Quantbot Technologies LP Takes Position in Arrow Electronics, Inc. $ARW

Quantbot Technologies LP bought a new position in shares of Arrow Electronics, Inc. (NYSE:ARW) in the second quarter, Holdings Channel reports. The institutional investor bought 25,348 shares of the technology company’s stock, valued at approximately $5,410,000.

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

Arrow Electronics Price Performance

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

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 the consensus estimate of $4.45 by $1.00. The business 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 business’s revenue for the quarter was up 31.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.43 EPS. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Analysts predict that Arrow Electronics, Inc. will post 20.44 earnings per share for the current year.

Arrow Electronics announced that its board has initiated a stock repurchase program on Wednesday, May 13th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the technology company to buy up to 9.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

ARW has been the subject of several research reports. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $122.00 to $233.00 in a research report on Wednesday, May 13th. Raymond James Financial restated an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a report on Friday, August 7th. Truist Financial lowered their target price on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Wells Fargo & Company upped their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Finally, Zacks Research cut shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $233.25.

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.