Steph & Co. Takes Position in Arrow Electronics, Inc. $ARW

Steph & Co. purchased a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 582 shares of the technology company’s stock, valued at approximately $74,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. ProShare Advisors LLC increased its holdings in shares of Arrow Electronics by 6.6% during the 4th quarter. ProShare Advisors LLC now owns 2,460 shares of the technology company’s stock valued at $278,000 after purchasing an additional 152 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Arrow Electronics during the 4th quarter worth about $2,351,000. Forum Financial Management LP grew its position in shares of Arrow Electronics by 8.7% during the 4th quarter. Forum Financial Management LP now owns 1,872 shares of the technology company’s stock valued at $212,000 after acquiring an additional 150 shares during the period. Mackenzie Financial Corp raised its holdings in Arrow Electronics by 247.1% in the 4th quarter. Mackenzie Financial Corp now owns 34,851 shares of the technology company’s stock worth $3,942,000 after purchasing an additional 24,811 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Arrow Electronics during the fourth quarter worth approximately $5,329,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Insider Activity

In related news, CEO Sean J. Kerins bought 8,630 shares of the business’s stock in a transaction on Friday, August 1st. The stock was acquired at an average cost of $114.91 per share, with a total value of $991,673.30. Following the purchase, the chief executive officer directly owned 122,408 shares of the company’s stock, valued at $14,065,903.28. The trade was a 7.58% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

ARW has been the subject of a number of recent analyst reports. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Bank of America boosted their price target on shares of Arrow Electronics from $105.00 to $110.00 and gave the stock an “underperform” rating in a report on Monday, June 9th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $115.75.

Arrow Electronics Price Performance

Arrow Electronics stock opened at $118.86 on Friday. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 13.45, a PEG ratio of 0.57 and a beta of 1.09. Arrow Electronics, Inc. has a 52-week low of $86.50 and a 52-week high of $137.80. The company has a fifty day simple moving average of $124.78 and a 200-day simple moving average of $118.55. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings data on Thursday, July 31st. The technology company reported $2.43 EPS for the quarter, beating analysts’ consensus estimates of $2.03 by $0.40. The company had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.12 billion. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. Arrow Electronics’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.78 EPS. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. On average, equities analysts anticipate that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Arrow Electronics Profile

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.