Arrow Electronics, Inc. $ARW Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Raises Holdings

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in Arrow Electronics, Inc. (NYSE:ARW) by 22.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,236 shares of the technology company’s stock after purchasing an additional 3,200 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Arrow Electronics were worth $3,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Keating Financial Advisory Services Inc. purchased a new position in Arrow Electronics during the second quarter valued at approximately $28,000. Fiduciary Financial Advisors acquired a new position in Arrow Electronics in the 2nd quarter valued at approximately $33,000. Jones Financial Companies Lllp purchased a new stake in Arrow Electronics in the 2nd quarter worth approximately $37,000. BOK Financial Private Wealth Inc. purchased a new stake in Arrow Electronics in the 2nd quarter worth approximately $47,000. Finally, Evergreen Advisors LLC acquired a new stake in shares of Arrow Electronics during the 1st quarter valued at $36,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ARW. Zacks Research cut shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, October 26th. Wells Fargo & Company increased their price objective on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Weiss Ratings raised Arrow Electronics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Truist Financial lowered their target price on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Finally, Raymond James Financial restated an “outperform” rating and issued a $250.00 target price on shares of Arrow Electronics in a research note on Friday, August 7th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $233.25.

Arrow Electronics Stock Down 0.1%

Arrow Electronics stock opened at $208.17 on Monday. The company has a market capitalization of $10.60 billion, a P/E ratio of 13.30, a P/E/G ratio of 0.31 and a beta of 1.20. The firm’s fifty day simple moving average is $219.08 and its 200-day simple moving average is $190.37. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. Arrow Electronics, Inc. has a 1-year low of $101.79 and a 1-year high of $249.43.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings data 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. The firm had revenue of $9.99 billion during the quarter, compared to analysts’ expectations of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. Arrow Electronics’s revenue for the quarter was up 31.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Sell-side analysts forecast that Arrow Electronics, Inc. will post 21.24 earnings per share for the current fiscal year.

Insider Activity at Arrow Electronics

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

About Arrow Electronics

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.