Group One Trading LLC Takes Position in Arrow Electronics, Inc. $ARW

Group One Trading LLC purchased a new stake in Arrow Electronics, Inc. (NYSE:ARWFree Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,590 shares of the technology company’s stock, valued at approximately $980,000.

Several other institutional investors also recently bought and sold shares of the company. Bayban purchased a new stake in shares of Arrow Electronics in the 1st quarter worth $26,000. Northwestern Mutual Wealth Management Co. increased its stake 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 buying an additional 131 shares during the period. Transamerica Financial Advisors LLC bought a new stake in shares of Arrow Electronics in the fourth quarter valued at about $27,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Arrow Electronics in the second quarter valued at about $28,000. Finally, Advisory Services Network LLC purchased a new stake in Arrow Electronics in the third quarter worth about $31,000. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on ARW. Wells Fargo & Company raised 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. Zacks Research cut shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Bank of America upgraded shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a report on Tuesday, May 26th. Finally, Truist Financial reduced their price objective on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Three 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 data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $233.25.

Check Out Our Latest Analysis on Arrow Electronics

Arrow Electronics Stock Performance

Shares of Arrow Electronics stock opened at $201.87 on Tuesday. The company has a market capitalization of $10.28 billion, a PE ratio of 12.90, 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 quick ratio of 1.01 and a current ratio of 1.22. The company has a 50-day simple moving average of $212.75 and a two-hundred day simple moving average of $187.65. Arrow Electronics, Inc. has a one year low of $101.79 and a one year high of $237.33.

Arrow Electronics (NYSE:ARWGet Free Report) last released 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 net margin of 2.26% and a return on equity of 13.41%. The business had revenue of $9.99 billion for the quarter, compared to analysts’ expectations of $9.67 billion. During the same period last year, the business earned $2.43 EPS. The company’s revenue 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. Research analysts expect that Arrow Electronics, Inc. will post 20.44 EPS for the current fiscal year.

Arrow Electronics declared that its board has initiated a stock 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 repurchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

About Arrow Electronics

(Free Report)

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.

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Institutional Ownership by Quarter for Arrow Electronics (NYSE:ARW)

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