Arrow Financial (NASDAQ:AROW) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Posted by Francis Steltz on Aug 15th, 2026

Arrow Financial Corporation (NASDAQ:AROW – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $36.74 and traded as high as $39.77. Arrow Financial shares last traded at $39.05, with a volume of 166,822 shares.

Analysts Set New Price Targets

Several equities analysts have issued reports on AROW shares. Keefe, Bruyette & Woods started coverage on shares of Arrow Financial in a research note on Thursday, June 25th. They issued a “market perform” rating and a $42.00 price objective on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Arrow Financial in a research note on Friday, July 24th. Piper Sandler reaffirmed an “overweight” rating and issued a $46.00 target price (up from $43.00) on shares of Arrow Financial in a report on Tuesday, July 28th. Wall Street Zen lowered shares of Arrow Financial from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Zacks Research upgraded shares of Arrow Financial to a “hold” rating in a research report on Monday, June 15th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $40.83.

Get Our Latest Analysis on Arrow Financial

Arrow Financial Price Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 0.92 and a quick ratio of 0.92. The company has a 50-day simple moving average of $40.02 and a 200-day simple moving average of $36.76. The stock has a market cap of $726.91 million, a PE ratio of 12.66 and a beta of 0.76.

Arrow Financial (NASDAQ:AROW – Get Free Report) last issued its earnings results on Thursday, July 23rd. The financial services provider reported $0.71 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.14). The company had revenue of $52.44 million for the quarter, compared to analysts’ expectations of $45.51 million. Arrow Financial had a return on equity of 12.13% and a net margin of 20.56%. Sell-side analysts anticipate that Arrow Financial Corporation will post 3.55 EPS for the current fiscal year.

Arrow Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, August 11th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $1.20 dividend on an annualized basis and a yield of 3.1%. Arrow Financial’s payout ratio is currently 38.71%.

Insiders Place Their Bets

In other Arrow Financial news, Director Mark Behan sold 4,110 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $38.59, for a total value of $158,604.90. Following the completion of the transaction, the director directly owned 8,929 shares of the company’s stock, valued at approximately $344,570.11. This trade represents a 31.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 3.48% of the company’s stock.

Institutional Investors Weigh In On Arrow Financial

A number of institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. purchased a new position in Arrow Financial in the 2nd quarter valued at approximately $57,377,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Arrow Financial in the second quarter valued at $4,995,000. Bank of New York Mellon Corp purchased a new position in shares of Arrow Financial in the second quarter valued at $3,663,000. Segall Bryant & Hamill LLC purchased a new position in shares of Arrow Financial in the fourth quarter valued at $2,175,000. Finally, Trust Co. of Vermont acquired a new position in shares of Arrow Financial during the 2nd quarter worth $2,228,000. Institutional investors and hedge funds own 46.71% of the company’s stock.

About Arrow Financial

(Get Free Report)

Arrow Financial Corporation is a bank holding company headquartered in Glens Falls, New York, that conducts its primary operations through its subsidiary, Glens Falls National Bank & Trust Company. The company provides a comprehensive suite of retail and commercial banking services, including checking and savings accounts, consumer and commercial lending, mortgage financing, and cash management solutions. Through its branch network, Arrow Financial serves individuals, small- and medium-sized businesses, and nonprofit organizations across the Adirondack region, Upper Hudson Valley, Mohawk Valley and parts of Central New York.

In addition to traditional banking, Arrow Financial has developed a robust wealth management and trust services division.