Arrow Electronics (NYSE:ARW) Stock Rating Lowered by Zacks Research

Arrow Electronics (NYSE:ARW) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

ARW has been the subject of several other research reports. Wells Fargo & Company upped their target price on shares of Arrow Electronics from $165.00 to $175.00 and gave the company an “underweight” rating in a research note on Monday, July 20th. Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $122.00 to $233.00 in a report on Wednesday, May 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Finally, Truist Financial raised their price objective on Arrow Electronics from $240.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $222.00.

Arrow Electronics Price Performance

Arrow Electronics stock opened at $227.95 on Monday. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $11.65 billion, a P/E ratio of 16.31 and a beta of 1.20. The business has a 50-day moving average of $215.65 and a 200-day moving average of $178.98. Arrow Electronics has a 1 year low of $101.79 and a 1 year high of $237.33.

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

Arrow Electronics announced that its Board of Directors has approved a share repurchase program on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the technology company to purchase up to 9.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Arrow Electronics

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ARW. M&T Bank Corp grew its stake in shares of Arrow Electronics by 1,315.2% during the 4th quarter. M&T Bank Corp now owns 58,915 shares of the technology company’s stock worth $6,491,000 after acquiring an additional 54,752 shares in the last quarter. MUFG Securities EMEA plc bought a new stake in shares of Arrow Electronics in the fourth quarter worth $14,544,000. Atria Investments Inc lifted its position in shares of Arrow Electronics by 48.0% in the fourth quarter. Atria Investments Inc now owns 80,092 shares of the technology company’s stock worth $8,825,000 after purchasing an additional 25,965 shares in the last quarter. Intech Investment Management LLC boosted its holdings in Arrow Electronics by 92.3% during the fourth quarter. Intech Investment Management LLC now owns 10,042 shares of the technology company’s stock worth $1,106,000 after purchasing an additional 4,821 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its holdings in Arrow Electronics by 44.8% during the fourth quarter. Handelsbanken Fonder AB now owns 16,800 shares of the technology company’s stock worth $1,851,000 after purchasing an additional 5,200 shares during the last quarter. 99.34% of the stock is currently owned by institutional investors.

Arrow Electronics Company 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.