Vestcor Inc Decreases Stake in Arrow Electronics, Inc. $ARW

Vestcor Inc cut its holdings in Arrow Electronics, Inc. (NYSE:ARW) by 85.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 720 shares of the technology company’s stock after selling 4,143 shares during the quarter. Vestcor Inc’s holdings in Arrow Electronics were worth $79,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of ARW. ACR Alpine Capital Research LLC boosted its stake in shares of Arrow Electronics by 42.6% in the fourth quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock valued at $379,635,000 after buying an additional 1,028,778 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Arrow Electronics by 37.7% in the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock valued at $384,818,000 after buying an additional 871,585 shares in the last quarter. DNB Asset Management AS boosted its stake in shares of Arrow Electronics by 49.8% in the fourth quarter. DNB Asset Management AS now owns 706,687 shares of the technology company’s stock valued at $77,863,000 after buying an additional 234,874 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Arrow Electronics by 3.5% in the third quarter. Vanguard Group Inc. now owns 6,085,440 shares of the technology company’s stock valued at $736,338,000 after buying an additional 204,024 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Arrow Electronics in the fourth quarter valued at approximately $14,544,000. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the transaction, the senior vice president directly owned 12,626 shares of the company’s stock, valued at $2,727,216. The trade was a 19.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Eric Nowak sold 3,473 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total value of $732,768.27. Following the completion of the transaction, the insider directly owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. This trade represents a 6.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on ARW. Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. Wells Fargo & Company lifted their price target on Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. Truist Financial lifted their price target on Arrow Electronics from $240.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $220.00 price objective on shares of Arrow Electronics in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $219.50.

Arrow Electronics Stock Performance

Shares of ARW stock opened at $215.95 on Thursday. The stock has a fifty day moving average price of $191.74 and a 200 day moving average price of $150.85. The stock has a market cap of $11.04 billion, a PE ratio of 15.45 and a beta of 1.19. Arrow Electronics, Inc. has a 1 year low of $101.79 and a 1 year high of $233.30. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.02 and a current ratio of 1.24.

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

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

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.