Dimensional Fund Advisors LP lifted its stake in shares of Arrow Electronics, Inc. (NYSE:ARW – Free Report) by 0.4% during the first quarter, HoldingsChannel reports. The firm owned 3,007,509 shares of the technology company’s stock after acquiring an additional 11,894 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.06% of Arrow Electronics worth $431,280,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in ARW. Parallel Advisors LLC increased its holdings in Arrow Electronics by 9.7% during the first quarter. Parallel Advisors LLC now owns 2,117 shares of the technology company’s stock worth $304,000 after buying an additional 188 shares during the last quarter. Swiss National Bank lifted its stake in Arrow Electronics by 0.3% in the first quarter. Swiss National Bank now owns 101,900 shares of the technology company’s stock valued at $14,613,000 after acquiring an additional 300 shares during the last quarter. Kera Capital Partners Inc. bought a new position in shares of Arrow Electronics in the 1st quarter valued at about $253,000. Evergreen Advisors LLC acquired a new position in shares of Arrow Electronics during the 1st quarter worth about $36,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of Arrow Electronics during the 1st quarter worth about $282,000. Institutional investors and hedge funds own 99.34% of the company’s stock.
Analysts Set New Price Targets
ARW has been the subject of several recent analyst reports. Wells Fargo & Company raised their target price on shares of Arrow Electronics from $165.00 to $175.00 and gave the company an “underweight” rating in a research note on Monday. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $122.00 to $233.00 in a research report on Wednesday, May 13th. Raymond James Financial restated an “outperform” rating and issued a $220.00 price objective on shares of Arrow Electronics in a research note on Friday, May 8th. Truist Financial raised their price objective on Arrow Electronics from $240.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, June 4th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $222.00.
Arrow Electronics Trading Down 0.6%
Shares of ARW stock opened at $205.35 on Tuesday. Arrow Electronics, Inc. has a fifty-two week low of $101.79 and a fifty-two week high of $237.33. The stock’s fifty day moving average price is $215.02 and its two-hundred day moving average price is $171.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.02 and a current ratio of 1.24. The company has a market cap of $10.50 billion, a PE ratio of 14.69 and a beta of 1.20.
Arrow Electronics (NYSE:ARW – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $2.30. The company had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $8.39 billion. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.Arrow Electronics’s revenue was up 39.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.80 EPS. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Equities analysts predict that Arrow Electronics, Inc. will post 19.15 EPS for the current fiscal year.
Arrow Electronics announced that its board has authorized a share repurchase program on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the technology company to buy up to 9.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.
Insider Transactions at Arrow Electronics
In other news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the transaction, the senior vice president owned 12,626 shares of the company’s stock, valued at approximately $2,727,216. This represents a 19.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Eric Nowak sold 3,473 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total transaction of $732,768.27. Following the completion of the sale, the insider owned 48,835 shares in the company, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by corporate insiders.
About Arrow Electronics
Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.
In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.
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