Cambridge Investment Research Advisors Inc. Purchases 2,454 Shares of Arrow Electronics, Inc. $ARW

Cambridge Investment Research Advisors Inc. increased its position in Arrow Electronics, Inc. (NYSE:ARWFree Report) by 64.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,247 shares of the technology company’s stock after buying an additional 2,454 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Arrow Electronics were worth $1,333,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bayban purchased a new position in shares of Arrow Electronics in the first quarter valued at about $26,000. Transamerica Financial Advisors LLC purchased a new stake in shares of Arrow Electronics during the fourth quarter worth about $27,000. Northwestern Mutual Wealth Management Co. raised its stake in Arrow Electronics by 112.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock valued at $27,000 after purchasing an additional 131 shares during the period. Evergreen Advisors LLC purchased a new position in Arrow Electronics in the 1st quarter worth approximately $36,000. Finally, Advisory Services Network LLC bought a new position in Arrow Electronics in the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Arrow Electronics Trading Down 0.6%

Shares of ARW opened at $209.08 on Friday. The stock has a market capitalization of $10.64 billion, a PE ratio of 13.36, a P/E/G ratio of 0.32 and a beta of 1.20. The company’s fifty day moving average is $214.33 and its 200 day moving average is $183.63. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.22. Arrow Electronics, Inc. has a fifty-two week low of $101.79 and a fifty-two week high of $237.33.

Arrow Electronics (NYSE:ARWGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, beating the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The business had revenue of $9.99 billion during the quarter, compared to analyst estimates of $9.67 billion. During the same quarter last year, the business earned $2.43 earnings per share. Arrow Electronics’s quarterly revenue was up 31.8% compared to the same quarter last year. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Sell-side analysts expect that Arrow Electronics, Inc. will post 20.44 earnings per share for the current fiscal year.

Arrow Electronics declared that its board has approved a stock repurchase program on Wednesday, May 13th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the technology company to repurchase up to 9.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

ARW has been the topic of several research analyst reports. Truist Financial lowered their target price on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Raymond James Financial reiterated an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a report on Friday, August 7th. Bank of America upgraded shares of 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 note on Wednesday, May 13th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $233.25.

View Our Latest Analysis on Arrow Electronics

Insider Activity

In other news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the sale, the senior vice president directly owned 12,626 shares of the company’s stock, valued at $2,727,216. This trade represents a 19.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Eric Nowak sold 3,473 shares of Arrow Electronics stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total value of $732,768.27. Following the completion of the transaction, the insider owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. This trade represents a 6.64% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.80% of the company’s stock.

Arrow Electronics Profile

(Free Report)

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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Institutional Ownership by Quarter for Arrow Electronics (NYSE:ARW)

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