Hsbc Holdings PLC Purchases New Shares in Arrow Electronics, Inc. $ARW

Hsbc Holdings PLC purchased a new position in Arrow Electronics, Inc. (NYSE:ARWFree Report) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 5,752 shares of the technology company’s stock, valued at approximately $1,219,000.

A number of other large investors also recently added to or reduced their stakes in the stock. MUFG Securities EMEA plc acquired a new position in shares of Arrow Electronics during the 4th quarter worth about $14,544,000. Intech Investment Management LLC boosted its holdings in Arrow Electronics by 92.3% in the 4th quarter. Intech Investment Management LLC now owns 10,042 shares of the technology company’s stock worth $1,106,000 after buying an additional 4,821 shares during the last quarter. Empowered Funds LLC boosted its holdings in Arrow Electronics by 306.8% in the 1st quarter. Empowered Funds LLC now owns 36,928 shares of the technology company’s stock worth $5,296,000 after buying an additional 27,851 shares during the last quarter. Atria Investments Inc increased its stake in Arrow Electronics by 48.0% during the 4th quarter. Atria Investments Inc now owns 80,092 shares of the technology company’s stock worth $8,825,000 after buying an additional 25,965 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Arrow Electronics by 307.9% during the second quarter. Assenagon Asset Management S.A. now owns 220,920 shares of the technology company’s stock valued at $47,147,000 after acquiring an additional 166,762 shares during the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Arrow Electronics Stock Performance

NYSE ARW opened at $204.13 on Tuesday. Arrow Electronics, Inc. has a fifty-two week low of $101.79 and a fifty-two week high of $237.33. The firm has a market capitalization of $10.39 billion, a P/E ratio of 13.04, a price-to-earnings-growth ratio of 0.30 and a beta of 1.20. The stock’s fifty day moving average is $210.17 and its two-hundred day moving average is $189.58. 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 (NYSE:ARWGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.45 by $1.00. The firm had revenue of $9.99 billion during the quarter, compared to analysts’ expectations of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. Arrow Electronics’s revenue was up 31.8% compared to the same quarter last year. During the same period last year, the business earned $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, research analysts anticipate that Arrow Electronics, Inc. will post 21.24 earnings per share for the current year.

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

Analyst Ratings Changes

ARW has been the topic of several research reports. Zacks Research lowered Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Bank of America upgraded 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. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a research note on Friday, August 21st. 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 research note on Friday, August 7th. Finally, Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $233.25.

Check Out Our Latest Report on Arrow Electronics

Arrow Electronics Company 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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