Arrow Electronics, Inc. (NYSE:ARW) Given Average Recommendation of “Hold” by Brokerages

Arrow Electronics, Inc. (NYSE:ARW) has been assigned an average recommendation of “Hold” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $233.25.

Several research firms have recently weighed in on ARW. Wells Fargo & Company raised their price target on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. Zacks Research cut shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Truist Financial cut their price objective on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a report on Friday, August 7th. Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Finally, Bank of America upgraded 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 report on Wednesday, May 13th.

Hedge Funds Weigh In On Arrow Electronics

Several large investors have recently modified their holdings of ARW. Keating Financial Advisory Services Inc. purchased a new stake in Arrow Electronics in the 2nd quarter valued at about $28,000. Fiduciary Financial Advisors purchased a new position in Arrow Electronics during the second quarter worth about $33,000. Jones Financial Companies Lllp acquired a new stake in shares of Arrow Electronics during the second quarter valued at about $37,000. Bayban purchased a new stake in shares of Arrow Electronics in the 1st quarter valued at approximately $26,000. Finally, BOK Financial Private Wealth Inc. purchased a new stake in shares of Arrow Electronics in the 2nd quarter valued at approximately $47,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Arrow Electronics Stock Down 4.3%

ARW opened at $201.87 on Tuesday. The company has a fifty day moving average of $212.75 and a two-hundred day moving average of $187.65. The stock has a market capitalization of $10.28 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 0.32 and a beta of 1.20. Arrow Electronics has a fifty-two week low of $101.79 and a fifty-two week high of $237.33. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.22.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, beating analysts’ consensus estimates of $4.45 by $1.00. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The business had revenue of $9.99 billion during the quarter, compared to analysts’ expectations of $9.67 billion. During the same period in the previous year, the business earned $2.43 earnings per share. The business’s revenue was up 31.8% compared to the same quarter last year. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, research analysts expect that Arrow Electronics will post 20.44 earnings per share for the current 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 outstanding shares. This repurchase authorization permits the technology company to purchase up to 9.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

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.