EP Wealth Advisors LLC Buys New Stake in Arrow Electronics, Inc. $ARW

EP Wealth Advisors LLC purchased a new stake in Arrow Electronics, Inc. (NYSE:ARW) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,035 shares of the technology company’s stock, valued at approximately $648,000.

A number of other institutional investors also recently bought and sold shares of ARW. BlackRock Inc. purchased a new position in shares of Arrow Electronics in the 2nd quarter valued at about $1,070,534,000. ACR Alpine Capital Research LLC lifted its stake in Arrow Electronics by 42.6% during the fourth quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock worth $379,635,000 after purchasing an additional 1,028,778 shares during the last quarter. AQR Capital Management LLC lifted its stake in Arrow Electronics by 37.7% during the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock worth $384,818,000 after purchasing an additional 871,585 shares during the last quarter. Brandes Investment Partners LP boosted its holdings in Arrow Electronics by 1,412.3% in the fourth quarter. Brandes Investment Partners LP now owns 409,461 shares of the technology company’s stock valued at $45,115,000 after purchasing an additional 382,385 shares in the last quarter. Finally, Wedge Capital Management L L P NC acquired a new position in Arrow Electronics in the second quarter valued at approximately $72,308,000. 99.34% of the stock is owned by hedge funds and other institutional investors.

Arrow Electronics Trading Down 4.3%

ARW opened at $201.87 on Tuesday. The firm has a market cap of $10.28 billion, a price-to-earnings ratio of 12.90, a price-to-earnings-growth ratio of 0.32 and a beta of 1.20. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $237.33. The business’s 50 day moving average is $212.75 and its two-hundred day moving average is $187.65. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating the consensus estimate of $4.45 by $1.00. The business had revenue of $9.99 billion during the quarter, compared to the consensus estimate of $9.67 billion. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The company’s revenue was up 31.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.43 earnings per share. 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 EPS for the current year.

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on ARW. Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Wells Fargo & Company upped their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a report on Friday, August 7th. Truist Financial cut their price target on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Finally, Raymond James Financial restated an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a research note on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Arrow Electronics has a consensus rating of “Hold” and a consensus target price of $233.25.

Arrow Electronics 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.