Great Lakes Advisors LLC Invests $1.47 Million in Arrow Electronics, Inc. $ARW

Great Lakes Advisors LLC purchased a new position in Arrow Electronics, Inc. (NYSE:ARW) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,869 shares of the technology company’s stock, valued at approximately $1,466,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bayban purchased a new position in Arrow Electronics in the 1st quarter worth approximately $26,000. BOK Financial Private Wealth Inc. bought a new position in shares of Arrow Electronics during the 2nd quarter valued at $47,000. Transamerica Financial Advisors LLC bought a new position in Arrow Electronics in the fourth quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. boosted its position in Arrow Electronics by 112.0% in the fourth 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 last quarter. Finally, Evergreen Advisors LLC purchased a new position in shares of Arrow Electronics in the first quarter worth approximately $36,000. 99.34% of the stock is currently owned by institutional investors.

Arrow Electronics Stock Performance

Shares of NYSE ARW opened at $210.98 on Friday. The company has a market cap of $10.74 billion, a P/E ratio of 13.48, a P/E/G ratio of 0.32 and a beta of 1.20. Arrow Electronics, Inc. has a 52-week low of $101.79 and a 52-week high of $237.33. The firm’s fifty day moving average is $213.28 and its two-hundred day moving average is $186.80. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.22.

Arrow Electronics (NYSE:ARW) last announced its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (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 firm had revenue of $9.99 billion for the quarter, compared to analysts’ expectations of $9.67 billion. During the same period in the prior year, the company earned $2.43 EPS. The business’s revenue was up 31.8% compared to the same quarter last year. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, analysts anticipate that Arrow Electronics, Inc. will post 20.44 EPS for the current fiscal year.

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on ARW. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and lifted their target price for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Wells Fargo & Company increased their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Wall Street Zen upgraded shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Raymond James Financial restated an “outperform” rating and set a $250.00 price objective on shares of Arrow Electronics in a research report on Friday, August 7th. Finally, Zacks Research lowered Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $233.25.

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.