Analysts Set Arrow Electronics, Inc. (NYSE:ARW) Price Target at $233.25

Shares of Arrow Electronics, Inc. (NYSE:ARWGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $233.25.

ARW has been the subject of a number of research reports. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 1st. Wells Fargo & Company upped their price objective on Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. Wall Street Zen downgraded Arrow Electronics from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 19th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a research report on Friday, August 21st. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a report on Friday, August 7th.

Check Out Our Latest Analysis on Arrow Electronics

Arrow Electronics Trading Up 2.3%

ARW opened at $227.02 on Friday. Arrow Electronics has a 12-month low of $101.79 and a 12-month high of $237.33. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.22 and a quick ratio of 1.01. The stock has a market capitalization of $11.56 billion, a PE ratio of 14.51, a P/E/G ratio of 0.33 and a beta of 1.19. The firm’s fifty day moving average price is $212.71 and its 200 day moving average price is $197.12.

Arrow Electronics (NYSE:ARWGet Free Report) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, topping the consensus estimate of $4.45 by $1.00. The company had revenue of $9.99 billion during the quarter, compared to analyst estimates of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The firm’s revenue for the quarter was up 31.8% compared to the same quarter last year. During the same period last year, the business earned $2.43 EPS. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, research analysts expect that Arrow Electronics will post 21.24 EPS for the current fiscal year.

Insider Buying and Selling

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

Institutional Trading of Arrow Electronics

A number of institutional investors and hedge funds have recently modified their holdings of ARW. Keating Financial Advisory Services Inc. acquired a new position in shares of Arrow Electronics in the 2nd quarter valued at about $28,000. Fiduciary Financial Advisors acquired a new stake in Arrow Electronics during the second quarter worth about $33,000. Jones Financial Companies Lllp bought a new position in Arrow Electronics in the second quarter worth about $37,000. Bayban bought a new position in Arrow Electronics in the first quarter worth about $26,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in Arrow Electronics in the second quarter valued at approximately $47,000. 99.34% of the stock is owned by institutional investors and hedge funds.

Arrow Electronics Company Profile

(Get Free Report)

Arrow Electronics, Inc is a global technology distributor that connects electronic component manufacturers with original equipment manufacturers, contract manufacturers and other commercial customers. The company supplies semiconductors, passive components, electromechanical products and related embedded technologies used in products across industries such as communications, industrial, automotive, aerospace and defense, and consumer electronics.

Through its enterprise computing solutions business, Arrow also provides information-technology products and services, including data-center and cloud solutions, software, security, storage, networking and professional services.

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Analyst Recommendations for Arrow Electronics (NYSE:ARW)

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