Arrow Electronics, Inc. $ARW Stock: Sigma Planning Corp Raises Position

Sigma Planning Corp increased its holdings in shares of Arrow Electronics, Inc. (NYSE:ARW) by 129.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 7,127 shares of the technology company’s stock after acquiring an additional 4,016 shares during the period. Sigma Planning Corp’s holdings in Arrow Electronics were worth $1,618,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Keating Financial Advisory Services Inc. bought a new position in Arrow Electronics in the 2nd quarter valued at $28,000. Fiduciary Financial Advisors purchased a new stake in Arrow Electronics in the second quarter worth $33,000. Jones Financial Companies Lllp bought a new stake in shares of Arrow Electronics during the second quarter worth $37,000. Bayban bought a new stake in shares of Arrow Electronics during the first quarter worth $26,000. Finally, BOK Financial Private Wealth Inc. bought a new stake in shares of Arrow Electronics during the second quarter worth $47,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Analyst Upgrades and Downgrades

ARW has been the topic of a number of research analyst reports. Raymond James Financial restated an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a report on Friday, August 7th. Weiss Ratings upgraded shares of Arrow Electronics from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Wells Fargo & Company boosted their price objective on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research report on Friday, August 7th. Zacks Research downgraded shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, Truist Financial reduced their target price on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $233.25.

Arrow Electronics Stock Up 1.1%

Arrow Electronics stock opened at $222.15 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. The firm has a market cap of $11.31 billion, a P/E ratio of 14.19, a P/E/G ratio of 0.31 and a beta of 1.16. The business has a fifty day moving average of $218.74 and a two-hundred day moving average of $189.38. Arrow Electronics, Inc. has a twelve month low of $101.79 and a twelve month high of $249.43.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.45 by $1.00. The business had revenue of $9.99 billion for the quarter, compared to the consensus estimate of $9.67 billion. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%. The business’s revenue was up 31.8% compared to the same quarter last year. During the same period last year, the business posted $2.43 EPS. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, analysts forecast that Arrow Electronics, Inc. will post 21.24 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Carine Jean-Claude sold 1,000 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total transaction of $209,850.00. Following the sale, the senior vice president owned 11,626 shares of the company’s stock, valued at $2,439,716.10. This trade represents a 7.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.80% of the stock is currently owned by insiders.

About Arrow Electronics

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing solutions. The company connects manufacturers of technology products with customers, including original equipment manufacturers, contract manufacturers, commercial enterprises and government organizations.

Arrow’s components business distributes products such as semiconductors, embedded systems, passive and electromechanical components, and related engineering services. Its enterprise computing solutions business provides technology products and services involving data center, cloud, security, networking and software solutions.