Envestnet Portfolio Solutions Inc. Lowers Stock Holdings in Arrow Electronics, Inc. $ARW

Envestnet Portfolio Solutions Inc. reduced its stake in Arrow Electronics, Inc. (NYSE:ARW) by 35.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,229 shares of the technology company’s stock after selling 1,217 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Arrow Electronics were worth $284,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC grew its stake in shares of Arrow Electronics by 84.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock valued at $28,000 after purchasing an additional 101 shares during the last quarter. Operose Advisors LLC purchased a new stake in shares of Arrow Electronics in the first quarter valued at approximately $31,000. Geneos Wealth Management Inc. boosted its stake in shares of Arrow Electronics by 68.1% in the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after buying an additional 143 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in shares of Arrow Electronics by 111.7% in the first quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company’s stock valued at $39,000 after buying an additional 200 shares in the last quarter. Finally, Quarry LP boosted its stake in shares of Arrow Electronics by 321.7% in the first quarter. Quarry LP now owns 388 shares of the technology company’s stock valued at $40,000 after buying an additional 296 shares in the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Arrow Electronics

In related news, CEO Sean J. Kerins purchased 8,630 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $114.91 per share, with a total value of $991,673.30. Following the completion of the acquisition, the chief executive officer directly owned 122,408 shares in the company, valued at $14,065,903.28. The trade was a 7.58% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ARW has been the topic of a number of analyst reports. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Arrow Electronics in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $115.75.

Arrow Electronics Stock Performance

Shares of ARW stock opened at $121.06 on Friday. The stock has a fifty day moving average price of $123.10 and a 200 day moving average price of $120.83. The stock has a market cap of $6.23 billion, a PE ratio of 13.69, a P/E/G ratio of 0.57 and a beta of 1.09. Arrow Electronics, Inc. has a 1 year low of $86.50 and a 1 year high of $137.80. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39.

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

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.