Arrow Electronics, Inc. $ARW Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in shares of Arrow Electronics, Inc. (NYSE:ARW) by 3.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 382,641 shares of the technology company’s stock after buying an additional 11,288 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.74% of Arrow Electronics worth $46,300,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Geneos Wealth Management Inc. increased its holdings in Arrow Electronics by 25.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock valued at $56,000 after acquiring an additional 89 shares in the last quarter. Truist Financial Corp grew its position in shares of Arrow Electronics by 1.9% in the third quarter. Truist Financial Corp now owns 5,410 shares of the technology company’s stock valued at $655,000 after purchasing an additional 103 shares during the last quarter. Cullen Capital Management LLC increased its stake in shares of Arrow Electronics by 0.5% during the 2nd quarter. Cullen Capital Management LLC now owns 22,265 shares of the technology company’s stock worth $2,837,000 after purchasing an additional 107 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of Arrow Electronics by 0.9% during the 2nd quarter. Lazard Asset Management LLC now owns 12,016 shares of the technology company’s stock worth $1,531,000 after purchasing an additional 109 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its stake in Arrow Electronics by 0.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 24,114 shares of the technology company’s stock valued at $3,073,000 after buying an additional 111 shares in the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Arrow Electronics

In other news, insider Eric Nowak sold 12,699 shares of Arrow Electronics 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 transaction, the insider directly owned 43,509 shares of the company’s stock, valued at $6,834,828.81. The trade was a 22.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Carine Lamercie Jean-Claude sold 4,000 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $156.65, for a total transaction of $626,600.00. Following the sale, the senior vice president directly owned 16,261 shares of the company’s stock, valued at approximately $2,547,285.65. This trade represents a 19.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 19,199 shares of company stock worth $3,009,786 in the last three months. 1.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ARW has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price target on Arrow Electronics from $94.00 to $115.00 and gave the stock an “underweight” rating in a report on Friday, February 6th. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Finally, Truist Financial lifted their price target on shares of Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a report on Friday, February 6th. One 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $124.33.

Arrow Electronics Trading Down 0.2%

Shares of ARW stock opened at $153.99 on Friday. Arrow Electronics, Inc. has a 1-year low of $86.50 and a 1-year high of $162.61. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.36 and a quick ratio of 1.09. The firm’s 50-day simple moving average is $129.86 and its 200-day simple moving average is $122.12. The firm has a market cap of $7.87 billion, a P/E ratio of 14.08, a PEG ratio of 0.78 and a beta of 1.04.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, February 5th. The technology company reported $4.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.55 by $0.84. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. The company had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.16 billion. During the same quarter last year, the business earned $2.97 EPS. Arrow Electronics’s revenue for the quarter was up 20.1% on a year-over-year basis. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. As a group, equities analysts forecast that Arrow Electronics, Inc. will post 10.57 EPS for the current year.

About Arrow Electronics

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.