Chicago Partners Investment Group LLC Increases Stake in Arrow Electronics, Inc. $ARW

Chicago Partners Investment Group LLC increased its stake in Arrow Electronics, Inc. (NYSE:ARW) by 92.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,116 shares of the technology company’s stock after purchasing an additional 3,410 shares during the period. Chicago Partners Investment Group LLC’s holdings in Arrow Electronics were worth $1,531,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Ethic Inc. raised its holdings in shares of Arrow Electronics by 6.7% in the second quarter. Ethic Inc. now owns 15,736 shares of the technology company’s stock worth $3,358,000 after buying an additional 991 shares during the last quarter. Swiss Life Asset Management Ltd grew its holdings in shares of Arrow Electronics by 53.3% during the second quarter. Swiss Life Asset Management Ltd now owns 4,820 shares of the technology company’s stock valued at $1,029,000 after buying an additional 1,675 shares during the last quarter. Baker Avenue Asset Management LP increased its position in shares of Arrow Electronics by 34.5% in the 2nd quarter. Baker Avenue Asset Management LP now owns 2,243 shares of the technology company’s stock valued at $479,000 after acquiring an additional 575 shares during the period. Resona Asset Management Co. Ltd. increased its position in shares of Arrow Electronics by 3.8% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 2,726 shares of the technology company’s stock valued at $582,000 after acquiring an additional 99 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its stake in 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 worth $2,255,000 after acquiring an additional 84 shares during the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Insider Transactions at Arrow Electronics

In other Arrow Electronics news, insider Eric Nowak sold 3,473 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the transaction, the insider owned 48,835 shares in the company, valued at approximately $10,303,696.65. This represents a 6.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the sale, the senior vice president directly owned 12,626 shares in the company, valued at approximately $2,727,216. The trade was a 19.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

ARW has been the subject of a number of research reports. Wall Street Zen raised Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Raymond James Financial reiterated an “outperform” rating and issued a $250.00 target price on shares of Arrow Electronics in a research report on Friday, August 7th. Bank of America upgraded shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. Truist Financial decreased their price objective on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Finally, Zacks Research downgraded shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $233.25.

Arrow Electronics Stock Performance

Shares of NYSE ARW opened at $209.08 on Friday. The company’s fifty day moving average price is $214.33 and its 200 day moving average price is $183.63. Arrow Electronics, Inc. has a 1 year low of $101.79 and a 1 year high of $237.33. The company has a market capitalization of $10.64 billion, a PE ratio of 13.36, a price-to-earnings-growth ratio of 0.32 and a beta of 1.20. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.22.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, beating the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The company had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. During the same quarter last year, the business earned $2.43 earnings per share. The firm’s revenue was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, research analysts predict that Arrow Electronics, Inc. will post 20.44 earnings per share for the current year.

Arrow Electronics declared that its Board of Directors has initiated a share repurchase plan on Wednesday, May 13th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to buy up to 9.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

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.