Arrow Electronics, Inc. (NYSE:ARW) Stock Has Consensus Target Price of $233.25 According to Brokerages

Arrow Electronics, Inc. (NYSE:ARW) has been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $233.25.

Several brokerages recently issued reports on ARW. Wells Fargo & Company increased their price objective on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 1st. Wall Street Zen cut Arrow Electronics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 19th. Truist Financial dropped their target price 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 reiterated an “outperform” rating and issued a $250.00 target price on shares of Arrow Electronics in a report on Friday, August 7th.

Arrow Electronics Stock Performance

Shares of ARW opened at $213.86 on Wednesday. Arrow Electronics has a one year low of $101.79 and a one year high of $249.43. The company has a 50-day moving average of $218.05 and a two-hundred day moving average of $207.78. The stock has a market cap of $10.89 billion, a price-to-earnings ratio of 13.67, a PEG ratio of 0.31 and a beta of 1.16. 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 earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, topping the consensus estimate of $4.45 by $1.00. The business had revenue of $9.99 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the firm posted $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, equities research analysts expect that Arrow Electronics will post 21.24 earnings per share for the current year.

Insider Activity at Arrow Electronics

In related news, SVP Carine Jean-Claude sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total transaction of $209,850.00. Following the transaction, the senior vice president directly owned 11,626 shares of the company’s stock, valued at approximately $2,439,716.10. The trade was a 7.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Arrow Electronics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Private Advisor Group LLC increased its stake in shares of Arrow Electronics by 2.6% during the 1st quarter. Private Advisor Group LLC now owns 3,054 shares of the technology company’s stock worth $438,000 after purchasing an additional 78 shares during the last quarter. Root Financial Partners LLC raised its holdings in shares of Arrow Electronics by 38.9% during the 1st quarter. Root Financial Partners LLC now owns 282 shares of the technology company’s stock valued at $40,000 after purchasing an additional 79 shares in the last quarter. Krilogy Financial LLC raised its holdings in shares of Arrow Electronics by 3.2% during the 1st quarter. Krilogy Financial LLC now owns 2,543 shares of the technology company’s stock valued at $365,000 after purchasing an additional 80 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of Arrow Electronics by 0.8% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 10,567 shares of the technology company’s stock valued at $2,255,000 after purchasing an additional 84 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Arrow Electronics by 6.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,554 shares of the technology company’s stock valued at $171,000 after purchasing an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

About Arrow Electronics

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing products. The company connects manufacturers with industrial and commercial customers, supplying semiconductors, embedded components, and related technologies used in products such as automotive systems, communications equipment, industrial machinery, and consumer electronics.

Through its enterprise computing business, Arrow provides data-center and information-technology products and services, including servers, storage, networking equipment, software, cloud solutions, and security technologies.