Assenagon Asset Management S.A. Increases Stock Position in Arrow Electronics, Inc. $ARW

Assenagon Asset Management S.A. raised its stake in shares of Arrow Electronics, Inc. (NYSE:ARW) by 231.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,079 shares of the technology company’s stock after acquiring an additional 55,954 shares during the period. Assenagon Asset Management S.A.’s holdings in Arrow Electronics were worth $8,823,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of Arrow Electronics in the 3rd quarter worth approximately $26,000. Winnow Wealth LLC acquired a new stake in Arrow Electronics in the 3rd quarter valued at approximately $26,000. Advisory Services Network LLC purchased a new stake in Arrow Electronics in the third quarter valued at approximately $31,000. Quarry LP acquired a new position in Arrow Electronics during the third quarter worth $33,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of 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 buying an additional 143 shares during the period. 99.34% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Wells Fargo & Company raised their target price on Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Weiss Ratings raised Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Truist Financial boosted their price target on shares of Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a research note on Friday, February 6th. Finally, Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Arrow Electronics has an average rating of “Hold” and an average target price of $124.33.

Insider Activity at Arrow Electronics

In related news, CEO William F. Austen bought 3,960 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were purchased at an average cost of $151.87 per share, with a total value of $601,405.20. Following the transaction, the chief executive officer directly 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 purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Eric Nowak sold 12,699 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $157.09, for a total transaction of $1,994,885.91. Following the completion of the transaction, the insider owned 43,509 shares of the company’s stock, valued at $6,834,828.81. This represents a 22.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 19,199 shares of company stock worth $3,009,786. Corporate insiders own 1.00% of the company’s stock.

Arrow Electronics Price Performance

ARW stock opened at $139.80 on Friday. The business has a 50 day moving average price of $141.89 and a 200 day moving average price of $124.54. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 0.46. The stock has a market cap of $7.14 billion, a price-to-earnings ratio of 12.78, a PEG ratio of 0.71 and a beta of 1.01. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week high of $162.61.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, February 5th. The technology company reported $4.39 EPS for the quarter, beating the consensus estimate of $3.55 by $0.84. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. The company had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.16 billion. During the same period in the prior year, the firm posted $2.97 earnings per share. The firm’s revenue was up 20.1% on a year-over-year basis. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. Equities research 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.