Royce & Associates LP Reduces Stock Position in Arrow Electronics, Inc. $ARW

by · The Cerbat Gem

Royce & Associates LP cut its holdings in Arrow Electronics, Inc. (NYSE:ARW – Free Report) by 9.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 66,327 shares of the technology company’s stock after selling 6,836 shares during the period. Royce & Associates LP owned 0.13% of Arrow Electronics worth $7,308,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Optimize Financial Inc lifted its holdings in Arrow Electronics by 1.4% in the fourth quarter. Optimize Financial Inc now owns 10,998 shares of the technology company’s stock valued at $1,212,000 after acquiring an additional 156 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Arrow Electronics by 17.6% during the 4th quarter. Hantz Financial Services Inc. now owns 667 shares of the technology company’s stock worth $73,000 after purchasing an additional 100 shares during the period. Lind Value II ApS grew its holdings in shares of Arrow Electronics by 11.8% during the 4th quarter. Lind Value II ApS now owns 383,270 shares of the technology company’s stock worth $42,229,000 after purchasing an additional 40,328 shares during the period. Jefferies Financial Group Inc. purchased a new position in shares of Arrow Electronics during the 4th quarter worth $388,000. Finally, Global Retirement Partners LLC grew its holdings in shares of Arrow Electronics by 849.6% during the 4th quarter. Global Retirement Partners LLC now owns 1,073 shares of the technology company’s stock worth $118,000 after purchasing an additional 960 shares during the period. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ARW has been the subject of a number of research analyst reports. Wells Fargo & Company increased their price target on Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a report on Friday, May 8th. Raymond James Financial reiterated an “outperform” rating and set a $220.00 price target on shares of Arrow Electronics in a report on Friday, May 8th. Truist Financial increased their price target on Arrow Electronics from $183.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. Finally, Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $214.50.

Get Our Latest Analysis on Arrow Electronics

Arrow Electronics Stock Down 0.8%

NYSE:ARW opened at $215.87 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35. The stock’s fifty day moving average is $177.33 and its two-hundred day moving average is $143.67. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $224.83. The stock has a market capitalization of $11.04 billion, a price-to-earnings ratio of 15.44 and a beta of 1.16.

Arrow Electronics (NYSE:ARW – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The company had revenue of $9.47 billion for the quarter, compared to analysts’ expectations of $8.39 billion. During the same period in the prior year, the firm earned $1.80 earnings per share. The firm’s revenue was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Research analysts anticipate that Arrow Electronics, Inc. will post 17.97 EPS for the current year.

Arrow Electronics announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other Arrow Electronics news, insider Eric Nowak sold 3,473 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the transaction, the insider directly owned 48,835 shares in the company, valued at $10,303,696.65. This represents a 6.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the transaction, the senior vice president owned 12,626 shares in the company, valued at $2,727,216. This trade represents a 19.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is owned by corporate insiders.

Arrow Electronics Company Profile

(Free Report)

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.

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