Arrow Electronics, Inc. (NYSE:ARW) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Arrow Electronics, Inc. (NYSE:ARW) have been given a consensus rating of “Moderate Buy” by the six analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $219.50.

ARW has been the subject of a number of research reports. Truist Financial boosted their target price on shares of Arrow Electronics from $240.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, June 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Bank of America raised 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 report on Wednesday, May 13th. Wells Fargo & Company upped their target price on Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a research note on Friday, May 8th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $220.00 target price on shares of Arrow Electronics in a report on Friday, May 8th.

Arrow Electronics Price Performance

Shares of NYSE:ARW opened at $206.64 on Monday. Arrow Electronics has a twelve month low of $101.79 and a twelve month high of $237.33. The company’s 50 day moving average is $213.47 and its 200 day moving average is $167.20. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. The company has a market cap of $10.57 billion, a PE ratio of 14.78 and a beta of 1.20.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, beating the consensus estimate of $2.92 by $2.30. The business had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $8.39 billion. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The business’s quarterly revenue was up 39.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.80 EPS. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. On average, sell-side analysts forecast that Arrow Electronics will post 19.15 EPS for the current year.

Arrow Electronics announced that its board has approved a stock buyback program on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 9.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ARW. Bayban acquired a new stake in shares of Arrow Electronics during the 1st quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. raised its holdings in Arrow Electronics by 112.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after purchasing an additional 131 shares during the period. Transamerica Financial Advisors LLC purchased a new position in Arrow Electronics during the fourth quarter worth approximately $27,000. Advisory Services Network LLC purchased a new position in Arrow Electronics during the third quarter worth approximately $31,000. Finally, Quarry LP acquired a new stake in Arrow Electronics in the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

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.