Arrow Electronics (NYSE:ARW) Hits New 1-Year High – What’s Next?

Arrow Electronics, Inc. (NYSE:ARW)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $236.57 and last traded at $234.73, with a volume of 52563 shares changing hands. The stock had previously closed at $232.70.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on ARW shares. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Truist Financial increased their target price on shares of Arrow Electronics from $240.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Wells Fargo & Company raised their target price on shares of Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Friday, May 8th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $220.00 price target on shares of Arrow Electronics in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $219.50.

Arrow Electronics Trading Down 3.9%

The company has a market cap of $11.54 billion, a P/E ratio of 16.15 and a beta of 1.19. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average price of $205.98 and a 200-day moving average price of $158.52.

Arrow Electronics (NYSE:ARW) last released its earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share for the quarter, beating the consensus estimate of $2.92 by $2.30. The business had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $8.39 billion. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The firm’s revenue was up 39.0% on a year-over-year basis. During the same period last year, the business earned $1.80 earnings per share. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Analysts forecast that Arrow Electronics, Inc. will post 19.15 earnings per share for the current fiscal year.

Arrow Electronics declared that its board has authorized a stock repurchase program on Wednesday, May 13th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the technology company to purchase up to 9.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at Arrow Electronics

In related news, insider Eric Nowak sold 3,473 shares of the firm’s stock in a transaction dated 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 sale, 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of Arrow Electronics stock in a transaction dated 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 owned 12,626 shares of the company’s stock, valued at $2,727,216. The trade was a 19.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. ACR Alpine Capital Research LLC grew its position in shares of Arrow Electronics by 42.6% in the fourth quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock valued at $379,635,000 after purchasing an additional 1,028,778 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Arrow Electronics by 37.7% during the 3rd quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock worth $384,818,000 after purchasing an additional 871,585 shares during the last quarter. Brandes Investment Partners LP lifted its holdings in Arrow Electronics by 1,412.3% during the 4th quarter. Brandes Investment Partners LP now owns 409,461 shares of the technology company’s stock worth $45,115,000 after purchasing an additional 382,385 shares during the last quarter. FIL Ltd boosted its stake in Arrow Electronics by 33.8% in the 4th quarter. FIL Ltd now owns 1,231,833 shares of the technology company’s stock valued at $135,723,000 after purchasing an additional 310,936 shares during the period. Finally, Alyeska Investment Group L.P. acquired a new position in Arrow Electronics in the 4th quarter valued at $29,255,000. 99.34% of the stock is owned by institutional investors and hedge funds.

Arrow Electronics Company 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.