Brighton Jones LLC Purchases New Position in Arrow Electronics, Inc. $ARW

Brighton Jones LLC bought a new position in shares of Arrow Electronics, Inc. (NYSE:ARW) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,133 shares of the technology company’s stock, valued at approximately $781,000.

A number of other hedge funds also recently bought and sold shares of ARW. Farther Finance Advisors LLC lifted its holdings in Arrow Electronics by 84.2% during the second quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock worth $28,000 after buying an additional 101 shares during the period. Operose Advisors LLC purchased a new stake in Arrow Electronics during the first quarter worth $31,000. Geneos Wealth Management Inc. lifted its holdings in Arrow Electronics by 68.1% during the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after buying an additional 143 shares during the period. Golden State Wealth Management LLC lifted its holdings in Arrow Electronics by 111.7% during the first quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company’s stock worth $39,000 after buying an additional 200 shares during the period. Finally, Quarry LP lifted its holdings in Arrow Electronics by 321.7% during the first quarter. Quarry LP now owns 388 shares of the technology company’s stock worth $40,000 after buying an additional 296 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Analysts Set New Price Targets

ARW has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Arrow Electronics in a report on Wednesday, October 8th. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Finally, Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Arrow Electronics has an average rating of “Hold” and an average target price of $115.75.

Arrow Electronics Price Performance

NYSE ARW opened at $118.34 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.39 and a quick ratio of 1.07. The stock’s fifty day moving average price is $122.79 and its 200 day moving average price is $121.64. Arrow Electronics, Inc. has a 1 year low of $86.50 and a 1 year high of $137.80. The company has a market cap of $6.09 billion, a price-to-earnings ratio of 13.39, a PEG ratio of 0.57 and a beta of 1.09.

Arrow Electronics (NYSE:ARW) last released its earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.40. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The firm had revenue of $7.58 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the firm earned $2.78 EPS. The firm’s revenue was up 10.0% on a year-over-year basis. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. As a group, equities research analysts forecast that Arrow Electronics, Inc. will post 10.57 earnings per share for the current year.

Insider Activity

In other news, CEO Sean J. Kerins bought 8,630 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The shares were purchased at an average cost of $114.91 per share, with a total value of $991,673.30. Following the transaction, the chief executive officer directly owned 122,408 shares in the company, valued at approximately $14,065,903.28. The trade was a 7.58% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.80% of the stock is currently owned by insiders.

About Arrow Electronics

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.