Pinnbrook Capital Management LP Takes $5.06 Million Position in Arrow Electronics, Inc. $ARW

Pinnbrook Capital Management LP purchased a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 23,700 shares of the technology company’s stock, valued at approximately $5,058,000.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Arrow Electronics by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 6,122,857 shares of the technology company’s stock worth $674,616,000 after buying an additional 37,417 shares during the period. BlackRock Inc. purchased a new stake in shares of Arrow Electronics in the second quarter valued at $1,070,534,000. ACR Alpine Capital Research LLC raised its stake in shares of Arrow Electronics by 3.9% in the first quarter. ACR Alpine Capital Research LLC now owns 3,578,313 shares of the technology company’s stock valued at $513,166,000 after acquiring an additional 132,720 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Arrow Electronics by 37.7% in the 3rd quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock worth $384,818,000 after acquiring an additional 871,585 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Arrow Electronics by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,007,509 shares of the technology company’s stock worth $431,280,000 after purchasing an additional 11,894 shares during the period. 99.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ARW has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their price objective on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research report on Friday, August 7th. Zacks Research lowered Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. Truist Financial reduced their price target on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Finally, Raymond James Financial reissued an “outperform” rating and set a $250.00 price target on shares of Arrow Electronics in a research note on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $233.25.

Arrow Electronics Trading Up 2.1%

ARW stock opened at $210.98 on Friday. Arrow Electronics, Inc. has a 12 month low of $101.79 and a 12 month high of $237.33. The firm’s 50-day moving average is $213.28 and its 200 day moving average is $186.80. The company has a market capitalization of $10.74 billion, a PE ratio of 13.48, a P/E/G ratio of 0.32 and a beta of 1.20. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.22 and a quick ratio of 1.01.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.45 by $1.00. The company 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 EPS. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, research analysts anticipate that Arrow Electronics, Inc. will post 20.44 EPS for the current year.

Arrow Electronics declared that its Board of Directors has initiated a stock repurchase 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 buy up to 9.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership 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.