VIRGINIA RETIREMENT SYSTEMS ET Al Has $1.38 Million Stock Holdings in Arrow Electronics, Inc. $ARW

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its stake in Arrow Electronics, Inc. (NYSE:ARWFree Report) by 20.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,536 shares of the technology company’s stock after selling 3,250 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Arrow Electronics were worth $1,381,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ARW. Root Financial Partners LLC bought a new stake in Arrow Electronics in the third quarter worth approximately $26,000. Winnow Wealth LLC bought a new stake in Arrow Electronics in the third quarter worth approximately $26,000. Advisory Services Network LLC bought a new stake in Arrow Electronics in the third quarter worth approximately $31,000. Quarry LP bought a new stake in Arrow Electronics in the third quarter worth approximately $33,000. Finally, Geneos Wealth Management Inc. grew its position in Arrow Electronics by 68.1% in the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after acquiring an additional 143 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Insider Buying and Selling at Arrow Electronics

In related news, insider Richard John Marano sold 2,500 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $155.32, for a total transaction of $388,300.00. Following the completion of the transaction, the insider directly owned 24,096 shares in the company, valued at $3,742,590.72. This represents a 9.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO William F. Austen acquired 3,960 shares of the company’s stock in a transaction dated Thursday, February 19th. The stock was acquired at an average price of $151.87 per share, with a total value of $601,405.20. Following the purchase, the chief executive officer owned 44,722 shares in the company, valued at approximately $6,791,930.14. This represents a 9.71% increase in their position. The SEC filing for this purchase provides additional information. 0.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

ARW has been the subject of several recent research reports. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Truist Financial boosted their target price on shares of Arrow Electronics from $183.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $122.00 to $233.00 in a research report on Wednesday. Raymond James Financial reissued an “outperform” rating and issued a $220.00 target price on shares of Arrow Electronics in a research report on Friday, May 8th. Finally, Weiss Ratings raised shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $214.50.

Read Our Latest Report on ARW

Arrow Electronics Price Performance

Shares of Arrow Electronics stock opened at $208.29 on Friday. The firm has a fifty day simple moving average of $164.00 and a 200-day simple moving average of $137.10. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. Arrow Electronics, Inc. has a 1-year low of $101.79 and a 1-year high of $215.68. The stock has a market capitalization of $10.65 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 0.78 and a beta of 1.16.

Arrow Electronics (NYSE:ARWGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $5.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The business had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $8.39 billion. During the same period in the previous year, the company earned $1.80 earnings per share. Arrow Electronics’s revenue for the quarter was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. On average, sell-side analysts expect that Arrow Electronics, Inc. will post 17.97 earnings per share for the current year.

Arrow Electronics declared that its Board of Directors has initiated a share repurchase plan on Wednesday, May 13th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the technology company to reacquire up to 9.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

About Arrow Electronics

(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.

See Also

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.