Arrow Electronics (NYSE:ARW) Shares Down 5.5% After Analyst Downgrade

Arrow Electronics, Inc. (NYSE:ARW) shares were down 5.5% during mid-day trading on Friday after Wall Street Zen downgraded the stock from a buy rating to a hold rating. The stock traded as low as $107.25 and last traded at $106.98. Approximately 228,267 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 544,587 shares. The stock had previously closed at $113.23.

ARW has been the topic of several other reports. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Wells Fargo & Company lowered their price target on shares of Arrow Electronics from $98.00 to $94.00 and set an “underweight” rating on the stock in a research note on Friday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Arrow Electronics in a research note on Wednesday, October 8th. One investment 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 company. According to data from MarketBeat.com, Arrow Electronics presently has an average rating of “Hold” and a consensus price target of $102.00.

Institutional Investors Weigh In On Arrow Electronics

Several institutional investors and hedge funds have recently made changes to their positions in ARW. Root Financial Partners LLC purchased a new stake in shares of Arrow Electronics in the 3rd quarter worth about $26,000. Farther Finance Advisors LLC lifted its holdings in Arrow Electronics by 84.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock valued at $28,000 after purchasing an additional 101 shares in the last quarter. Operose Advisors LLC purchased a new position in Arrow Electronics in the 1st quarter valued at about $31,000. True Wealth Design LLC lifted its holdings in Arrow Electronics by 660.0% in the 2nd quarter. True Wealth Design LLC now owns 266 shares of the technology company’s stock valued at $34,000 after purchasing an additional 231 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in Arrow Electronics by 1,547.1% in the 2nd quarter. Hantz Financial Services Inc. now owns 280 shares of the technology company’s stock valued at $36,000 after purchasing an additional 263 shares in the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Arrow Electronics Stock Performance

The company has a market capitalization of $5.74 billion, a PE ratio of 12.60, a price-to-earnings-growth ratio of 0.55 and a beta of 1.09. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. The stock’s fifty day simple moving average is $122.03 and its 200-day simple moving average is $121.94.

Arrow Electronics (NYSE:ARW) 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 company had revenue of $7.71 billion for the quarter, compared to analyst estimates of $7.67 billion. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The firm’s quarterly revenue was up 13.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.38 EPS. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. As a group, equities analysts predict that Arrow Electronics, Inc. will post 10.57 earnings per share for the current year.

About Arrow Electronics

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.