Intech Investment Management LLC Has $1.11 Million Position in Arrow Electronics, Inc. $ARW

Intech Investment Management LLC increased its position in Arrow Electronics, Inc. (NYSE:ARWFree Report) by 92.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,042 shares of the technology company’s stock after buying an additional 4,821 shares during the quarter. Intech Investment Management LLC’s holdings in Arrow Electronics were worth $1,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in ARW. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Arrow Electronics by 45.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock valued at $2,154,000 after buying an additional 6,523 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Arrow Electronics by 8.0% in 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 valued at $20,763,000 after buying an additional 14,886 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Arrow Electronics by 68.1% in the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after buying an additional 143 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Arrow Electronics in the second quarter valued at approximately $492,000. Finally, Walleye Capital LLC acquired a new position in shares of Arrow Electronics in the second quarter valued at approximately $475,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Insider Activity at Arrow Electronics

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the business’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 12,626 shares of the company’s stock, valued at approximately $2,727,216. The trade was a 19.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Eric Nowak sold 3,473 shares of the business’s stock in a transaction that occurred 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 transaction, the insider directly owned 48,835 shares in the company, valued at approximately $10,303,696.65. This trade represents a 6.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by insiders.

Arrow Electronics Price Performance

Arrow Electronics stock opened at $219.11 on Friday. The stock’s 50 day moving average is $187.02 and its 200 day moving average is $148.12. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.24 and a quick ratio of 1.02. The firm has a market cap of $11.20 billion, a P/E ratio of 15.67 and a beta of 1.19. Arrow Electronics, Inc. has a one year low of $101.79 and a one year high of $233.30.

Arrow Electronics (NYSE:ARWGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The firm had revenue of $9.47 billion for the quarter, compared to analyst estimates of $8.39 billion. During the same period in the previous year, the firm earned $1.80 earnings per share. The company’s revenue 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, research analysts expect that Arrow Electronics, Inc. will post 19.15 EPS for the current year.

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

Analysts Set New Price Targets

A number of equities analysts recently commented on ARW shares. Raymond James Financial reaffirmed an “outperform” rating and issued a $220.00 price objective on shares of Arrow Electronics in a research note on Friday, May 8th. Wells Fargo & Company lifted their price objective on Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a research note on Friday, May 8th. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $122.00 to $233.00 in a research note on Wednesday, May 13th. Truist Financial lifted their price objective on Arrow Electronics from $240.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $219.50.

Check Out Our Latest Research Report on ARW

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

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.