Arrow Electronics (NYSE:ARW) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Arrow Electronics (NYSE:ARW) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday morning,Zacks reports. Zacks Research also issued estimates for Arrow Electronics’ Q3 2026 earnings at $5.01 EPS, Q4 2026 earnings at $4.74 EPS, FY2026 earnings at $20.41 EPS, Q1 2027 earnings at $4.73 EPS, Q3 2027 earnings at $5.05 EPS, Q4 2027 earnings at $5.26 EPS, FY2027 earnings at $20.08 EPS, Q1 2028 earnings at $3.92 EPS, Q2 2028 earnings at $5.19 EPS and FY2028 earnings at $19.28 EPS.

Other equities research analysts have also recently issued reports about the company. Weiss Ratings reissued 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. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Raymond James Financial restated an “outperform” rating and set a $250.00 price target on shares of Arrow Electronics in a report on Friday, August 7th. Finally, Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Arrow Electronics has an average rating of “Moderate Buy” and an average price target of $233.25.

Arrow Electronics Price Performance

Arrow Electronics stock opened at $208.10 on Tuesday. The company has a market cap of $10.59 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 0.30 and a beta of 1.19. The firm’s fifty day moving average is $209.45 and its 200 day moving average is $190.29. 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 has a 52-week low of $101.79 and a 52-week high of $237.33.

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

Arrow Electronics declared that its board has approved a share repurchase plan 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 plans are typically an indication that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On Arrow Electronics

Institutional investors and hedge funds have recently modified their holdings of the business. MUFG Securities EMEA plc purchased a new position in Arrow Electronics during the 4th quarter worth $14,544,000. Intech Investment Management LLC raised its holdings in shares of 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 acquiring an additional 4,821 shares in the last quarter. Empowered Funds LLC grew its holdings in Arrow Electronics by 306.8% during the 1st quarter. Empowered Funds LLC now owns 36,928 shares of the technology company’s stock worth $5,296,000 after acquiring an additional 27,851 shares in the last quarter. Atria Investments Inc increased its position in Arrow Electronics by 48.0% during the 4th quarter. Atria Investments Inc now owns 80,092 shares of the technology company’s stock valued at $8,825,000 after purchasing an additional 25,965 shares during the period. Finally, Assenagon Asset Management S.A. lifted its position in shares of Arrow Electronics by 307.9% in the 2nd quarter. Assenagon Asset Management S.A. now owns 220,920 shares of the technology company’s stock worth $47,147,000 after purchasing an additional 166,762 shares during the period. 99.34% of the stock is owned by institutional investors.

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.