Empowered Funds LLC Has $5.30 Million Stock Position in Arrow Electronics, Inc. $ARW

Empowered Funds LLC increased its stake in Arrow Electronics, Inc. (NYSE:ARW) by 306.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 36,928 shares of the technology company’s stock after purchasing an additional 27,851 shares during the period. Empowered Funds LLC’s holdings in Arrow Electronics were worth $5,296,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ARW. Quantinno Capital Management LP lifted its holdings in shares of Arrow Electronics by 287.7% during the 1st quarter. Quantinno Capital Management LP now owns 309,430 shares of the technology company’s stock worth $44,375,000 after acquiring an additional 229,612 shares during the period. Copley Financial Group Inc. lifted its holdings in shares of Arrow Electronics by 24.7% during the first quarter. Copley Financial Group Inc. now owns 2,680 shares of the technology company’s stock worth $384,000 after purchasing an additional 530 shares during the period. Lazard Asset Management LLC lifted its holdings in Arrow Electronics by 11.8% during the 1st quarter. Lazard Asset Management LLC now owns 27,270 shares of the technology company’s stock worth $3,911,000 after buying an additional 2,870 shares during the period. Renaissance Technologies LLC boosted its holdings in Arrow Electronics by 3.6% in the first quarter. Renaissance Technologies LLC now owns 168,957 shares of the technology company’s stock valued at $24,230,000 after acquiring an additional 5,857 shares during the last quarter. Finally, Compound Planning Inc. bought a new stake in shares of Arrow Electronics in the 1st quarter valued at $223,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Raymond James Financial reissued an “outperform” rating and set a $220.00 target price on shares of Arrow Electronics in a research note on Friday, May 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Truist Financial lifted their price objective on Arrow Electronics from $240.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Finally, Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Arrow Electronics currently has a consensus rating of “Moderate Buy” and a consensus price target of $222.00.

Insiders Place Their Bets

In related news, insider Eric Nowak sold 3,473 shares of the 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 of the company’s stock, valued at approximately $10,303,696.65. This represents a 6.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the firm’s 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 completion of the transaction, the senior vice president owned 12,626 shares of the company’s stock, valued at approximately $2,727,216. This represents a 19.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.80% of the company’s stock.

Arrow Electronics Stock Up 2.2%

Arrow Electronics stock opened at $217.46 on Friday. The firm has a 50 day simple moving average of $215.58 and a 200 day simple moving average of $177.05. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. Arrow Electronics, Inc. has a 1-year low of $101.79 and a 1-year high of $237.33. The firm has a market capitalization of $11.12 billion, a price-to-earnings ratio of 15.55 and a beta of 1.20.

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

Arrow Electronics declared that its board has approved a share 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 purchase up to 9.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are 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.