Arrow Electronics, Inc. $ARW Stock Position Raised by Lazard Asset Management LLC

Lazard Asset Management LLC increased its holdings in shares of Arrow Electronics, Inc. (NYSE:ARW) by 11.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 27,270 shares of the technology company’s stock after buying an additional 2,870 shares during the period. Lazard Asset Management LLC’s holdings in Arrow Electronics were worth $3,911,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Bayban acquired a new position in Arrow Electronics in the first quarter valued at approximately $26,000. Transamerica Financial Advisors LLC acquired a new stake in shares of Arrow Electronics during the 4th quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Arrow Electronics by 112.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after purchasing an additional 131 shares during the period. Evergreen Advisors LLC bought a new stake in shares of Arrow Electronics in the 1st quarter worth approximately $36,000. Finally, Advisory Services Network LLC bought a new stake in shares of Arrow Electronics in the 3rd quarter worth approximately $31,000. Institutional investors own 99.34% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Wells Fargo & Company upped their price objective on Arrow Electronics from $165.00 to $175.00 and gave the stock an “underweight” rating in a research note on Monday, July 20th. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their target price 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. Wall Street Zen upgraded shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Finally, Truist Financial increased their price objective on shares of Arrow Electronics from $240.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $222.00.

Arrow Electronics Stock Performance

ARW opened at $217.46 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $215.58 and its 200-day moving average is $177.05. The stock has a market cap of $11.12 billion, a PE ratio of 15.55 and a beta of 1.20. Arrow Electronics, Inc. has a twelve month low of $101.79 and a twelve month high of $237.33.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $5.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The business had revenue of $9.47 billion during the quarter, compared to analyst estimates of $8.39 billion. During the same period in the prior year, the company posted $1.80 EPS. The business’s revenue for the quarter was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. On average, analysts predict that Arrow Electronics, Inc. will post 19.15 earnings per share for the current year.

Arrow Electronics declared that its board has approved a stock buyback plan on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 9.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total transaction of $648,000.00. Following the completion of the transaction, the senior vice president owned 12,626 shares in the company, valued at approximately $2,727,216. The trade was a 19.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Eric Nowak sold 3,473 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total value of $732,768.27. Following the completion of the transaction, the insider directly owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.80% of the company’s stock.

Arrow Electronics Company 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.