NJ State Employees Deferred Compensation Plan Buys Shares of 1,750 Arrow Electronics, Inc. $ARW

NJ State Employees Deferred Compensation Plan bought a new stake in Arrow Electronics, Inc. (NYSE:ARW) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,750 shares of the technology company’s stock, valued at approximately $223,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC lifted its stake in shares of Arrow Electronics by 84.2% during the second quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock worth $28,000 after buying an additional 101 shares during the period. Hantz Financial Services Inc. lifted its stake in shares of Arrow Electronics by 1,547.1% during the second quarter. Hantz Financial Services Inc. now owns 280 shares of the technology company’s stock worth $36,000 after buying an additional 263 shares during the period. Operose Advisors LLC acquired a new stake in shares of Arrow Electronics during the first quarter worth $31,000. Geneos Wealth Management Inc. lifted its stake in shares of Arrow Electronics by 68.1% during the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after buying an additional 143 shares during the period. Finally, Quarry LP raised its position in Arrow Electronics by 321.7% during the 1st quarter. Quarry LP now owns 388 shares of the technology company’s stock worth $40,000 after buying an additional 296 shares during the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on ARW. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Wall Street Zen downgraded shares of Arrow Electronics from a “buy” rating to a “hold” rating in a research report on Saturday. Wells Fargo & Company decreased their target price on shares of Arrow Electronics from $98.00 to $94.00 and set an “underweight” rating for the company in a research report on Friday, October 31st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Arrow Electronics in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Arrow Electronics currently has an average rating of “Hold” and a consensus target price of $102.00.

Arrow Electronics Trading Up 0.2%

Shares of Arrow Electronics stock opened at $111.70 on Wednesday. The firm has a 50-day simple moving average of $121.37 and a two-hundred day simple moving average of $122.22. The company has a market cap of $5.75 billion, a P/E ratio of 12.64, a price-to-earnings-growth ratio of 0.55 and a beta of 1.09. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week high of $134.74. 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, October 30th. The technology company reported $2.41 earnings per share for the quarter, topping analysts’ consensus estimates of $2.28 by $0.13. The business had revenue of $7.71 billion during the quarter, compared to the consensus estimate of $7.67 billion. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The company’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.38 earnings per share. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. As a group, equities analysts predict 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.