Mutual of America Capital Management LLC Sells 1,054 Shares of Arrow Electronics, Inc. $ARW

Mutual of America Capital Management LLC lessened its stake in Arrow Electronics, Inc. (NYSE:ARW) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 25,797 shares of the technology company’s stock after selling 1,054 shares during the period. Mutual of America Capital Management LLC’s holdings in Arrow Electronics were worth $3,287,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its position in shares of Arrow Electronics by 84.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock valued at $28,000 after buying an additional 101 shares during the last quarter. Operose Advisors LLC bought a new stake in shares of Arrow Electronics in the 1st quarter valued at about $31,000. Geneos Wealth Management Inc. grew its position in shares of Arrow Electronics by 68.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after buying an additional 143 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in shares of Arrow Electronics by 111.7% in the 1st quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company’s stock valued at $39,000 after purchasing an additional 200 shares during the period. Finally, Quarry LP lifted its stake in shares of Arrow Electronics by 321.7% in the 1st quarter. Quarry LP now owns 388 shares of the technology company’s stock valued at $40,000 after purchasing an additional 296 shares during the period. Institutional investors own 99.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Arrow Electronics in a research note on Wednesday, October 8th. Wall Street Zen raised Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. Finally, Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $115.75.

Arrow Electronics Stock Performance

Shares of Arrow Electronics stock opened at $121.06 on Friday. The company has a market cap of $6.23 billion, a PE ratio of 13.69, a price-to-earnings-growth ratio of 0.57 and a beta of 1.09. Arrow Electronics, Inc. has a 52 week low of $86.50 and a 52 week high of $137.80. The business has a 50 day moving average price of $123.10 and a 200-day moving average price of $120.83. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings data on Thursday, July 31st. The technology company reported $2.43 EPS for the quarter, topping the consensus estimate of $2.03 by $0.40. The firm had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.12 billion. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.78 earnings per share. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. Equities analysts anticipate that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

Insider Activity

In other Arrow Electronics news, CEO Sean J. Kerins bought 8,630 shares of Arrow Electronics stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $114.91 per share, with a total value of $991,673.30. Following the completion of the acquisition, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

Arrow Electronics Company Profile

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.