Bridges Investment Management Inc. Trims Stock Holdings in Arrow Electronics, Inc. $ARW

Bridges Investment Management Inc. reduced its stake in Arrow Electronics, Inc. (NYSE:ARW) by 21.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,050 shares of the technology company’s stock after selling 1,980 shares during the period. Bridges Investment Management Inc.’s holdings in Arrow Electronics were worth $898,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Twin Tree Management LP raised its holdings in Arrow Electronics by 118.4% in the 2nd quarter. Twin Tree Management LP now owns 1,937 shares of the technology company’s stock valued at $247,000 after buying an additional 1,050 shares during the period. Bayforest Capital Ltd raised its holdings in Arrow Electronics by 653.1% in the 2nd quarter. Bayforest Capital Ltd now owns 6,650 shares of the technology company’s stock valued at $847,000 after buying an additional 5,767 shares during the period. NorthRock Partners LLC purchased a new stake in Arrow Electronics in the 2nd quarter valued at about $215,000. Meritage Portfolio Management raised its holdings in Arrow Electronics by 4.3% in the 2nd quarter. Meritage Portfolio Management now owns 2,440 shares of the technology company’s stock valued at $311,000 after buying an additional 101 shares during the period. Finally, CWM LLC raised its holdings in Arrow Electronics by 488.4% in the 2nd quarter. CWM LLC now owns 42,097 shares of the technology company’s stock valued at $5,364,000 after buying an additional 34,942 shares during the period. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Arrow Electronics Stock Performance

Shares of Arrow Electronics stock opened at $117.83 on Friday. Arrow Electronics, Inc. has a one year low of $86.50 and a one year high of $137.80. The company has a market cap of $6.07 billion, a PE ratio of 13.33, a P/E/G ratio of 0.56 and a beta of 1.09. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. The business has a 50-day simple moving average of $123.24 and a 200-day simple moving average of $119.97.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings data on Thursday, July 31st. The technology company reported $2.43 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.40. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The business had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the previous year, the company posted $2.78 earnings per share. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. On average, equities research analysts forecast that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Arrow Electronics in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $115.75.

Insider Activity at Arrow Electronics

In related news, CEO Sean J. Kerins acquired 8,630 shares of the stock in a transaction dated Friday, August 1st. The stock was acquired at an average cost of $114.91 per share, with a total value of $991,673.30. Following the completion of the transaction, the chief executive officer owned 122,408 shares in the company, valued at $14,065,903.28. This represents a 7.58% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

About Arrow Electronics

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.