Bull Harbor Capital LLC Purchases New Stake in Arrow Electronics, Inc. $ARW

Bull Harbor Capital LLC acquired a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,293 shares of the technology company’s stock, valued at approximately $472,000.

Several other hedge funds also recently added to or reduced their stakes in ARW. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Arrow Electronics by 45.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock worth $2,154,000 after purchasing an additional 6,523 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Arrow Electronics by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock worth $20,763,000 after purchasing an additional 14,886 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Arrow Electronics by 68.1% during the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after purchasing an additional 143 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Arrow Electronics in the second quarter worth about $492,000. Finally, Walleye Capital LLC acquired a new position in Arrow Electronics in the second quarter worth about $475,000. 99.34% of the stock is owned by institutional investors and hedge funds.

Arrow Electronics Stock Performance

Shares of ARW stock opened at $217.46 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average of $215.58 and a two-hundred day moving average of $177.05. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $237.33. The company has a market cap of $11.12 billion, a P/E ratio of 15.55 and a beta of 1.20.

Arrow Electronics (NYSE:ARW) last posted its earnings results on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, beating the consensus estimate of $2.92 by $2.30. The company had revenue of $9.47 billion during the quarter, compared to analyst estimates of $8.39 billion. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The business’s revenue was up 39.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.80 earnings per share. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, analysts anticipate that Arrow Electronics, Inc. will post 19.15 EPS for the current year.

Arrow Electronics announced that its board has authorized a share buyback program 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 programs are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the 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 sale, the senior vice president directly owned 12,626 shares of the company’s stock, valued at $2,727,216. This trade represents a 19.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Eric Nowak sold 3,473 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total value of $732,768.27. Following the completion of the sale, the insider owned 48,835 shares in the company, valued at $10,303,696.65. The trade was 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.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $122.00 to $233.00 in a research report on Wednesday, May 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Wells Fargo & Company raised their price objective on Arrow Electronics from $165.00 to $175.00 and gave the stock an “underweight” rating in a research note on Monday, July 20th. Finally, Truist Financial boosted their target price on shares of Arrow Electronics from $240.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $222.00.

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.