Lecap Asset Management Ltd. Makes New Investment in Arrow Electronics, Inc. $ARW

Lecap Asset Management Ltd. purchased a new stake in Arrow Electronics, Inc. (NYSE:ARW) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,906 shares of the technology company’s stock, valued at approximately $1,687,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bayban bought a new stake in shares of Arrow Electronics during the first quarter worth $26,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Arrow Electronics by 112.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after acquiring an additional 131 shares during the period. Transamerica Financial Advisors LLC bought a new stake in Arrow Electronics in the 4th quarter valued at $27,000. Advisory Services Network LLC bought a new stake in Arrow Electronics in the 3rd quarter valued at $31,000. Finally, Quarry LP acquired a new position in Arrow Electronics in the 3rd quarter worth $33,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wells Fargo & Company increased their target price on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Zacks Research lowered Arrow Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Wall Street Zen raised Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Truist Financial decreased their price objective on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a report on Friday, August 7th. Finally, Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $233.25.

Insider Transactions at Arrow Electronics

In related 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 sale, the insider owned 48,835 shares in the company, valued at approximately $10,303,696.65. This represents a 6.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were 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 $2,727,216. This trade represents a 19.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by insiders.

Arrow Electronics Stock Up 2.2%

Arrow Electronics stock opened at $213.78 on Friday. 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 1-year low of $101.79 and a 1-year high of $237.33. The company has a fifty day simple moving average of $214.23 and a 200 day simple moving average of $183.84. The company has a market cap of $10.88 billion, a P/E ratio of 13.66, a price-to-earnings-growth ratio of 0.32 and a beta of 1.20.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The firm had revenue of $9.99 billion for the quarter, compared to analysts’ expectations of $9.67 billion. During the same period in the previous year, the firm posted $2.43 EPS. The company’s revenue for the quarter was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Research analysts anticipate that Arrow Electronics, Inc. will post 20.44 earnings per share for the current fiscal year.

Arrow Electronics declared that its board has authorized a stock repurchase plan on Wednesday, May 13th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the technology company to repurchase up to 9.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Arrow Electronics 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.