Arrow Electronics, Inc. $ARW Shares Sold by Royce & Associates LP

Royce & Associates LP lowered its stake in Arrow Electronics, Inc. (NYSE:ARW) by 9.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,327 shares of the technology company’s stock after selling 6,836 shares during the period. Royce & Associates LP’s holdings in Arrow Electronics were worth $7,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of ARW. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Arrow Electronics by 45.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock valued at $2,154,000 after purchasing an additional 6,523 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Arrow Electronics by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock valued at $20,763,000 after purchasing an additional 14,886 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Arrow Electronics by 68.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after purchasing an additional 143 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Arrow Electronics in the 2nd quarter valued at about $492,000. Finally, Walleye Capital LLC acquired a new stake in Arrow Electronics in the 2nd quarter valued at about $475,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Wall Street Analyst Weigh In

ARW has been the topic of a number of analyst reports. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and increased their price target for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Truist Financial raised their price target on Arrow Electronics from $183.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Raymond James Financial restated an “outperform” rating and issued a $220.00 price target on shares of Arrow Electronics in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Arrow Electronics currently has a consensus rating of “Moderate Buy” and a consensus target price of $214.50.

Insiders Place Their Bets

In other news, insider Eric Nowak sold 3,473 shares of Arrow Electronics stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the sale, the insider owned 48,835 shares in the company, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of Arrow Electronics stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the sale, the senior vice president owned 12,626 shares in the company, valued at $2,727,216. This trade represents a 19.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is owned by company insiders.

Arrow Electronics Stock Down 0.8%

Arrow Electronics stock opened at $215.87 on Friday. Arrow Electronics, Inc. has a 1-year low of $101.79 and a 1-year high of $224.83. 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 stock has a market cap of $11.04 billion, a PE ratio of 15.44 and a beta of 1.16. The stock’s fifty day moving average is $177.33 and its two-hundred day moving average is $143.67.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The company had revenue of $9.47 billion for the quarter, compared to analysts’ expectations of $8.39 billion. During the same period last year, the firm earned $1.80 earnings per share. Arrow Electronics’s quarterly revenue was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. On average, sell-side analysts expect that Arrow Electronics, Inc. will post 17.97 EPS for the current fiscal year.

Arrow Electronics declared that its board has approved a stock repurchase program on Wednesday, May 13th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the technology company to buy up to 9.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is 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.