Freedom Investment Management Inc. Sells 400 Shares of Arrow Electronics, Inc. $ARW

Freedom Investment Management Inc. lessened its stake in Arrow Electronics, Inc. (NYSE:ARW) by 16.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,092 shares of the technology company’s stock after selling 400 shares during the period. Freedom Investment Management Inc.’s holdings in Arrow Electronics were worth $267,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. DnB Asset Management AS increased its stake in Arrow Electronics by 23.4% in the 1st quarter. DnB Asset Management AS now owns 685,051 shares of the technology company’s stock worth $71,129,000 after buying an additional 129,986 shares during the period. Northern Trust Corp increased its stake in Arrow Electronics by 6.3% in the 1st quarter. Northern Trust Corp now owns 672,375 shares of the technology company’s stock worth $69,813,000 after buying an additional 40,120 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Arrow Electronics by 2.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 509,679 shares of the technology company’s stock worth $52,920,000 after buying an additional 10,772 shares during the period. Hotchkis & Wiley Capital Management LLC increased its stake in Arrow Electronics by 1.7% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 369,940 shares of the technology company’s stock worth $38,411,000 after buying an additional 6,293 shares during the period. Finally, Alyeska Investment Group L.P. purchased a new position in Arrow Electronics in the 1st quarter worth about $35,598,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Insider Buying and Selling at Arrow Electronics

In other news, CEO Sean J. Kerins purchased 8,630 shares of the stock in a transaction dated Friday, August 1st. The shares were acquired at an average cost of $114.91 per share, for a total transaction of $991,673.30. Following the acquisition, the chief executive officer owned 122,408 shares of the company’s stock, valued at approximately $14,065,903.28. This represents a 7.58% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on ARW shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Arrow Electronics in a research note on Wednesday, October 8th. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Finally, Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Arrow Electronics has an average rating of “Hold” and an average target price of $115.75.

Arrow Electronics Trading Down 0.7%

NYSE ARW opened at $119.19 on Tuesday. Arrow Electronics, Inc. has a one year low of $86.50 and a one year high of $137.80. The company has a market capitalization of $6.14 billion, a price-to-earnings ratio of 13.48, a price-to-earnings-growth ratio of 0.57 and a beta of 1.09. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. The company’s 50-day simple moving average is $122.93 and its two-hundred day simple moving average is $121.49.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.40. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The business had revenue of $7.58 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period last year, the business earned $2.78 EPS. The company’s revenue was up 10.0% compared to the same quarter last year. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. Equities analysts forecast that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Arrow Electronics Profile

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.