Arrow Electronics (NYSE:ARW) Stock Rating Lowered by Wall Street Zen

Arrow Electronics (NYSE:ARW) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Saturday, Wall Street Zen reports.

ARW has been the subject of a number of other reports. Truist Financial lowered their price objective on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a report on Friday, August 21st. Raymond James Financial restated an “outperform” rating and set a $250.00 price target on shares of Arrow Electronics in a research report on Friday, August 7th. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 1st. Finally, Wells Fargo & Company lifted their price objective on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $233.25.

Arrow Electronics Trading Up 0.2%

NYSE ARW opened at $219.82 on Friday. The company has a market capitalization of $11.19 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 0.32 and a beta of 1.19. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.22 and a quick ratio of 1.01. Arrow Electronics has a 12 month low of $101.79 and a 12 month high of $237.33. The company’s fifty day moving average price is $211.66 and its two-hundred day moving average price is $195.47.

Arrow Electronics (NYSE:ARW) last released its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $9.67 billion. During the same quarter in the previous year, the firm earned $2.43 EPS. The company’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. As a group, research analysts predict that Arrow Electronics will post 21.24 earnings per share for the current fiscal year.

Insider Transactions at Arrow Electronics

In other Arrow Electronics news, SVP Carine Jean-Claude sold 1,000 shares of the business’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total transaction of $209,850.00. Following the completion of the transaction, the senior vice president owned 11,626 shares in the company, valued at approximately $2,439,716.10. The trade was a 7.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Arrow Electronics

A number of hedge funds and other institutional investors have recently modified their holdings of ARW. Keating Financial Advisory Services Inc. bought a new position in Arrow Electronics in the 2nd quarter valued at about $28,000. Fiduciary Financial Advisors acquired a new stake in shares of Arrow Electronics in the 2nd quarter worth approximately $33,000. Jones Financial Companies Lllp acquired a new stake in shares of Arrow Electronics in the 2nd quarter worth approximately $37,000. Bayban bought a new position in shares of Arrow Electronics in the first quarter valued at approximately $26,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Arrow Electronics during the second quarter valued at approximately $47,000. 99.34% of the stock is currently owned by institutional investors.

Arrow Electronics Company Profile

Arrow Electronics, Inc is a global technology distributor that connects electronic component manufacturers with original equipment manufacturers, contract manufacturers and other commercial customers. The company supplies semiconductors, passive components, electromechanical products and related embedded technologies used in products across industries such as communications, industrial, automotive, aerospace and defense, and consumer electronics.

Through its enterprise computing solutions business, Arrow also provides information-technology products and services, including data-center and cloud solutions, software, security, storage, networking and professional services.