Arrow Electronics (NYSE:ARW) Stock Price Target Cut by Truist Financial

Arrow Electronics (NYSE:ARW – Get Free Report) had its price target lowered by Truist Financial from $250.00 to $230.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Truist Financial‘s price target would indicate a potential upside of 26.65% from the company’s previous close.

A number of other research firms have also recently issued reports on ARW. Wall Street Zen cut shares of Arrow Electronics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 19th. Wells Fargo & Company raised their price objective on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research report on Friday, August 7th. Zacks Research downgraded shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 26th. Raymond James Financial restated an “outperform” rating and set a $250.00 price objective on shares of Arrow Electronics in a report on Friday, August 7th. Finally, Weiss Ratings raised Arrow Electronics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Arrow Electronics presently has a consensus rating of “Hold” and a consensus price target of $228.25.

View Our Latest Research Report on ARW

Arrow Electronics Stock Performance

ARW traded up $4.53 during trading hours on Friday, reaching $181.60. The company’s stock had a trading volume of 266,252 shares, compared to its average volume of 607,749. The company’s 50-day moving average is $218.45 and its 200-day moving average is $191.98. Arrow Electronics has a 52 week low of $101.79 and a 52 week high of $249.43. The firm has a market cap of $9.24 billion, a PE ratio of 11.56, a price-to-earnings-growth ratio of 0.30 and a beta of 1.20. 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:ARW – Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The technology company reported $6.22 EPS for the quarter, topping analysts’ consensus estimates of $5.06 by $1.16. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The firm had revenue of $10.72 billion during the quarter, compared to analysts’ expectations of $10.07 billion. During the same period in the previous year, the business posted $2.41 earnings per share. The company’s revenue for the quarter was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q4 2026 guidance at 7.000-7.200 EPS. On average, equities analysts forecast that Arrow Electronics will post 21.24 EPS for the current year.

Insider Activity

In related news, SVP Carine Jean-Claude sold 1,000 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total value of $209,850.00. Following the transaction, the senior vice president directly owned 11,626 shares in the company, valued at approximately $2,439,716.10. This represents a 7.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.80% of the company’s stock.

Institutional Trading of Arrow Electronics

A number of institutional investors have recently bought and sold shares of the business. Keating Financial Advisory Services Inc. acquired a new stake in shares of Arrow Electronics in the second quarter valued at approximately $28,000. Fiduciary Financial Advisors acquired a new stake in Arrow Electronics during the second quarter worth approximately $33,000. Evergreen Advisors LLC acquired a new stake in Arrow Electronics during the first quarter worth approximately $36,000. Jones Financial Companies Lllp bought a new position in Arrow Electronics during the 2nd quarter worth $37,000. Finally, BOK Financial Private Wealth Inc. bought a new position in Arrow Electronics during the 2nd quarter worth $47,000. Institutional investors own 99.34% of the company’s stock.

Trending Headlines about Arrow Electronics

Here are the key news stories impacting Arrow Electronics this week:

  • Positive Sentiment: Arrow reported record quarterly revenue of $10.72 billion, up 39% year over year, and earnings of $6.22 per share—well above the roughly $5.06 analyst consensus. Arrow Electronics Reports Record Quarterly Revenue and EPS
  • Positive Sentiment: Fourth-quarter guidance was substantially above expectations: EPS of $7.00–$7.20 versus consensus of $5.80, and revenue of $11.6–$12.2 billion versus about $10.5 billion. Q3 Earnings Call Highlights Strong Demand and AI Growth
  • Positive Sentiment: Management cited robust components demand, AI growth, rising backlogs, and stronger volumes as factors supporting the outlook. Earnings increased sharply from $2.41 per share a year earlier. Arrow Electronics Q3 Profit Jumps, Issues Q4 Outlook
  • Neutral Sentiment: A tranche update was reported for Arrow’s previously announced equity buyback plan, but the available details do not indicate the size or expected market impact. Buyback Plan Tranche Update

About Arrow Electronics

(Get Free Report)

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing solutions. The company connects manufacturers of technology products with customers, including original equipment manufacturers, contract manufacturers, commercial enterprises and government organizations.

Arrow’s components business distributes products such as semiconductors, embedded systems, passive and electromechanical components, and related engineering services. Its enterprise computing solutions business provides technology products and services involving data center, cloud, security, networking and software solutions.

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