Strs Ohio Purchases Shares of 16,602 Arrow Electronics, Inc. $ARW

Strs Ohio purchased a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW) in the 2nd quarter, HoldingsChannel reports. The firm purchased 16,602 shares of the technology company’s stock, valued at approximately $2,116,000.

Other institutional investors also recently bought and sold shares of the company. Caxton Associates LLP purchased a new stake in Arrow Electronics in the 1st quarter worth approximately $501,000. OMNI 360 Wealth Inc. purchased a new stake in Arrow Electronics in the 2nd quarter worth approximately $263,000. LPL Financial LLC lifted its stake in Arrow Electronics by 7.8% in the first quarter. LPL Financial LLC now owns 34,386 shares of the technology company’s stock worth $3,570,000 after acquiring an additional 2,475 shares during the period. Bayforest Capital Ltd lifted its stake in Arrow Electronics by 653.1% in the second quarter. Bayforest Capital Ltd now owns 6,650 shares of the technology company’s stock worth $847,000 after acquiring an additional 5,767 shares during the period. Finally, Millennium Management LLC lifted its stake in Arrow Electronics by 31.7% in the first quarter. Millennium Management LLC now owns 255,883 shares of the technology company’s stock worth $26,568,000 after acquiring an additional 61,657 shares during the period. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Arrow Electronics Price Performance

ARW stock opened at $111.70 on Wednesday. The firm has a 50 day moving average price of $121.37 and a 200-day moving average price of $122.22. Arrow Electronics, Inc. has a 52-week low of $86.50 and a 52-week high of $134.74. The firm has a market capitalization of $5.75 billion, a price-to-earnings ratio of 12.64, a PEG 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.

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 the consensus estimate of $2.28 by $0.13. The firm had revenue of $7.71 billion during 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 business’s revenue was up 13.0% on a year-over-year basis. During the same period last year, the business earned $2.38 earnings per share. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. Equities research analysts forecast that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on ARW. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Arrow Electronics in a research report on Wednesday, October 8th. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Wall Street Zen lowered shares of Arrow Electronics from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Wells Fargo & Company lowered their target price on Arrow Electronics from $98.00 to $94.00 and set an “underweight” rating for the company in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Arrow Electronics presently has a consensus rating of “Hold” and a consensus price target 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.