Arrow Electronics, Inc. (NYSE:ARW) Receives Average Recommendation of “Moderate Buy” from Brokerages

Arrow Electronics, Inc. (NYSE:ARW) has been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $219.50.

ARW has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a report on Tuesday, May 26th. Raymond James Financial reiterated an “outperform” rating and issued a $220.00 target price on shares of Arrow Electronics in a report on Friday, May 8th. Truist Financial upped their price objective on shares of Arrow Electronics from $240.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and increased their price target for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Finally, Wells Fargo & Company upped their price objective on Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Friday, May 8th.

Insider Transactions at Arrow Electronics

In related news, insider Eric Nowak sold 3,473 shares of Arrow Electronics stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total value of $732,768.27. Following the sale, the insider 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $216.00, for a total value of $648,000.00. Following the transaction, the senior vice president directly owned 12,626 shares of the company’s stock, valued at approximately $2,727,216. This trade represents a 19.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by insiders.

Institutional Trading of Arrow Electronics

Hedge funds and other institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Arrow Electronics by 45.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock valued at $2,154,000 after purchasing an additional 6,523 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Arrow Electronics by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock valued at $20,763,000 after buying an additional 14,886 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of Arrow Electronics by 68.1% in the 1st 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. Sivia Capital Partners LLC bought a new position in shares of Arrow Electronics in the 2nd quarter worth about $492,000. Finally, Walleye Capital LLC bought a new stake in Arrow Electronics during the second quarter worth about $475,000. Institutional investors own 99.34% of the company’s stock.

Arrow Electronics Stock Performance

Shares of ARW stock opened at $198.03 on Monday. 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 fifty day simple moving average of $212.05 and a two-hundred day simple moving average of $164.10. Arrow Electronics has a 12 month low of $101.79 and a 12 month high of $237.33. The firm has a market capitalization of $10.13 billion, a PE ratio of 14.17 and a beta of 1.20.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings data on Thursday, May 7th. The technology company reported $5.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.92 by $2.30. The firm had revenue of $9.47 billion for the quarter, compared to analyst estimates of $8.39 billion. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The business’s quarterly revenue was up 39.0% compared to the same quarter last year. During the same period last year, the firm earned $1.80 earnings per share. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Analysts forecast that Arrow Electronics will post 19.15 EPS for the current fiscal year.

Arrow Electronics declared that its board has authorized a stock buyback plan on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the technology company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

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.