23,092 Shares in Arrow Electronics, Inc. $ARW Bought by Jupiter Topco LLC

Jupiter Topco LLC purchased a new stake in Arrow Electronics, Inc. (NYSE:ARW) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 23,092 shares of the technology company’s stock, valued at approximately $4,932,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Arrow Electronics during the 2nd quarter worth $1,070,534,000. ACR Alpine Capital Research LLC increased its holdings in Arrow Electronics by 42.6% in the fourth quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock valued at $379,635,000 after buying an additional 1,028,778 shares during the last quarter. AQR Capital Management LLC raised its stake in Arrow Electronics by 37.7% in the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock valued at $384,818,000 after buying an additional 871,585 shares in the last quarter. Brandes Investment Partners LP lifted its holdings in Arrow Electronics by 1,412.3% during the 4th quarter. Brandes Investment Partners LP now owns 409,461 shares of the technology company’s stock worth $45,115,000 after buying an additional 382,385 shares during the last quarter. Finally, Wedge Capital Management L L P NC purchased a new stake in Arrow Electronics during the 2nd quarter worth about $72,308,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Raymond James Financial reaffirmed an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a report on Friday, August 7th. Truist Financial cut their price objective on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Zacks Research downgraded shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Finally, Wells Fargo & Company upped their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a report on Friday, August 7th. Three investment 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’s stock. According to MarketBeat, Arrow Electronics presently has an average rating of “Hold” and an average price target of $233.25.

Arrow Electronics Stock Up 0.1%

Shares of NYSE ARW opened at $204.13 on Tuesday. The business has a 50-day moving average price of $210.17 and a 200 day moving average price of $189.58. The stock has a market cap of $10.39 billion, a PE ratio of 13.04, a price-to-earnings-growth ratio of 0.30 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, Inc. has a 52-week low of $101.79 and a 52-week high of $237.33.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, topping the consensus estimate of $4.45 by $1.00. The company had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The firm’s revenue was up 31.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Equities research analysts forecast that Arrow Electronics, Inc. will post 21.24 earnings per share for the current year.

Arrow Electronics announced that its Board of Directors has authorized a share buyback program on Wednesday, May 13th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the technology company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

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.