Arrow Electronics, Inc. (NYSE:ARW) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Arrow Electronics, Inc. (NYSE:ARW) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $219.50.

ARW has been the topic of several recent analyst reports. Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Truist Financial increased their target price on Arrow Electronics from $240.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Raymond James Financial reiterated an “outperform” rating and set a $220.00 target price on shares of Arrow Electronics in a research report on Friday, May 8th. Finally, Wells Fargo & Company increased their target price on Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th.

Arrow Electronics Stock Performance

NYSE ARW opened at $226.33 on Thursday. Arrow Electronics has a fifty-two week low of $101.79 and a fifty-two week high of $234.46. The stock has a market cap of $11.57 billion, a price-to-earnings ratio of 16.19 and a beta of 1.19. The business has a fifty day moving average of $199.82 and a 200-day moving average of $155.07. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings results 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 return on equity of 11.40% and a net margin of 2.17%.The company 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 firm posted $1.80 earnings per share. The business’s revenue for the quarter was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, analysts predict that Arrow Electronics will post 19.15 earnings per share for the current fiscal year.

Arrow Electronics announced that its Board of Directors has approved a stock buyback program on Wednesday, May 13th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

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

Institutional Investors Weigh In On Arrow Electronics

Several institutional investors and hedge funds have recently added to or reduced their stakes in ARW. ACR Alpine Capital Research LLC increased its stake in Arrow Electronics by 42.6% during the fourth quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock worth $379,635,000 after acquiring an additional 1,028,778 shares during the last quarter. AQR Capital Management LLC increased its stake in Arrow Electronics by 37.7% during the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock worth $384,818,000 after acquiring an additional 871,585 shares during the last quarter. Brandes Investment Partners LP increased its stake in Arrow Electronics by 1,412.3% during the fourth quarter. Brandes Investment Partners LP now owns 409,461 shares of the technology company’s stock worth $45,115,000 after acquiring an additional 382,385 shares during the last quarter. FIL Ltd increased its stake in Arrow Electronics by 33.8% during the fourth quarter. FIL Ltd now owns 1,231,833 shares of the technology company’s stock worth $135,723,000 after acquiring an additional 310,936 shares during the last quarter. Finally, Alyeska Investment Group L.P. acquired a new stake in Arrow Electronics during the fourth quarter worth about $29,255,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

About Arrow Electronics

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.