Chicago Partners Investment Group LLC Acquires Shares of 3,706 Arrow Electronics, Inc. $ARW

Chicago Partners Investment Group LLC bought a new position in shares of Arrow Electronics, Inc. (NYSE:ARW) during the first quarter, HoldingsChannel reports. The firm bought 3,706 shares of the technology company’s stock, valued at approximately $531,000.

Several other hedge funds also recently made changes to their positions in ARW. Tevis Investment Management raised its position in shares of Arrow Electronics by 118.3% during the 1st quarter. Tevis Investment Management now owns 15,652 shares of the technology company’s stock valued at $2,245,000 after acquiring an additional 8,483 shares in the last quarter. Hibernia Wealth Partners LLC acquired a new position in Arrow Electronics in the first quarter worth $233,000. Carnegie Investment Counsel acquired a new position in Arrow Electronics in the first quarter worth $212,000. Fifth Third Bancorp increased its stake in Arrow Electronics by 104.8% during the first quarter. Fifth Third Bancorp now owns 35,530 shares of the technology company’s stock valued at $5,095,000 after purchasing an additional 18,184 shares during the last quarter. Finally, ACR Alpine Capital Research LLC increased its stake in Arrow Electronics by 3.9% during the first quarter. ACR Alpine Capital Research LLC now owns 3,578,313 shares of the technology company’s stock valued at $513,166,000 after purchasing an additional 132,720 shares during the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Arrow Electronics Price Performance

Shares of ARW opened at $206.39 on Friday. Arrow Electronics, Inc. has a 12 month low of $101.79 and a 12 month high of $237.33. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.24 and a quick ratio of 1.02. The stock has a fifty day moving average price of $214.97 and a 200 day moving average price of $170.05. The company has a market cap of $10.55 billion, a P/E ratio of 14.76 and a beta of 1.20.

Arrow Electronics (NYSE:ARW) last posted its earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share (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 company had revenue of $9.47 billion for the quarter, compared to analysts’ expectations of $8.39 billion. During the same period last year, the business posted $1.80 earnings per share. The firm’s quarterly revenue 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. On average, research analysts forecast that Arrow Electronics, Inc. will post 19.15 earnings per share for the current year.

Arrow Electronics declared that its Board of Directors has initiated a stock buyback program on Wednesday, May 13th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

ARW has been the topic of a number of recent research reports. Raymond James Financial restated an “outperform” rating and issued a $220.00 price target on shares of Arrow Electronics in a research report on Friday, May 8th. Wells Fargo & Company boosted their price objective on shares of Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Friday, May 8th. Truist Financial increased their price objective on shares of Arrow Electronics from $240.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a report on Tuesday, May 26th. Finally, Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Arrow Electronics has a consensus rating of “Moderate Buy” and a consensus price target of $219.50.

Insider Transactions at Arrow Electronics

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $216.00, for a total transaction of $648,000.00. Following the completion of the transaction, the senior vice president directly owned 12,626 shares of the company’s stock, valued at $2,727,216. The trade was a 19.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Eric Nowak sold 3,473 shares of the company’s stock in a transaction dated 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 transaction, the insider owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. This trade represents a 6.64% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is owned by company insiders.

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.