Crossmark Global Holdings Inc. Has $291,000 Holdings in Arrow Electronics, Inc. $ARW

Crossmark Global Holdings Inc. cut its holdings in Arrow Electronics, Inc. (NYSE:ARW) by 60.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,642 shares of the technology company’s stock after selling 4,029 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Arrow Electronics were worth $291,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ARW. Gateway Investment Advisers LLC grew its position in Arrow Electronics by 3.8% in the 4th quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company’s stock valued at $251,000 after purchasing an additional 84 shares during the period. Geneos Wealth Management Inc. raised its holdings in Arrow Electronics by 25.2% during the second quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock worth $56,000 after buying an additional 89 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Arrow Electronics by 38.3% during the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the technology company’s stock worth $41,000 after buying an additional 102 shares during the last quarter. Truist Financial Corp raised its holdings in Arrow Electronics by 1.9% during the third quarter. Truist Financial Corp now owns 5,410 shares of the technology company’s stock worth $655,000 after buying an additional 103 shares during the last quarter. Finally, Lazard Asset Management LLC raised its holdings in Arrow Electronics by 0.9% during the second quarter. Lazard Asset Management LLC now owns 12,016 shares of the technology company’s stock worth $1,531,000 after buying an additional 109 shares during the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Richard John Marano sold 2,500 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $155.32, for a total value of $388,300.00. Following the sale, the insider directly owned 24,096 shares in the company, valued at approximately $3,742,590.72. The trade was a 9.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO William F. Austen acquired 3,960 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average price of $151.87 per share, for a total transaction of $601,405.20. Following the completion of the purchase, the chief executive officer directly owned 44,722 shares in the company, valued at $6,791,930.14. This trade represents a 9.71% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on ARW shares. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Raymond James Financial restated an “outperform” rating and set a $220.00 price objective on shares of Arrow Electronics in a report on Friday, May 8th. Wells Fargo & Company upped their price objective on shares of Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a report on Friday, May 8th. Weiss Ratings upgraded shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Finally, Wall Street Zen upgraded shares of Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Arrow Electronics presently has an average rating of “Moderate Buy” and a consensus price target of $214.50.

Arrow Electronics Trading Down 2.8%

NYSE ARW opened at $208.29 on Friday. The stock has a market capitalization of $10.65 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 0.76 and a beta of 1.16. Arrow Electronics, Inc. has a one year low of $101.79 and a one year high of $215.68. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.24 and a quick ratio of 1.02. The business’s fifty day moving average is $164.00 and its 200-day moving average is $137.10.

Arrow Electronics (NYSE:ARW) last released its earnings results on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $2.30. The company had revenue of $9.47 billion for the quarter, compared to analysts’ expectations of $8.39 billion. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The business’s revenue for the quarter was up 39.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.80 EPS. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Equities research analysts predict that Arrow Electronics, Inc. will post 17.97 EPS for the current year.

Arrow Electronics announced that its Board of Directors has initiated a share buyback plan on Wednesday, May 13th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

Arrow Electronics Profile

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.