Ieq Capital LLC Invests $19.58 Million in Arrow Electronics, Inc. $ARW

Ieq Capital LLC purchased a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 91,735 shares of the technology company’s stock, valued at approximately $19,577,000.

Several other large investors have also recently modified their holdings of the stock. Bayban purchased a new stake in Arrow Electronics during the 1st quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. raised its holdings in Arrow Electronics by 112.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after buying an additional 131 shares during the last quarter. Transamerica Financial Advisors LLC purchased a new position in Arrow Electronics in the fourth quarter worth about $27,000. Keating Financial Advisory Services Inc. bought a new position in shares of Arrow Electronics in the second quarter worth approximately $28,000. Finally, Advisory Services Network LLC bought a new position in shares of Arrow Electronics in the third quarter worth approximately $31,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Analyst Upgrades and Downgrades

ARW has been the subject of several analyst reports. Raymond James Financial reissued an “outperform” rating and set a $250.00 price target on shares of Arrow Electronics in a research report on Friday, August 7th. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Truist Financial cut their target price on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Wall Street Zen raised Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $233.25.

Arrow Electronics Stock Performance

Shares of NYSE ARW opened at $210.98 on Friday. The firm’s 50-day moving average price is $213.28 and its 200-day moving average price is $186.80. Arrow Electronics, Inc. has a 52-week low of $101.79 and a 52-week high of $237.33. The company has a market cap of $10.74 billion, a PE ratio of 13.48, a PEG ratio of 0.32 and a beta of 1.20. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating the consensus estimate of $4.45 by $1.00. The firm had revenue of $9.99 billion during the quarter, compared to analysts’ expectations of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The firm’s quarterly revenue was up 31.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.43 earnings per share. 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 EPS for the current year.

Arrow Electronics declared that its board has initiated a share buyback program on Wednesday, May 13th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to purchase up to 9.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is 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.