Handelsbanken Fonder AB Boosts Position in Arrow Electronics, Inc. $ARW

Handelsbanken Fonder AB lifted its stake in shares of Arrow Electronics, Inc. (NYSE:ARW) by 44.8% during the 4th quarter, Holdings Channel reports. The fund owned 16,800 shares of the technology company’s stock after buying an additional 5,200 shares during the quarter. Handelsbanken Fonder AB’s holdings in Arrow Electronics were worth $1,851,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of Arrow Electronics by 3.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 382,641 shares of the technology company’s stock worth $46,300,000 after acquiring an additional 11,288 shares during the period. Gradient Investments LLC purchased a new position in shares of Arrow Electronics during the 4th quarter worth $765,000. Optimize Financial Inc purchased a new position in shares of Arrow Electronics during the 3rd quarter worth $1,312,000. Natixis Advisors LLC raised its holdings in shares of Arrow Electronics by 8.6% during the 3rd quarter. Natixis Advisors LLC now owns 184,466 shares of the technology company’s stock worth $22,320,000 after acquiring an additional 14,665 shares during the period. Finally, M&T Bank Corp raised its holdings in shares of Arrow Electronics by 1,315.2% during the 4th quarter. M&T Bank Corp now owns 58,915 shares of the technology company’s stock worth $6,491,000 after acquiring an additional 54,752 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Arrow Electronics Stock Up 0.1%

Shares of ARW opened at $217.55 on Tuesday. The firm has a market cap of $11.12 billion, a P/E ratio of 15.56 and a beta of 1.16. Arrow Electronics, Inc. has a 12-month low of $101.79 and a 12-month high of $219.01. The company’s 50-day moving average price is $172.64 and its 200 day moving average price is $141.41. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $5.22 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. Arrow Electronics’s revenue was up 39.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.80 EPS. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. On average, sell-side analysts forecast that Arrow Electronics, Inc. will post 17.97 earnings per share for the current year.

Arrow Electronics announced that its Board of Directors has initiated a share buyback program on Wednesday, May 13th that allows the company to buyback $1.00 billion in outstanding 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 usually a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Truist Financial lifted their price target on Arrow Electronics from $183.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Weiss Ratings upgraded Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Finally, Raymond James Financial restated an “outperform” rating and issued a $220.00 price objective on shares of Arrow Electronics in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $214.50.

Insider Activity

In related news, insider Eric Nowak sold 3,473 shares of the business’s stock in a transaction dated 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 directly owned 48,835 shares in the company, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.00, for a total transaction of $648,000.00. Following the sale, the senior vice president owned 12,626 shares in the company, valued at $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 currently owned by insiders.

Arrow Electronics 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.