Perigon Wealth Management LLC Invests $1.16 Million in Arrow Electronics, Inc. $ARW

Perigon Wealth Management LLC acquired a new position in shares of Arrow Electronics, Inc. (NYSE:ARW) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 9,559 shares of the technology company’s stock, valued at approximately $1,157,000.

A number of other large investors also recently bought and sold shares of the stock. Geneos Wealth Management Inc. increased its position in shares of Arrow Electronics by 25.2% during the second quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock valued at $56,000 after acquiring an additional 89 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Arrow Electronics by 12.3% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 821 shares of the technology company’s stock worth $105,000 after acquiring an additional 90 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Arrow Electronics by 84.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock worth $28,000 after purchasing an additional 101 shares during the period. Meritage Portfolio Management increased its holdings in Arrow Electronics by 4.3% in the 2nd quarter. Meritage Portfolio Management now owns 2,440 shares of the technology company’s stock valued at $311,000 after purchasing an additional 101 shares during the last quarter. Finally, Cullen Capital Management LLC increased its holdings in Arrow Electronics by 0.5% in the 2nd quarter. Cullen Capital Management LLC now owns 22,265 shares of the technology company’s stock valued at $2,837,000 after purchasing an additional 107 shares during the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Arrow Electronics Stock Up 0.0%

Shares of NYSE ARW opened at $113.06 on Wednesday. The stock has a market cap of $5.82 billion, a P/E ratio of 12.49, a PEG ratio of 1.03 and a beta of 1.04. The business’s fifty day simple moving average is $111.70 and its 200-day simple moving average is $120.25. Arrow Electronics, Inc. has a 12-month low of $86.50 and a 12-month high of $134.74. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.48.

Arrow Electronics (NYSE:ARW) last released its earnings results on Thursday, October 30th. The technology company reported $2.41 EPS for the quarter, topping the consensus estimate of $2.28 by $0.13. The firm had revenue of $7.71 billion during the quarter, compared to analysts’ expectations of $7.67 billion. Arrow Electronics had a return on equity of 8.19% and a net margin of 1.62%.Arrow Electronics’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.38 EPS. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. As a group, equities analysts predict that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Analyst Ratings Changes

ARW has been the topic of a number of research reports. Wall Street Zen cut Arrow Electronics from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Wells Fargo & Company cut their price objective on Arrow Electronics from $98.00 to $94.00 and set an “underweight” rating on the stock in a report on Friday, October 31st. Weiss Ratings restated a “hold (c)” rating on shares of Arrow Electronics in a report on Wednesday, October 8th. Finally, Zacks Research downgraded Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 14th. Two research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $102.00.

Arrow Electronics 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.