Arrow Electronics, Inc. (NYSE:ARW) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Arrow Electronics, Inc. (NYSE:ARW) have been given an average recommendation of “Moderate Buy” by the six research firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $214.50.

ARW has been the topic of several analyst reports. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Wells Fargo & Company boosted their target price on shares of Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. Truist Financial boosted their target price on shares of Arrow Electronics from $183.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings raised shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Finally, Raymond James Financial reissued an “outperform” rating and set a $220.00 target price on shares of Arrow Electronics in a research report on Friday, May 8th.

Arrow Electronics Trading Down 2.8%

Shares of ARW opened at $208.29 on Friday. Arrow Electronics has a 1-year low of $101.79 and a 1-year high of $215.68. The company has a 50-day moving average of $164.00 and a 200 day moving average of $137.10. The firm has a market capitalization of $10.65 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 0.76 and a beta of 1.16. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.24 and a quick ratio of 1.02.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $5.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The company had revenue of $9.47 billion during the quarter, compared to analyst estimates of $8.39 billion. During the same quarter last year, the business posted $1.80 EPS. The firm’s revenue for the quarter was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. On average, research analysts expect that Arrow Electronics will post 17.97 EPS for the current year.

Arrow Electronics announced that its board has approved a stock repurchase plan on Wednesday, May 13th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the technology company to purchase up to 9.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Arrow Electronics

In related news, insider Richard John Marano sold 2,500 shares of the business’s stock in a transaction 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 transaction, the insider directly owned 24,096 shares in the company, valued at $3,742,590.72. The trade was a 9.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO William F. Austen bought 3,960 shares of the firm’s stock in a transaction that occurred on 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 completion of the purchase, the chief executive officer owned 44,722 shares in the company, valued at approximately $6,791,930.14. This trade represents a 9.71% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Arrow Electronics

A number of hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Arrow Electronics by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 6,122,857 shares of the technology company’s stock valued at $674,616,000 after purchasing an additional 37,417 shares during the period. ACR Alpine Capital Research LLC grew its holdings in shares of Arrow Electronics by 3.9% in the first quarter. ACR Alpine Capital Research LLC now owns 3,578,313 shares of the technology company’s stock valued at $513,166,000 after purchasing an additional 132,720 shares during the period. AQR Capital Management LLC grew its holdings in shares of Arrow Electronics by 37.7% in the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock valued at $384,818,000 after purchasing an additional 871,585 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Arrow Electronics by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 3,007,509 shares of the technology company’s stock valued at $431,280,000 after purchasing an additional 11,894 shares during the period. Finally, Earnest Partners LLC boosted its stake in Arrow Electronics by 0.3% during the third quarter. Earnest Partners LLC now owns 1,479,482 shares of the technology company’s stock worth $179,017,000 after buying an additional 5,068 shares during the period. Hedge funds and other institutional investors 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.