Arrow Electronics (NYSE:ARW) Stock Rating Upgraded by Zacks Research

Arrow Electronics (NYSE:ARW) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other research firms have also weighed in on ARW. Truist Financial lifted their price target on Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Wells Fargo & Company upped their price objective on Arrow Electronics from $94.00 to $115.00 and gave the stock an “underweight” rating in a research note on Friday, February 6th. Finally, Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $124.33.

Arrow Electronics Stock Down 1.3%

Shares of NYSE:ARW opened at $156.09 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.36 and a quick ratio of 1.09. Arrow Electronics has a one year low of $86.50 and a one year high of $160.63. The company has a market cap of $8.04 billion, a price-to-earnings ratio of 14.27, a PEG ratio of 0.80 and a beta of 1.04. The firm has a fifty day moving average price of $119.65 and a two-hundred day moving average price of $119.21.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings data on Thursday, February 5th. The technology company reported $4.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.55 by $0.84. The firm had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.16 billion. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.97 earnings per share. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. Analysts anticipate that Arrow Electronics will post 10.57 EPS for the current fiscal year.

Institutional Investors Weigh In On Arrow Electronics

Hedge funds have recently modified their holdings of the business. Vise Technologies Inc. lifted its stake in shares of Arrow Electronics by 35.3% in the fourth quarter. Vise Technologies Inc. now owns 3,466 shares of the technology company’s stock worth $382,000 after buying an additional 905 shares in the last quarter. State of Wyoming lifted its holdings in Arrow Electronics by 33.0% in the fourth quarter. State of Wyoming now owns 2,644 shares of the technology company’s stock valued at $291,000 after acquiring an additional 656 shares during the last quarter. Natixis Advisors LLC raised its stake in shares of Arrow Electronics by 3.7% in the fourth quarter. Natixis Advisors LLC now owns 191,334 shares of the technology company’s stock valued at $21,081,000 after acquiring an additional 6,868 shares in the last quarter. AXQ Capital LP purchased a new stake in Arrow Electronics during the 4th quarter worth about $657,000. Finally, MUFG Securities EMEA plc purchased a new position in Arrow Electronics in the fourth quarter worth approximately $14,544,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Arrow Electronics Company 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.