Cooke & Bieler LP Sells 335,156 Shares of Arrow Electronics, Inc. $ARW

Cooke & Bieler LP trimmed its stake in shares of Arrow Electronics, Inc. (NYSE:ARW) by 67.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 164,993 shares of the technology company’s stock after selling 335,156 shares during the period. Cooke & Bieler LP’s holdings in Arrow Electronics were worth $18,179,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ACR Alpine Capital Research LLC raised its holdings in shares of Arrow Electronics by 42.6% in the fourth quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock valued at $379,635,000 after purchasing an additional 1,028,778 shares during the last quarter. AQR Capital Management LLC raised its stake in Arrow Electronics by 37.7% in the 3rd quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock valued at $384,818,000 after acquiring an additional 871,585 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Arrow Electronics by 197.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 458,036 shares of the technology company’s stock worth $55,422,000 after buying an additional 303,942 shares during the last quarter. DNB Asset Management AS lifted its position in Arrow Electronics by 49.8% during the fourth quarter. DNB Asset Management AS now owns 706,687 shares of the technology company’s stock worth $77,863,000 after acquiring an additional 234,874 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in Arrow Electronics by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 6,085,440 shares of the technology company’s stock valued at $736,338,000 after purchasing an additional 204,024 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

Arrow Electronics Price Performance

Shares of NYSE ARW opened at $217.55 on Tuesday. The firm’s 50-day moving average price is $172.64 and its 200-day moving average price is $141.41. Arrow Electronics, Inc. has a 1-year low of $101.79 and a 1-year high of $219.01. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $11.12 billion, a P/E ratio of 15.56 and a beta of 1.16.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, beating 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 firm had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $8.39 billion. During the same quarter last year, the firm posted $1.80 earnings per share. The company’s revenue for the quarter 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. Equities research analysts anticipate that Arrow Electronics, Inc. will post 17.97 earnings per share for the current fiscal year.

Arrow Electronics announced that its Board of Directors has approved a stock repurchase program on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 9.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

ARW has been the subject of a number of recent research reports. Weiss Ratings raised shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Raymond James Financial reaffirmed an “outperform” rating and set a $220.00 target price on shares of Arrow Electronics in a research note on Friday, May 8th. Wells Fargo & Company boosted 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. 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, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Arrow Electronics has an average rating of “Moderate Buy” and an average target price of $214.50.

Insider Buying and Selling

In other Arrow Electronics news, insider Eric Nowak sold 3,473 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider directly owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 sale, the senior vice president owned 12,626 shares of the company’s stock, valued at $2,727,216. This trade represents a 19.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.80% of the company’s stock.

About Arrow Electronics

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.