Cooke & Bieler LP Trims Holdings in Arrow Electronics, Inc. $ARW

Cooke & Bieler LP lessened its holdings in shares of Arrow Electronics, Inc. (NYSE:ARW) by 33.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,182,932 shares of the technology company’s stock after selling 583,928 shares during the period. Arrow Electronics comprises approximately 1.5% of Cooke & Bieler LP’s holdings, making the stock its 23rd largest holding. Cooke & Bieler LP’s holdings in Arrow Electronics were worth $150,741,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Arrow Electronics by 12.3% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 821 shares of the technology company’s stock valued at $105,000 after buying an additional 90 shares during the period. Farther Finance Advisors LLC increased its position in Arrow Electronics by 84.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock valued at $28,000 after purchasing an additional 101 shares during the period. Meritage Portfolio Management increased its position in Arrow Electronics by 4.3% during the 2nd quarter. Meritage Portfolio Management now owns 2,440 shares of the technology company’s stock valued at $311,000 after purchasing an additional 101 shares during the period. Beverly Hills Private Wealth LLC increased its position in Arrow Electronics by 4.2% during the 1st quarter. Beverly Hills Private Wealth LLC now owns 2,643 shares of the technology company’s stock valued at $274,000 after purchasing an additional 106 shares during the period. Finally, Tectonic Advisors LLC increased its position in Arrow Electronics by 2.5% during the 2nd quarter. Tectonic Advisors LLC now owns 4,657 shares of the technology company’s stock valued at $593,000 after purchasing an additional 112 shares during the period. 99.34% of the stock is owned by hedge funds and other institutional investors.

Arrow Electronics Trading Down 1.7%

Shares of Arrow Electronics stock opened at $111.36 on Friday. The company’s fifty day simple moving average is $122.03 and its 200-day simple moving average is $121.79. The stock has a market capitalization of $5.74 billion, a PE ratio of 12.60, a P/E/G ratio of 0.55 and a beta of 1.09. Arrow Electronics, Inc. has a 1-year low of $86.50 and a 1-year high of $134.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.39 and a quick ratio of 1.07.

Arrow Electronics (NYSE:ARW) last released its earnings results on Thursday, October 30th. The technology company reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.28 by $0.13. The company had revenue of $7.71 billion for the quarter, compared to the consensus estimate of $7.67 billion. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.Arrow Electronics’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.38 earnings per share. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. As a group, equities analysts anticipate that Arrow Electronics, Inc. will post 10.57 earnings per share for the current year.

Analyst Ratings Changes

ARW has been the topic of several research analyst reports. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Wells Fargo & Company reduced their target price on Arrow Electronics from $98.00 to $94.00 and set an “underweight” rating on the stock in a report on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of Arrow Electronics in a report on Wednesday, October 8th. Finally, Wall Street Zen downgraded Arrow Electronics from a “buy” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Arrow Electronics has an average rating of “Hold” and an average target price of $102.00.

Arrow Electronics Company 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.