4,590 Shares in Arrow Electronics, Inc. $ARW Bought by Group One Trading LLC

Group One Trading LLC bought a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,590 shares of the technology company’s stock, valued at approximately $980,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ARW. Paradigm Capital Management Inc. NY purchased a new stake in shares of Arrow Electronics during the second quarter worth about $213,000. Cullen Capital Management LLC purchased a new position in shares of Arrow Electronics in the 2nd quarter valued at approximately $4,477,000. Algert Global LLC raised its position in shares of Arrow Electronics by 78.3% in the 2nd quarter. Algert Global LLC now owns 78,430 shares of the technology company’s stock valued at $16,738,000 after purchasing an additional 34,450 shares during the last quarter. Cibc World Market Inc. acquired a new stake in Arrow Electronics in the 2nd quarter worth approximately $281,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Arrow Electronics during the 2nd quarter worth approximately $9,171,000. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ARW. Truist Financial decreased their price target on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a report on Friday, August 7th. Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Zacks Research lowered Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Finally, Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $122.00 to $233.00 in a research report on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $233.25.

Arrow Electronics Stock Performance

ARW opened at $201.87 on Tuesday. Arrow Electronics, Inc. has a 12-month low of $101.79 and a 12-month high of $237.33. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $10.28 billion, a PE ratio of 12.90, a P/E/G ratio of 0.32 and a beta of 1.20. The firm has a 50 day moving average of $212.75 and a two-hundred day moving average of $187.65.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, beating the consensus estimate of $4.45 by $1.00. The business had revenue of $9.99 billion for the quarter, compared to the consensus estimate of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The business’s revenue for the quarter was up 31.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.43 EPS. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, analysts anticipate that Arrow Electronics, Inc. will post 20.44 EPS for the current year.

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

About Arrow Electronics

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.