Towle & Co. Trims Stock Position in Arrow Electronics, Inc. $ARW

Towle & Co. decreased its position in Arrow Electronics, Inc. (NYSE:ARW) by 16.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 77,387 shares of the technology company’s stock after selling 15,787 shares during the period. Arrow Electronics accounts for about 2.4% of Towle & Co.’s investment portfolio, making the stock its 17th biggest position. Towle & Co.’s holdings in Arrow Electronics were worth $9,364,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of ARW. Root Financial Partners LLC purchased a new position in Arrow Electronics during the 3rd quarter worth $26,000. Winnow Wealth LLC bought a new position in shares of Arrow Electronics during the 3rd quarter worth $26,000. True Wealth Design LLC grew its position in shares of Arrow Electronics by 660.0% during the 2nd quarter. True Wealth Design LLC now owns 266 shares of the technology company’s stock worth $34,000 after buying an additional 231 shares in the last quarter. Hantz Financial Services Inc. increased its stake in shares of Arrow Electronics by 1,547.1% during the second quarter. Hantz Financial Services Inc. now owns 280 shares of the technology company’s stock valued at $36,000 after buying an additional 263 shares during the period. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Arrow Electronics by 167.5% in the third quarter. Smartleaf Asset Management LLC now owns 337 shares of the technology company’s stock valued at $41,000 after acquiring an additional 211 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

Wall Street Analysts Forecast Growth

ARW has been the topic of several recent research reports. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Truist Financial upped their price target on shares of Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a research report on Friday, February 6th. Wells Fargo & Company lifted their price objective on shares of Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Finally, Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $124.33.

Insiders Place Their Bets

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 4,000 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $156.65, for a total value of $626,600.00. Following the completion of the sale, the senior vice president directly owned 16,261 shares in the company, valued at approximately $2,547,285.65. This trade represents a 19.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William F. Austen purchased 3,960 shares of the stock in a transaction on Thursday, February 19th. The stock was acquired at an average cost of $151.87 per share, with a total value of $601,405.20. Following the acquisition, the chief executive officer owned 44,722 shares of the company’s stock, valued at approximately $6,791,930.14. This represents a 9.71% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have sold 19,199 shares of company stock worth $3,009,786. 1.00% of the stock is currently owned by company insiders.

Arrow Electronics Stock Up 2.1%

NYSE:ARW opened at $157.05 on Friday. The company’s 50-day simple moving average is $126.36 and its 200-day simple moving average is $121.07. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.09 and a current ratio of 1.36. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week high of $160.63. The stock has a market capitalization of $8.02 billion, a P/E ratio of 14.36, a P/E/G ratio of 0.77 and a beta of 1.04.

Arrow Electronics (NYSE:ARW) last posted its earnings results on Thursday, February 5th. The technology company reported $4.39 EPS for the quarter, beating analysts’ consensus estimates of $3.55 by $0.84. The company had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.16 billion. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. Arrow Electronics’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.97 earnings per share. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. On average, equities analysts anticipate that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

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.