JPMorgan Chase & Co. Has $46.30 Million Stock Position in Arrow Electronics, Inc. $ARW

JPMorgan Chase & Co. boosted its stake in shares of Arrow Electronics, Inc. (NYSE:ARWFree Report) by 3.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 382,641 shares of the technology company’s stock after acquiring an additional 11,288 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.74% of Arrow Electronics worth $46,300,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ARW. Root Financial Partners LLC bought a new stake in shares of Arrow Electronics during the third quarter valued at approximately $26,000. Winnow Wealth LLC bought a new position in Arrow Electronics in the 3rd quarter worth approximately $26,000. True Wealth Design LLC lifted its holdings in Arrow Electronics by 660.0% during the 2nd quarter. True Wealth Design LLC now owns 266 shares of the technology company’s stock worth $34,000 after buying an additional 231 shares in the last quarter. Hantz Financial Services Inc. boosted its position in Arrow Electronics by 1,547.1% in the 2nd quarter. Hantz Financial Services Inc. now owns 280 shares of the technology company’s stock valued at $36,000 after buying an additional 263 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Arrow Electronics by 68.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after buying an additional 143 shares during the period. 99.34% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Wells Fargo & Company upped their target price on shares of Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a research report on Friday, February 6th. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Finally, Truist Financial raised their price target on Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Arrow Electronics presently has an average rating of “Hold” and an average price target of $124.33.

Read Our Latest Stock Analysis on Arrow Electronics

Insider Activity at Arrow Electronics

In other news, insider Eric Nowak sold 12,699 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $157.09, for a total value of $1,994,885.91. Following the sale, the insider directly owned 43,509 shares in the company, valued at $6,834,828.81. The trade was a 22.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO William F. Austen acquired 3,960 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were purchased at an average price of $151.87 per share, with a total value of $601,405.20. Following the completion of the acquisition, the chief executive officer owned 44,722 shares of the company’s stock, valued at $6,791,930.14. This represents a 9.71% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders sold 19,199 shares of company stock valued at $3,009,786. 1.00% of the stock is owned by insiders.

Arrow Electronics Stock Performance

Shares of Arrow Electronics stock opened at $153.99 on Friday. The stock’s fifty day simple moving average is $129.86 and its 200 day simple moving average is $122.12. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $7.87 billion, a PE ratio of 14.08, a PEG ratio of 0.78 and a beta of 1.04. Arrow Electronics, Inc. has a 12 month low of $86.50 and a 12 month high of $162.61.

Arrow Electronics (NYSE:ARWGet Free Report) last announced its quarterly earnings results on Thursday, February 5th. The technology company reported $4.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.55 by $0.84. Arrow Electronics had a return on equity of 9.01% and a net margin of 1.85%.The company had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.16 billion. During the same period in the prior year, the company earned $2.97 earnings per share. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. On average, research analysts predict that Arrow Electronics, Inc. will post 10.57 EPS for the current year.

Arrow Electronics Profile

(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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