Arrow Electronics (NYSE:ARW) Hits New 52-Week High – Should You Buy?

Arrow Electronics, Inc. (NYSE:ARW)’s stock price reached a new 52-week high during trading on Friday. The company traded as high as $239.29 and last traded at $239.3970, with a volume of 41795 shares changing hands. The stock had previously closed at $231.63.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on ARW shares. Truist Financial decreased their price objective on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a report on Friday, August 7th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a research note on Friday, August 21st. Wells Fargo & Company lifted their target price on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 1st. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $250.00 price target on shares of Arrow Electronics in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $233.25.

Arrow Electronics Price Performance

The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average price is $214.97 and its two-hundred day moving average price is $200.91. The stock has a market capitalization of $12.39 billion, a PE ratio of 15.48, a PEG ratio of 0.33 and a beta of 1.16.

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

Insider Buying and Selling at Arrow Electronics

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Keating Financial Advisory Services Inc. bought a new stake in shares of Arrow Electronics during the 2nd quarter valued at about $28,000. Fiduciary Financial Advisors purchased a new position in shares of Arrow Electronics in the second quarter worth approximately $33,000. Jones Financial Companies Lllp bought a new stake in Arrow Electronics during the second quarter valued at approximately $37,000. Bayban bought a new stake in Arrow Electronics during the first quarter valued at approximately $26,000. Finally, BOK Financial Private Wealth Inc. purchased a new stake in Arrow Electronics during the second quarter valued at approximately $47,000. Institutional investors own 99.34% of the company’s stock.

About Arrow Electronics

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing products. The company connects manufacturers with industrial and commercial customers, supplying semiconductors, embedded components, and related technologies used in products such as automotive systems, communications equipment, industrial machinery, and consumer electronics.

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