United Capital Financial Advisors LLC Takes Position in Arrow Electronics, Inc. $ARW

United Capital Financial Advisors LLC purchased a new position in shares of Arrow Electronics, Inc. (NYSE:ARW) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,851 shares of the technology company’s stock, valued at approximately $608,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bayban bought a new position in Arrow Electronics during the 1st quarter worth $26,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Arrow Electronics by 112.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock valued at $27,000 after buying an additional 131 shares during the last quarter. Transamerica Financial Advisors LLC bought a new stake in shares of Arrow Electronics in the 4th quarter valued at about $27,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Arrow Electronics in the second quarter valued at about $28,000. Finally, Advisory Services Network LLC bought a new position in shares of Arrow Electronics during the third quarter worth about $31,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ARW shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a research note on Friday, August 21st. Zacks Research downgraded shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Wells Fargo & Company raised their price target on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $250.00 price objective on shares of Arrow Electronics in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $233.25.

Arrow Electronics Stock Up 0.1%

Shares of NYSE:ARW opened at $204.13 on Tuesday. Arrow Electronics, Inc. has a 1 year low of $101.79 and a 1 year high of $237.33. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.22 and a quick ratio of 1.01. The business’s 50-day moving average is $210.17 and its 200-day moving average is $189.58. The company has a market capitalization of $10.39 billion, a price-to-earnings ratio of 13.04, a P/E/G ratio of 0.30 and a beta of 1.20.

Arrow Electronics (NYSE:ARW) last released its earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, topping the consensus estimate of $4.45 by $1.00. The business had revenue of $9.99 billion during 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 firm’s revenue was up 31.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Equities research analysts predict that Arrow Electronics, Inc. will post 21.24 earnings per share for the current year.

Arrow Electronics announced that its board has authorized a stock repurchase plan on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in 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 a sign that the company’s leadership believes its stock is undervalued.

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.