Principle Wealth Partners LLC Makes New Investment in Arrow Electronics, Inc. $ARW

Principle Wealth Partners LLC bought a new position in shares of Arrow Electronics, Inc. (NYSE:ARW) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,905 shares of the technology company’s stock, valued at approximately $1,047,000.

Several other hedge funds have also modified their holdings of the stock. Global Retirement Partners LLC acquired a new stake in shares of Arrow Electronics in the second quarter valued at approximately $633,000. Bank of New York Mellon Corp acquired a new position in Arrow Electronics during the 2nd quarter worth $71,338,000. Focus Partners Advisor Solutions LLC acquired a new position in Arrow Electronics during the 2nd quarter worth $1,343,000. State of Wyoming bought a new position in Arrow Electronics in the 2nd quarter valued at $242,000. Finally, GSA Capital Partners LLP bought a new position in Arrow Electronics in the 2nd quarter valued at $206,000. 99.34% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ARW has been the subject of a number of recent research reports. Raymond James Financial restated an “outperform” rating and set a $250.00 target price on shares of Arrow Electronics in a research report on Friday, August 7th. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their price target for the company from $122.00 to $233.00 in a report on Wednesday, May 13th. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Zacks Research cut Arrow Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Finally, Wells Fargo & Company upped their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Arrow Electronics has a consensus rating of “Hold” and an average target price of $233.25.

Arrow Electronics Price Performance

ARW opened at $220.60 on Tuesday. The company has a fifty day moving average price of $214.24 and a two-hundred day moving average price of $185.00. The firm has a market capitalization of $11.23 billion, a PE ratio of 14.10, a P/E/G ratio of 0.33 and a beta of 1.20. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $237.33. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.22.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating analysts’ consensus estimates of $4.45 by $1.00. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The company had revenue of $9.99 billion for the quarter, compared to the consensus estimate of $9.67 billion. During the same quarter in the prior year, the business posted $2.43 EPS. The firm’s quarterly revenue was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, analysts anticipate that Arrow Electronics, Inc. will post 20.44 earnings per share for the current year.

Arrow Electronics declared that its Board of Directors has initiated a share buyback plan on Wednesday, May 13th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits 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.

Insider Transactions at Arrow Electronics

In other news, 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 completion of the transaction, the senior vice president directly owned 12,626 shares in the company, valued at approximately $2,727,216. The trade was a 19.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Eric Nowak sold 3,473 shares of the company’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 completion of the sale, the insider directly 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 ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.80% of the company’s stock.

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.