Arrow Electronics, Inc. (NYSE:ARW) Receives $233.25 Consensus Target Price from Analysts

Shares of Arrow Electronics, Inc. (NYSE:ARW) have earned an average rating of “Hold” from the six brokerages that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $233.25.

Several equities research analysts recently issued reports on ARW shares. Wells Fargo & Company lifted their price objective on Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. Raymond James Financial reiterated an “outperform” rating and set a $250.00 price target on shares of Arrow Electronics in a research report on Friday, August 7th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a report on Friday, August 21st. Wall Street Zen upgraded shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Finally, Truist Financial dropped their price objective on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a report on Friday, August 7th.

Arrow Electronics Trading Up 0.1%

Shares of ARW opened at $204.13 on Tuesday. Arrow Electronics has a twelve month low of $101.79 and a twelve month high of $237.33. The stock has a market cap of $10.39 billion, a PE ratio of 13.04, a P/E/G ratio of 0.30 and a beta of 1.20. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. The business’s 50-day moving average price is $210.17 and its 200-day moving average price is $189.58.

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

Arrow Electronics declared that its board has initiated a share buyback program on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the technology company to repurchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ARW. California State Teachers Retirement System raised its holdings in Arrow Electronics by 20,912.3% in the second quarter. California State Teachers Retirement System now owns 12,621,067 shares of the technology company’s stock worth $2,693,462,000 after purchasing an additional 12,561,002 shares in the last quarter. BlackRock Inc. bought a new position in Arrow Electronics in the 2nd quarter worth about $1,070,534,000. Bank of America Corp DE purchased a new stake in Arrow Electronics during the 2nd quarter valued at about $270,981,000. ACR Alpine Capital Research LLC raised its holdings in Arrow Electronics by 42.6% in the 4th quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock worth $379,635,000 after acquiring an additional 1,028,778 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Arrow Electronics by 37.7% in the 3rd quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock worth $384,818,000 after purchasing an additional 871,585 shares in the last quarter. 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.