105,118 Shares in Arrow Electronics, Inc. $ARW Purchased by Corient Private Wealth LP

Corient Private Wealth LP acquired a new position in Arrow Electronics, Inc. (NYSE:ARWFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 105,118 shares of the technology company’s stock, valued at approximately $22,433,000. Corient Private Wealth LP owned about 0.21% of Arrow Electronics at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Arrow Electronics by 45.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock worth $2,154,000 after acquiring an additional 6,523 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Arrow Electronics by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock valued at $20,763,000 after purchasing an additional 14,886 shares during the last quarter. Geneos Wealth Management Inc. boosted its position 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 purchasing an additional 143 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Arrow Electronics in the 2nd quarter valued at $492,000. Finally, Walleye Capital LLC purchased a new position in Arrow Electronics in the 2nd quarter worth about $475,000. 99.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ARW shares. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. Truist Financial dropped their target price on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Zacks Research lowered shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Wall Street Zen upgraded shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a research report on Friday, August 21st. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $233.25.

View Our Latest Stock Analysis on Arrow Electronics

Arrow Electronics Stock Down 2.5%

Shares of Arrow Electronics stock opened at $203.70 on Friday. Arrow Electronics, Inc. has a 1 year low of $101.79 and a 1 year high of $237.33. The company has a market cap of $10.37 billion, a P/E ratio of 13.02, a P/E/G ratio of 0.32 and a beta of 1.20. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. The stock has a 50-day moving average price of $210.78 and a 200 day moving average price of $189.02.

Arrow Electronics (NYSE:ARWGet Free Report) last released its earnings results 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 company had revenue of $9.99 billion for the quarter, compared to analysts’ expectations of $9.67 billion. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The business’s revenue for the quarter was up 31.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.43 EPS. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, analysts expect that Arrow Electronics, Inc. will post 20.44 EPS for the current fiscal year.

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

Arrow Electronics Company 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.

Further Reading

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Institutional Ownership by Quarter for Arrow Electronics (NYSE:ARW)

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