Polaris Capital Management LLC Decreases Stake in Arrow Electronics, Inc. $ARW

Polaris Capital Management LLC reduced its position in Arrow Electronics, Inc. (NYSE:ARW) by 2.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 282,103 shares of the technology company’s stock after selling 7,700 shares during the period. Arrow Electronics accounts for about 2.4% of Polaris Capital Management LLC’s investment portfolio, making the stock its 12th biggest position. Polaris Capital Management LLC owned about 0.54% of Arrow Electronics worth $35,948,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Two Point Capital Management Inc. purchased a new stake in shares of Arrow Electronics in the second quarter worth about $2,432,000. Abacus Planning Group Inc. purchased a new stake in shares of Arrow Electronics in the second quarter worth about $290,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Arrow Electronics by 12.3% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 821 shares of the technology company’s stock worth $105,000 after buying an additional 90 shares in the last quarter. Truist Financial Corp lifted its position in shares of Arrow Electronics by 6.7% in the second quarter. Truist Financial Corp now owns 5,307 shares of the technology company’s stock worth $676,000 after buying an additional 334 shares in the last quarter. Finally, Greenleaf Trust lifted its position in shares of Arrow Electronics by 6.3% in the second quarter. Greenleaf Trust now owns 3,218 shares of the technology company’s stock worth $410,000 after buying an additional 192 shares in the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ARW. Weiss Ratings reiterated a “hold (c)” rating on shares of Arrow Electronics in a report on Saturday, September 27th. Wall Street Zen raised Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Finally, Bank of America boosted their target price on Arrow Electronics from $105.00 to $110.00 and gave the company an “underperform” rating in a research report on Monday, June 9th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $115.75.

Insider Buying and Selling at Arrow Electronics

In other news, CEO Sean J. Kerins acquired 8,630 shares of Arrow Electronics stock in a transaction on Friday, August 1st. The shares were bought at an average cost of $114.91 per share, for a total transaction of $991,673.30. Following the acquisition, the chief executive officer directly owned 122,408 shares of the company’s stock, valued at $14,065,903.28. This trade represents a 7.58% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.00% of the company’s stock.

Arrow Electronics Trading Down 0.6%

Shares of NYSE ARW opened at $121.71 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. The business’s 50 day moving average price is $123.80 and its 200-day moving average price is $119.25. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week high of $137.80. The company has a market cap of $6.27 billion, a price-to-earnings ratio of 13.77, a PEG ratio of 0.58 and a beta of 1.09.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.40. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The firm had revenue of $7.58 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the business posted $2.78 earnings per share. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. On average, sell-side analysts expect that Arrow Electronics, Inc. will post 10.57 earnings per share for the current year.

Arrow Electronics Company Profile

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.