Arrow Electronics (NYSE:ARW) Hits New 1-Year High – Here’s What Happened

Arrow Electronics, Inc. (NYSE:ARW) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $179.43 and last traded at $179.3510, with a volume of 271618 shares trading hands. The stock had previously closed at $175.97.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Wells Fargo & Company lifted their target price on Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a research note on Friday, February 6th. Weiss Ratings raised Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Truist Financial raised Arrow Electronics from a “hold” rating to a “buy” rating and raised their price target for the stock from $148.00 to $183.00 in a report on Monday, April 13th. Finally, Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $136.00.

Arrow Electronics Trading Up 1.9%

The business’s 50-day moving average is $150.69 and its two-hundred day moving average is $128.43. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.09 and a current ratio of 1.36. The stock has a market capitalization of $9.16 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 0.85 and a beta of 1.00.

Arrow Electronics (NYSE:ARW) last released its earnings results on Thursday, February 5th. The technology company reported $4.39 EPS for the quarter, beating analysts’ consensus estimates of $3.55 by $0.84. Arrow Electronics had a return on equity of 9.01% and a net margin of 1.85%.The company had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.16 billion. During the same quarter last year, the company earned $2.97 earnings per share. Arrow Electronics’s quarterly revenue was up 20.1% compared to the same quarter last year. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. As a group, equities research analysts anticipate that Arrow Electronics, Inc. will post 13.59 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Richard John Marano sold 2,500 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $155.32, for a total value of $388,300.00. Following the completion of the transaction, the insider owned 24,096 shares in the company, valued at $3,742,590.72. This trade represents a 9.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO William F. Austen purchased 3,960 shares of the company’s stock in a transaction dated Thursday, February 19th. The stock was purchased at an average price of $151.87 per share, with a total value of $601,405.20. Following the transaction, the chief executive officer owned 44,722 shares of the company’s stock, valued at approximately $6,791,930.14. This represents a 9.71% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 19,199 shares of company stock worth $3,009,786 in the last ninety days. 0.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Krilogy Financial LLC increased its stake in shares of Arrow Electronics by 3.2% during the 1st quarter. Krilogy Financial LLC now owns 2,543 shares of the technology company’s stock valued at $365,000 after acquiring an additional 80 shares during the last quarter. Gateway Investment Advisers LLC increased its stake in shares of Arrow Electronics by 3.8% during the 4th quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company’s stock valued at $251,000 after acquiring an additional 84 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Arrow Electronics by 25.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock valued at $56,000 after acquiring an additional 89 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in Arrow Electronics by 6.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,554 shares of the technology company’s stock worth $171,000 after acquiring an additional 90 shares during the last quarter. Finally, Studio Investment Management LLC increased its stake in Arrow Electronics by 3.2% during the fourth quarter. Studio Investment Management LLC now owns 3,094 shares of the technology company’s stock worth $341,000 after acquiring an additional 95 shares during the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

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.