Commerce Bank Invests $747,000 in Arrow Electronics, Inc. $ARW

Commerce Bank acquired a new stake in Arrow Electronics, Inc. (NYSE:ARW) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,498 shares of the technology company’s stock, valued at approximately $747,000.

A number of other institutional investors have also modified their holdings of ARW. Bayban purchased a new position in Arrow Electronics in the first quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. grew its stake in Arrow Electronics by 112.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after buying an additional 131 shares during the period. Transamerica Financial Advisors LLC purchased a new stake in Arrow Electronics during the fourth quarter worth approximately $27,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Arrow Electronics in the second quarter worth $28,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Arrow Electronics in the third quarter worth $31,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ARW shares. Wall Street Zen upgraded shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Zacks Research downgraded shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a research note on Friday, August 21st. Wells Fargo & Company raised their price objective on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Finally, Truist Financial dropped their target price on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $233.25.

Arrow Electronics Trading Up 2.3%

NYSE:ARW opened at $207.21 on Thursday. The company has a market cap of $10.55 billion, a PE ratio of 13.24, a P/E/G ratio of 0.31 and a beta of 1.20. The business’s 50 day moving average is $211.84 and its two-hundred day moving average is $188.57. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $237.33.

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

Arrow Electronics announced that its Board of Directors has authorized a share buyback program on Wednesday, May 13th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to repurchase up to 9.7% of its shares through open market purchases. Shares buyback programs are usually 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.