Arrow Electronics, Inc. (NYSE:ARW – Get Free Report) hit a new 52-week high during mid-day trading on Monday after an insider bought additional shares in the company. The stock traded as high as $161.03 and last traded at $158.81, with a volume of 44459 shares traded. The stock had previously closed at $157.03.
Specifically, CEO William F. Austen acquired 3,960 shares of the company’s stock in a transaction dated Thursday, February 19th. The stock was purchased at an average price of $151.87 per share, with a total value of $601,405.20. Following the completion of the purchase, the chief executive officer owned 44,722 shares in the company, valued at $6,791,930.14. This trade represents a 9.71% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Analyst Ratings Changes
A number of research firms recently commented on ARW. 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 objective on shares of Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Wells Fargo & Company increased their target price on shares of Arrow Electronics from $94.00 to $115.00 and gave the stock an “underweight” rating in a report on Friday, February 6th. Finally, Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $124.33.
Arrow Electronics Price Performance
The firm has a market cap of $8.01 billion, a PE ratio of 14.33, a price-to-earnings-growth ratio of 0.80 and a beta of 1.04. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.36 and a quick ratio of 1.09. The firm has a 50-day simple moving average of $128.16 and a 200 day simple moving average of $121.67.
Arrow Electronics (NYSE:ARW – Get Free Report) last released its earnings results on Thursday, February 5th. The technology company reported $4.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.55 by $0.84. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. The firm had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.16 billion. During the same period in the prior year, the firm earned $2.97 EPS. The company’s revenue was up 20.1% compared to the same quarter last year. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. As a group, equities analysts expect that Arrow Electronics, Inc. will post 10.57 EPS for the current year.
Hedge Funds Weigh In On Arrow Electronics
Several large investors have recently made changes to their positions in ARW. Gateway Investment Advisers LLC grew its stake in shares of Arrow Electronics by 3.8% in the 4th quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company’s stock worth $251,000 after buying an additional 84 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Arrow Electronics by 25.2% in the second quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock worth $56,000 after acquiring an additional 89 shares during the last quarter. Studio Investment Management LLC grew its stake in shares of Arrow Electronics by 3.2% in the fourth quarter. Studio Investment Management LLC now owns 3,094 shares of the technology company’s stock worth $341,000 after acquiring an additional 95 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Arrow Electronics by 17.6% during the fourth quarter. Hantz Financial Services Inc. now owns 667 shares of the technology company’s stock valued at $73,000 after acquiring an additional 100 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Arrow Electronics by 38.3% in the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the technology company’s stock worth $41,000 after purchasing an additional 102 shares during the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.
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.
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