Arrow Electronics (NYSE:ARW) Stock Rating Upgraded by Bank of America

Arrow Electronics (NYSE:ARW) was upgraded by research analysts at Bank of America from an “underperform” rating to a “neutral” rating in a research report issued on Wednesday. The brokerage presently has a $233.00 target price on the technology company’s stock. Bank of America‘s price objective points to a potential upside of 15.87% from the stock’s previous close.

Several other research analysts have also recently weighed in on ARW. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Truist Financial boosted their price target on shares of Arrow Electronics from $183.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Wells Fargo & Company increased their price target on shares of Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a report on Friday. Raymond James Financial restated an “outperform” rating and set a $220.00 price objective on shares of Arrow Electronics in a research report on Friday. Finally, Weiss Ratings raised shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Arrow Electronics presently has an average rating of “Moderate Buy” and a consensus target price of $214.50.

Arrow Electronics Stock Performance

Arrow Electronics stock opened at $201.09 on Wednesday. The firm’s 50 day simple moving average is $160.09 and its 200 day simple moving average is $135.29. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. Arrow Electronics has a 1-year low of $101.79 and a 1-year high of $206.07. The firm has a market capitalization of $10.28 billion, a PE ratio of 14.38, a price-to-earnings-growth ratio of 0.88 and a beta of 1.16.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, beating analysts’ consensus estimates of $2.92 by $2.30. The firm had revenue of $9.47 billion during the quarter, compared to analyst estimates of $8.39 billion. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The business’s revenue for the quarter was up 39.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.80 EPS. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, analysts expect that Arrow Electronics will post 15.11 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO William F. Austen purchased 3,960 shares of Arrow Electronics stock in a transaction that occurred on Thursday, February 19th. The shares were acquired at an average cost of $151.87 per share, for a total transaction of $601,405.20. Following the transaction, the chief executive officer directly owned 44,722 shares in the company, valued at $6,791,930.14. The trade was a 9.71% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Richard John Marano sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $155.32, for a total value of $388,300.00. Following the completion of the sale, the insider owned 24,096 shares of the company’s stock, valued at $3,742,590.72. The trade was a 9.40% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Arrow Electronics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bayban bought a new stake in Arrow Electronics in the 1st quarter worth $26,000. Root Financial Partners LLC purchased a new stake in Arrow Electronics in the 3rd quarter worth approximately $26,000. Winnow Wealth LLC bought a new stake in shares of Arrow Electronics in the 3rd quarter worth approximately $26,000. Transamerica Financial Advisors LLC purchased a new position in shares of Arrow Electronics during the fourth quarter valued at approximately $27,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Arrow Electronics by 112.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock valued at $27,000 after buying an additional 131 shares during the period. 99.34% of the stock is currently owned by institutional investors.

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.