Arrow Electronics, Inc. (NYSE:ARW) Stock Has Consensus Price Target of $233.25 According to Analysts

Shares of Arrow Electronics, Inc. (NYSE:ARW) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $233.25.

A number of brokerages recently issued reports on ARW. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 1st. Wells Fargo & Company upped their price target on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. Truist Financial reduced their price target on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Raymond James Financial reiterated an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a report on Friday, August 7th. Finally, Weiss Ratings upgraded shares of Arrow Electronics from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th.

Arrow Electronics Stock Performance

ARW opened at $215.16 on Wednesday. The business’s 50 day moving average is $218.51 and its 200-day moving average is $208.77. 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 stock has a market cap of $10.95 billion, a PE ratio of 12.38, a price-to-earnings-growth ratio of 0.32 and a beta of 1.16. Arrow Electronics has a twelve month low of $101.79 and a twelve month high of $249.43.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.45 by $1.00. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%. The company had revenue of $9.99 billion during the quarter, compared to analyst estimates of $9.67 billion. During the same quarter in the previous year, the firm posted $2.43 EPS. The firm’s quarterly revenue was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, analysts predict that Arrow Electronics will post 21.24 earnings per share for the current year.

Insider Buying and Selling

In other Arrow Electronics news, SVP Carine Jean-Claude sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total value of $209,850.00. Following the completion of the sale, the senior vice president directly owned 11,626 shares in the company, valued at $2,439,716.10. This represents a 7.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Arrow Electronics

Several hedge funds have recently modified their holdings of the company. State Street Corp lifted its stake in Arrow Electronics by 0.5% during the second quarter. State Street Corp now owns 1,694,603 shares of the technology company’s stock valued at $361,645,000 after purchasing an additional 8,238 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in 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 worth $47,147,000 after buying an additional 166,762 shares in the last quarter. Empowered Funds LLC grew its position in Arrow Electronics by 306.8% in the first 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. Calamos Advisors LLC acquired a new position in Arrow Electronics in the second quarter worth approximately $5,817,000. Finally, Quantinno Capital Management LP grew its position in Arrow Electronics by 287.7% in the first quarter. Quantinno Capital Management LP now owns 309,430 shares of the technology company’s stock worth $44,375,000 after buying an additional 229,612 shares during the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Arrow Electronics Company Profile

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.