Arrow Electronics (NYSE:ARW) Given New $230.00 Price Target at Truist Financial

Arrow Electronics (NYSE:ARW) had its target price trimmed by Truist Financial from $250.00 to $230.00 in a research note published on Friday,Benzinga reports. The brokerage currently has a buy rating on the technology company’s stock.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings upgraded shares of Arrow Electronics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Raymond James Financial reiterated an “outperform” rating and set a $250.00 target price on shares of Arrow Electronics in a research report on Friday, August 7th. Wall Street Zen downgraded Arrow Electronics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 19th. Wells Fargo & Company increased their target price on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. Finally, Zacks Research cut Arrow Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, October 26th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Arrow Electronics presently has an average rating of “Hold” and an average target price of $228.25.

Arrow Electronics Stock Performance

Shares of ARW stock traded up $4.04 during midday trading on Friday, hitting $181.11. The company had a trading volume of 784,456 shares, compared to its average volume of 432,865. The company’s 50 day simple moving average is $217.90 and its 200 day simple moving average is $192.32. Arrow Electronics has a 52-week low of $101.79 and a 52-week high of $249.43. The stock has a market cap of $9.22 billion, a price-to-earnings ratio of 9.18, a PEG ratio of 0.30 and a beta of 1.20. 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 (NYSE:ARW) last released its earnings results on Thursday, November 5th. The technology company reported $6.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.06 by $1.16. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%. The business had revenue of $10.72 billion for the quarter, compared to analyst estimates of $10.07 billion. During the same quarter in the previous year, the company posted $2.41 earnings per share. The company’s revenue for the quarter was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q4 2026 guidance at 7.000-7.200 EPS. Research analysts anticipate that Arrow Electronics will post 21.24 earnings per share for the current fiscal year.

Insider Activity at Arrow Electronics

In related news, SVP Carine Jean-Claude sold 1,000 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total value of $209,850.00. Following the completion of the sale, the senior vice president owned 11,626 shares in the company, valued at $2,439,716.10. This trade represents a 7.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Keating Financial Advisory Services Inc. acquired a new stake in shares of Arrow Electronics during the 2nd quarter valued at approximately $28,000. Fiduciary Financial Advisors acquired a new stake in shares of Arrow Electronics in the 2nd quarter worth approximately $33,000. Evergreen Advisors LLC acquired a new stake in shares of Arrow Electronics in the 1st quarter worth approximately $36,000. Jones Financial Companies Lllp purchased a new position in Arrow Electronics in the 2nd quarter valued at approximately $37,000. Finally, BOK Financial Private Wealth Inc. purchased a new position in Arrow Electronics in the 2nd quarter valued at approximately $47,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Arrow Electronics

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Arrow reported record Q3 earnings of $6.22 per share, above the $5.06 consensus, on revenue of $10.72 billion versus $10.07 billion expected. Revenue rose 39% year over year. Arrow Electronics Reports Record Quarterly Revenue and EPS
• Positive Sentiment: Q4 guidance was well ahead of analyst expectations: EPS of $7.00–$7.20 versus $5.80 consensus and revenue of $11.6–$12.2 billion versus $10.5 billion. The company cited strong demand, higher volumes, growing backlogs and AI-related growth. Q3 Earnings Call Highlights
• Neutral Sentiment: Truist lowered its price target from $250 to $230 but maintained a Buy rating, indicating continued optimism while moderating its valuation view.
• Neutral Sentiment: A tranche update was reported for Arrow’s previously announced share-buyback plan, though the available details do not specify its size or likely near-term impact. Buyback Plan Tranche Update

Arrow Electronics Company Profile

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing solutions. The company connects manufacturers of technology products with customers, including original equipment manufacturers, contract manufacturers, commercial enterprises and government organizations.

Arrow’s components business distributes products such as semiconductors, embedded systems, passive and electromechanical components, and related engineering services. Its enterprise computing solutions business provides technology products and services involving data center, cloud, security, networking and software solutions.