Arrow Electronics, Inc. $ARW Shares Sold by First Trust Advisors LP

First Trust Advisors LP decreased its stake in shares of Arrow Electronics, Inc. (NYSE:ARWFree Report) by 19.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 197,169 shares of the technology company’s stock after selling 47,712 shares during the quarter. First Trust Advisors LP’s holdings in Arrow Electronics were worth $25,126,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its holdings in Arrow Electronics by 84.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock worth $28,000 after buying an additional 101 shares during the last quarter. True Wealth Design LLC increased its holdings in shares of Arrow Electronics by 660.0% in the 2nd quarter. True Wealth Design LLC now owns 266 shares of the technology company’s stock valued at $34,000 after acquiring an additional 231 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Arrow Electronics by 1,547.1% during the 2nd quarter. Hantz Financial Services Inc. now owns 280 shares of the technology company’s stock valued at $36,000 after acquiring an additional 263 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Arrow Electronics by 68.1% during the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after purchasing an additional 143 shares during the last quarter. Finally, Quarry LP boosted its holdings in Arrow Electronics by 321.7% in the first quarter. Quarry LP now owns 388 shares of the technology company’s stock worth $40,000 after purchasing an additional 296 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ARW shares. Zacks Research cut shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a report on Friday, November 14th. Wall Street Zen downgraded shares of Arrow Electronics from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Arrow Electronics in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company decreased 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. Two analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Arrow Electronics has a consensus rating of “Reduce” and a consensus price target of $102.00.

Check Out Our Latest Stock Report on ARW

Arrow Electronics Stock Up 2.4%

Arrow Electronics stock opened at $116.38 on Thursday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.14 and a current ratio of 1.46. Arrow Electronics, Inc. has a one year low of $86.50 and a one year high of $134.74. The company has a 50-day simple moving average of $113.53 and a 200-day simple moving average of $121.02. The firm has a market capitalization of $5.99 billion, a P/E ratio of 12.86, a P/E/G ratio of 1.04 and a beta of 1.04.

Arrow Electronics (NYSE:ARWGet Free Report) last posted its earnings results on Thursday, October 30th. The technology company reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.28 by $0.13. Arrow Electronics had a net margin of 1.62% and a return on equity of 8.19%. The firm had revenue of $7.71 billion during the quarter, compared to analyst estimates of $7.67 billion. During the same period in the previous year, the business posted $2.38 EPS. Arrow Electronics’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. As a group, equities analysts expect that Arrow Electronics, Inc. will post 10.57 earnings per share for the current year.

About Arrow Electronics

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Arrow Electronics (NYSE:ARW)

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