensus rating of “Hold” by the six research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $228.25.

ARW has been the topic of several research reports. Raymond James Financial reaffirmed an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a research report on Friday, August 7th. Wells Fargo & Company increased 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. Truist Financial dropped their price target on Arrow Electronics from $250.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, November 6th. Zacks Research downgraded Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 26th. Finally, Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Sunday.

Insider Activity

In related news, SVP Carine Jean-Claude sold 1,000 shares of Arrow Electronics stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total value of $209,850.00. Following the sale, the senior vice president owned 11,626 shares of the company’s stock, valued at approximately $2,439,716.10. This trade represents a 7.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Arrow Electronics

Large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Arrow Electronics in the second quarter valued at approximately $1,070,534,000. ACR Alpine Capital Research LLC boosted its holdings in Arrow Electronics by 3.9% during the first quarter. ACR Alpine Capital Research LLC now owns 3,578,313 shares of the technology company’s stock worth $513,166,000 after purchasing an additional 132,720 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Arrow Electronics by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 3,007,509 shares of the technology company’s stock worth $431,280,000 after purchasing an additional 11,894 shares during the last quarter. State Street Corp grew its position in Arrow Electronics by 0.5% in the third quarter. State Street Corp now owns 1,702,938 shares of the technology company’s stock valued at $386,567,000 after purchasing an additional 8,335 shares in the last quarter. Finally, Bank of America Corp DE bought a new position in Arrow Electronics in the second quarter valued at $270,981,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Arrow Electronics Trading Down 2.7%

NYSE:ARW traded down $5.32 on Friday, reaching $192.88. The company’s stock had a trading volume of 370,432 shares, compared to its average volume of 505,014. Arrow Electronics has a 1-year low of $101.79 and a 1-year high of $249.43. The business’s 50-day moving average price is $216.76 and its two-hundred day moving average price is $194.24. The firm has a market cap of $9.75 billion, a PE ratio of 9.78, a PEG ratio of 0.24 and a beta of 1.20. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.99 and a current ratio of 1.20.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings results on Thursday, November 5th. The technology company reported $6.22 EPS for the quarter, topping analysts’ consensus estimates of $5.06 by $1.16. Arrow Electronics had a return on equity of 15.84% and a net margin of 2.62%. The company had revenue of $10.72 billion for the quarter, compared to analyst estimates of $10.07 billion. During the same quarter last year, the firm posted $2.41 earnings per share. Arrow Electronics’s revenue was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q4 2026 guidance at 7.000-7.200 EPS. Equities research analysts anticipate that Arrow Electronics will post 22.34 earnings per share for the current fiscal year.

Arrow Electronics Company Profile

Arrow Electronics, Inc. is a global distributor of electronic components and enterprise computing products and services. The company connects manufacturers with components and technology solutions, supporting customers from product design and development through production and supply chain management. Through its global components business, Arrow supplies semiconductors and other electronic components, along with engineering and supply chain services. Its enterprise computing solutions business distributes technology such as data center, cloud, security and networking products, and provides related services to resellers and other customers.