13,588 Shares in Arrow Electronics, Inc. $ARW Purchased by Foster & Motley Inc.

Foster & Motley Inc. acquired a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 13,588 shares of the technology company’s stock, valued at approximately $2,900,000.

Other institutional investors have also bought and sold shares of the company. Pzena Investment Management LLC purchased a new position in Arrow Electronics in the 2nd quarter worth approximately $26,712,000. Citizens Financial Group Inc. RI acquired a new stake in shares of Arrow Electronics in the second quarter valued at approximately $402,000. BlackRock Inc. acquired a new stake in shares of Arrow Electronics in the second quarter valued at approximately $1,070,534,000. Pallas Capital Advisors LLC purchased a new position in Arrow Electronics during the second quarter worth approximately $1,154,000. Finally, Deutsche Bank AG purchased a new position in Arrow Electronics during the second quarter worth approximately $1,066,000. 99.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ARW. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Wells Fargo & Company lifted their price target on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Zacks Research cut shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a report on Tuesday, May 26th. Finally, Bank of America upgraded shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $122.00 to $233.00 in a research report on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $233.25.

Insider Buying and Selling at Arrow Electronics

In related news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $216.00, for a total transaction of $648,000.00. Following the sale, the senior vice president directly owned 12,626 shares of the company’s stock, valued at $2,727,216. This represents a 19.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.80% of the company’s stock.

Arrow Electronics Stock Performance

NYSE ARW opened at $213.26 on Wednesday. Arrow Electronics, Inc. has a twelve month low of $101.79 and a twelve month high of $237.33. The stock has a market cap of $10.86 billion, a PE ratio of 13.63, a P/E/G ratio of 0.33 and a beta of 1.20. The stock has a fifty day simple moving average of $214.12 and a 200-day simple moving average of $185.60. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29.

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

Arrow Electronics announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

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.