KBC Group NV Sells 843 Shares of Arrow Electronics, Inc. $ARW

KBC Group NV lessened its position in Arrow Electronics, Inc. (NYSE:ARW) by 37.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,393 shares of the technology company’s stock after selling 843 shares during the quarter. KBC Group NV’s holdings in Arrow Electronics were worth $178,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Arrow Electronics by 12.3% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 821 shares of the technology company’s stock worth $105,000 after acquiring an additional 90 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Arrow Electronics by 84.2% in the second quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock worth $28,000 after purchasing an additional 101 shares in the last quarter. Meritage Portfolio Management boosted its holdings in Arrow Electronics by 4.3% during the second quarter. Meritage Portfolio Management now owns 2,440 shares of the technology company’s stock worth $311,000 after purchasing an additional 101 shares during the last quarter. Tectonic Advisors LLC grew its position in Arrow Electronics by 2.5% in the second quarter. Tectonic Advisors LLC now owns 4,657 shares of the technology company’s stock valued at $593,000 after purchasing an additional 112 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its stake in Arrow Electronics by 18.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 755 shares of the technology company’s stock valued at $96,000 after buying an additional 120 shares during the last quarter. Institutional investors own 99.34% of the company’s stock.

Analysts Set New Price Targets

ARW has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Arrow Electronics from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Zacks Research cut Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 14th. Wells Fargo & Company decreased their price target on Arrow Electronics from $98.00 to $94.00 and set an “underweight” rating for the company in a research note on Friday, October 31st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Arrow Electronics in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $102.00.

Arrow Electronics Trading Down 1.1%

Arrow Electronics stock opened at $104.17 on Thursday. The stock has a 50-day simple moving average of $117.62 and a 200 day simple moving average of $122.06. The stock has a market capitalization of $5.37 billion, a P/E ratio of 11.78, a PEG ratio of 0.55 and a beta of 1.10. 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, Inc. has a 52 week low of $86.50 and a 52 week high of $134.74.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.28 by $0.13. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The company had revenue of $7.71 billion during the quarter, compared to analysts’ expectations of $7.67 billion. During the same period last year, the firm posted $2.38 earnings per share. The business’s revenue was up 13.0% on a year-over-year basis. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. Analysts expect that Arrow Electronics, Inc. will post 10.57 earnings per share for the current 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.