Callan Family Office LLC Invests $940,000 in Arrow Electronics, Inc. $ARW

Callan Family Office LLC purchased a new stake in shares of Arrow Electronics, Inc. (NYSE:ARWFree Report) in the 2nd quarter, HoldingsChannel reports. The firm purchased 4,406 shares of the technology company’s stock, valued at approximately $940,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ARW. MUFG Securities EMEA plc bought a new stake in Arrow Electronics in the 4th quarter worth approximately $14,544,000. Intech Investment Management LLC lifted its holdings in shares of Arrow Electronics by 92.3% during the 4th quarter. Intech Investment Management LLC now owns 10,042 shares of the technology company’s stock valued at $1,106,000 after buying an additional 4,821 shares during the period. Atria Investments Inc boosted its stake in shares of Arrow Electronics by 48.0% in the 4th quarter. Atria Investments Inc now owns 80,092 shares of the technology company’s stock worth $8,825,000 after buying an additional 25,965 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Arrow Electronics by 306.8% in the 1st quarter. Empowered Funds LLC now owns 36,928 shares of the technology company’s stock worth $5,296,000 after buying an additional 27,851 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Arrow Electronics by 307.9% in the second quarter. Assenagon Asset Management S.A. now owns 220,920 shares of the technology company’s stock worth $47,147,000 after acquiring an additional 166,762 shares during the period. 99.34% of the stock is owned by institutional investors.

Arrow Electronics Stock Down 4.3%

NYSE ARW opened at $201.87 on Tuesday. The stock’s 50 day moving average is $212.75 and its 200 day moving average is $187.65. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. Arrow Electronics, Inc. has a 12 month low of $101.79 and a 12 month high of $237.33. The stock has a market cap of $10.28 billion, a PE ratio of 12.90, a P/E/G ratio of 0.32 and a beta of 1.20.

Arrow Electronics (NYSE:ARWGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, beating the consensus estimate of $4.45 by $1.00. The business had revenue of $9.99 billion during the quarter, compared to the consensus estimate of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The business’s revenue was up 31.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.43 EPS. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Research analysts predict that Arrow Electronics, Inc. will post 20.44 EPS for the current fiscal year.

Arrow Electronics announced that its Board of Directors has authorized a stock buyback plan on Wednesday, May 13th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to buy up to 9.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ARW shares. Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. 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. Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. Wells Fargo & Company boosted their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research report on Friday, August 7th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a research report on Friday, August 7th. Three 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. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $233.25.

Get Our Latest Analysis on Arrow Electronics

Arrow Electronics Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding ARW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arrow Electronics, Inc. (NYSE:ARWFree Report).

Institutional Ownership by Quarter for Arrow Electronics (NYSE:ARW)

Receive News & Ratings for Arrow Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrow Electronics and related companies with MarketBeat.com's FREE daily email newsletter.