Arrow Electronics, Inc. (NYSE:ARW) Given Average Recommendation of “Moderate Buy” by Brokerages

by · The Markets Daily

Arrow Electronics, Inc. (NYSE:ARW – Get Free Report) has been given an average recommendation of “Moderate Buy” by the six brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $233.25.

Several analysts have weighed in on the company. Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 1st. Wells Fargo & Company lifted their price target on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. Truist Financial decreased their price objective on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Wall Street Zen cut shares of Arrow Electronics from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Raymond James Financial restated an “outperform” rating and set a $250.00 target price on shares of Arrow Electronics in a research report on Friday, August 7th.

Read Our Latest Report on ARW

Insider Buying and Selling at Arrow Electronics

In other news, SVP Carine Jean-Claude sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total transaction of $209,850.00. Following the completion of the transaction, the senior vice president directly owned 11,626 shares of the company’s stock, valued at $2,439,716.10. This trade represents a 7.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Arrow Electronics

A number of large investors have recently bought and sold shares of ARW. MUFG Securities EMEA plc acquired a new position in shares of Arrow Electronics in the fourth quarter worth $14,544,000. Intech Investment Management LLC lifted its position in shares of Arrow Electronics by 92.3% in the fourth quarter. Intech Investment Management LLC now owns 10,042 shares of the technology company’s stock valued at $1,106,000 after acquiring an additional 4,821 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Arrow Electronics by 306.8% during the first quarter. Empowered Funds LLC now owns 36,928 shares of the technology company’s stock valued at $5,296,000 after acquiring an additional 27,851 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Arrow Electronics by 307.9% during the second quarter. Assenagon Asset Management S.A. now owns 220,920 shares of the technology company’s stock valued at $47,147,000 after acquiring an additional 166,762 shares during the last quarter. Finally, Handelsbanken Fonder AB increased its position in Arrow Electronics by 44.8% during the 4th 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 in the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Arrow Electronics Trading Up 2.2%

Shares of Arrow Electronics stock opened at $219.82 on Friday. The company has a 50-day moving average of $211.66 and a two-hundred day moving average of $195.15. Arrow Electronics has a 12-month low of $101.79 and a 12-month high of $237.33. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. The stock has a market cap of $11.19 billion, a PE ratio of 14.05, a price-to-earnings-growth ratio of 0.32 and a beta of 1.19.

Arrow Electronics (NYSE:ARW – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The business had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. During the same quarter in the previous year, the company earned $2.43 EPS. The company’s quarterly revenue was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, research analysts anticipate that Arrow Electronics will post 21.24 EPS for the current fiscal year.

About Arrow Electronics

(Get Free Report)

Arrow Electronics, Inc is a global technology distributor that connects electronic component manufacturers with original equipment manufacturers, contract manufacturers and other commercial customers. The company supplies semiconductors, passive components, electromechanical products and related embedded technologies used in products across industries such as communications, industrial, automotive, aerospace and defense, and consumer electronics.

Through its enterprise computing solutions business, Arrow also provides information-technology products and services, including data-center and cloud solutions, software, security, storage, networking and professional services.

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