Bessemer Group Inc. Sells 4,443 Shares of Arrow Electronics, Inc. $ARW

Bessemer Group Inc. reduced its stake in Arrow Electronics, Inc. (NYSE:ARW) by 58.1% during the second quarter, HoldingsChannel.com reports. The fund owned 3,199 shares of the technology company’s stock after selling 4,443 shares during the quarter. Bessemer Group Inc.’s holdings in Arrow Electronics were worth $407,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Riverwater Partners LLC grew its holdings in Arrow Electronics by 12.5% during the 2nd quarter. Riverwater Partners LLC now owns 3,387 shares of the technology company’s stock valued at $432,000 after purchasing an additional 377 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Arrow Electronics by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 154,094 shares of the technology company’s stock worth $19,636,000 after purchasing an additional 4,701 shares during the period. Oppenheimer Asset Management Inc. raised its stake in shares of Arrow Electronics by 7,460.8% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 369,498 shares of the technology company’s stock worth $47,085,000 after acquiring an additional 364,611 shares in the last quarter. University of Texas Texas AM Investment Management Co. raised its stake in shares of Arrow Electronics by 23.9% during the 2nd quarter. University of Texas Texas AM Investment Management Co. now owns 61,826 shares of the technology company’s stock worth $7,878,000 after acquiring an additional 11,933 shares in the last quarter. Finally, Brighton Jones LLC acquired a new position in Arrow Electronics during the 2nd quarter valued at approximately $781,000. 99.34% of the stock is currently owned by institutional investors.

Arrow Electronics Trading Down 1.7%

Shares of ARW stock opened at $111.36 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week high of $134.74. The stock has a market capitalization of $5.74 billion, a P/E ratio of 12.60, a price-to-earnings-growth ratio of 0.55 and a beta of 1.09. The company has a 50 day moving average price of $122.03 and a 200 day moving average price of $122.09.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings results on Thursday, October 30th. The technology company reported $2.41 EPS for the quarter, topping the consensus estimate of $2.28 by $0.13. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The company had revenue of $7.71 billion during the quarter, compared to analysts’ expectations of $7.67 billion. During the same quarter in the previous year, the business posted $2.38 EPS. The firm’s revenue was up 13.0% on a year-over-year basis. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. Equities research analysts predict that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ARW shares. Wells Fargo & Company cut their price objective 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. Wall Street Zen downgraded shares of Arrow Electronics from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Arrow Electronics in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $102.00.

Arrow Electronics 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.