Legal & General Group Plc Invests $18.39 Million in Arrow Electronics, Inc. $ARW

Legal & General Group Plc acquired a new stake in Arrow Electronics, Inc. (NYSE:ARW) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 86,168 shares of the technology company’s stock, valued at approximately $18,389,000. Legal & General Group Plc owned 0.17% of Arrow Electronics at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. MUFG Securities EMEA plc acquired a new position in shares of Arrow Electronics in the 4th quarter worth approximately $14,544,000. Intech Investment Management LLC raised its position in Arrow Electronics by 92.3% in the fourth quarter. Intech Investment Management LLC now owns 10,042 shares of the technology company’s stock valued at $1,106,000 after purchasing an additional 4,821 shares during the period. Atria Investments Inc lifted its stake in Arrow Electronics by 48.0% during the fourth quarter. Atria Investments Inc now owns 80,092 shares of the technology company’s stock worth $8,825,000 after purchasing an additional 25,965 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Arrow Electronics by 306.8% during the first quarter. Empowered Funds LLC now owns 36,928 shares of the technology company’s stock worth $5,296,000 after buying an additional 27,851 shares during the period. Finally, Assenagon Asset Management S.A. grew its stake in shares of Arrow Electronics by 307.9% in the second quarter. Assenagon Asset Management S.A. now owns 220,920 shares of the technology company’s stock valued at $47,147,000 after buying an additional 166,762 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Key Arrow Electronics News

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Analysts tracked by American Banking News assign Arrow Electronics an average price target of $233.25, implying meaningful upside from recent trading levels. Arrow Electronics Receives $233.25 Average Price Target from Analysts
• Positive Sentiment: Zacks Research raised its Arrow Electronics EPS forecasts across multiple periods, including FY2026 to $20.41 from $17.19, FY2027 to $20.08 from $16.22, and FY2028 to $19.28 from $15.33. The firm also lifted estimates for several quarterly periods, including Q3 2026 to $5.01 from $3.25 and Q3 2027 to $5.05 from $3.21.
• Neutral Sentiment: Zacks Research maintained a Hold rating, suggesting that the higher earnings forecasts have not yet prompted the analyst to view ARW as an outright buy. The current-year consensus EPS estimate is approximately $20.44, broadly in line with Zacks’ revised FY2026 forecast.
• Negative Sentiment: The stock’s decline may reflect valuation and momentum concerns following a strong run toward its 12-month high of $237.33. Investors may also be weighing the fact that Zacks’ longer-term FY2028 estimate of $19.28 is below its FY2027 forecast, despite the upward revisions.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ARW shares. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a report on Friday, August 21st. Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $122.00 to $233.00 in a research note on Wednesday, May 13th. Wells Fargo & Company increased their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Finally, Raymond James Financial restated an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a research note on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Arrow Electronics presently has an average rating of “Hold” and an average target price of $233.25.

Arrow Electronics Stock Down 0.1%

Shares of Arrow Electronics stock opened at $203.70 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. Arrow Electronics, Inc. has a 52-week low of $101.79 and a 52-week high of $237.33. The company has a market capitalization of $10.37 billion, a P/E ratio of 13.02, a P/E/G ratio of 0.30 and a beta of 1.20. The company has a 50 day moving average of $210.78 and a 200 day moving average of $189.24.

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

Arrow Electronics announced that its Board of Directors has authorized a stock repurchase program on Wednesday, May 13th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to reacquire up to 9.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its shares are undervalued.

Arrow Electronics 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.