Arrow Electronics, Inc. $ARW Shares Sold by Edgestream Partners L.P.

Edgestream Partners L.P. decreased its stake in shares of Arrow Electronics, Inc. (NYSE:ARW) by 52.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 50,441 shares of the technology company’s stock after selling 56,030 shares during the period. Edgestream Partners L.P.’s holdings in Arrow Electronics were worth $7,234,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of ARW. Bull Harbor Capital LLC bought a new position in Arrow Electronics during the 1st quarter worth approximately $472,000. Arkadios Wealth Advisors increased its holdings in shares of Arrow Electronics by 7.3% in the 1st quarter. Arkadios Wealth Advisors now owns 2,453 shares of the technology company’s stock valued at $352,000 after acquiring an additional 167 shares during the last quarter. Amundi increased its holdings in shares of Arrow Electronics by 83.3% in the 1st quarter. Amundi now owns 209,973 shares of the technology company’s stock valued at $30,112,000 after acquiring an additional 95,419 shares during the last quarter. California State Teachers Retirement System raised its position in shares of Arrow Electronics by 23.0% during the 1st quarter. California State Teachers Retirement System now owns 60,065 shares of the technology company’s stock valued at $8,614,000 after acquiring an additional 11,219 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Arrow Electronics by 12.0% during the 1st quarter. Royal Bank of Canada now owns 28,966 shares of the technology company’s stock valued at $4,154,000 after acquiring an additional 3,094 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the transaction, the senior vice president owned 12,626 shares in the company, valued at $2,727,216. This represents a 19.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Eric Nowak sold 3,473 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total transaction of $732,768.27. Following the transaction, the insider directly owned 48,835 shares in the company, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on ARW shares. Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Wells Fargo & Company increased their target price on shares of Arrow Electronics from $165.00 to $175.00 and gave the stock an “underweight” rating in a report on Monday, July 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Raymond James Financial reaffirmed an “outperform” rating and issued a $220.00 price target on shares of Arrow Electronics in a report on Friday, May 8th. Finally, Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Arrow Electronics presently has an average rating of “Moderate Buy” and an average target price of $222.00.

Arrow Electronics Stock Up 4.0%

ARW opened at $213.08 on Friday. The stock’s 50 day moving average price is $215.58 and its 200 day moving average price is $176.77. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.24 and a quick ratio of 1.02. The stock has a market cap of $10.90 billion, a P/E ratio of 15.24 and a beta of 1.20. Arrow Electronics, Inc. has a 12 month low of $101.79 and a 12 month high of $237.33.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The company had revenue of $9.47 billion during the quarter, compared to analyst estimates of $8.39 billion. During the same quarter in the previous year, the firm posted $1.80 EPS. The firm’s quarterly revenue was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, research analysts predict that Arrow Electronics, Inc. will post 19.15 earnings per share for the current year.

Arrow Electronics announced that its Board of Directors has approved a stock buyback program on Wednesday, May 13th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the technology company to buy up to 9.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Arrow Electronics Company Profile

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.