Wall Street Zen downgraded shares of Arrow Electronics (NYSE:ARW – Free Report) from a buy rating to a hold rating in a research note issued to investors on Saturday morning.
A number of other analysts have also issued reports on ARW. Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Wells Fargo & Company lowered their target price on Arrow Electronics from $98.00 to $94.00 and set an “underweight” rating on the stock in a report on Friday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Arrow Electronics in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $102.00.
Read Our Latest Stock Report on ARW
Arrow Electronics Stock Performance
Arrow Electronics (NYSE:ARW – Get Free Report) last released its earnings results on Thursday, October 30th. The technology company reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.28 by $0.13. The firm had revenue of $7.71 billion for the quarter, compared to analyst estimates of $7.67 billion. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The company’s revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.38 EPS. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. On average, equities analysts forecast that Arrow Electronics will post 10.57 earnings per share for the current year.
Institutional Trading of Arrow Electronics
Institutional investors have recently modified their holdings of the company. Boston Partners lifted its position in shares of Arrow Electronics by 12.5% during the 2nd quarter. Boston Partners now owns 2,739,427 shares of the technology company’s stock worth $348,518,000 after buying an additional 305,182 shares during the period. ACR Alpine Capital Research LLC lifted its position in shares of Arrow Electronics by 12.1% during the 3rd quarter. ACR Alpine Capital Research LLC now owns 2,416,815 shares of the technology company’s stock worth $292,435,000 after buying an additional 260,442 shares during the period. AQR Capital Management LLC lifted its position in shares of Arrow Electronics by 130.9% during the 2nd quarter. AQR Capital Management LLC now owns 2,313,997 shares of the technology company’s stock worth $294,873,000 after buying an additional 1,311,972 shares during the period. Sei Investments Co. lifted its position in shares of Arrow Electronics by 0.8% during the 2nd quarter. Sei Investments Co. now owns 781,313 shares of the technology company’s stock worth $99,558,000 after buying an additional 6,379 shares during the period. Finally, DnB Asset Management AS lifted its position in shares of Arrow Electronics by 23.4% during the 1st quarter. DnB Asset Management AS now owns 685,051 shares of the technology company’s stock worth $71,129,000 after buying an additional 129,986 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.
Arrow Electronics Company 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.
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