Cambridge Investment Research Advisors Inc. Purchases 2,454 Shares of Arrow Electronics, Inc. $ARW

Cambridge Investment Research Advisors Inc. raised its position in Arrow Electronics, Inc. (NYSE:ARW) by 64.7% during the second quarter, HoldingsChannel.com reports. The firm owned 6,247 shares of the technology company’s stock after purchasing an additional 2,454 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Arrow Electronics were worth $1,333,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Bayban purchased a new position in shares of Arrow Electronics during the first quarter valued at approximately $26,000. Transamerica Financial Advisors LLC bought a new stake in shares of Arrow Electronics during the 4th quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Arrow Electronics by 112.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock valued at $27,000 after acquiring an additional 131 shares during the period. Evergreen Advisors LLC bought a new position in Arrow Electronics in the 1st quarter valued at $36,000. Finally, Advisory Services Network LLC bought a new stake in shares of Arrow Electronics during the third quarter worth $31,000. Institutional investors own 99.34% of the company’s stock.

Arrow Electronics Price Performance

Shares of ARW stock opened at $209.08 on Friday. Arrow Electronics, Inc. has a twelve month low of $101.79 and a twelve month high of $237.33. The stock has a market capitalization of $10.64 billion, a price-to-earnings ratio of 13.36, a P/E/G ratio of 0.32 and a beta of 1.20. The stock has a fifty day simple moving average of $214.33 and a two-hundred day simple moving average of $183.63. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, beating the consensus estimate of $4.45 by $1.00. The firm had revenue of $9.99 billion for the quarter, compared to analyst estimates 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 for the quarter was up 31.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, analysts predict that Arrow Electronics, Inc. will post 20.44 EPS for the current fiscal year.

Arrow Electronics announced that its board has authorized a share repurchase program on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the technology company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Raymond James Financial reaffirmed an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a research note on Friday, August 7th. Wall Street Zen upgraded shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. 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. Finally, Truist Financial dropped 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 note on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Arrow Electronics currently has an average rating of “Hold” and an average price target of $233.25.

Insider Transactions at Arrow Electronics

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $216.00, for a total transaction of $648,000.00. Following the transaction, the senior vice president owned 12,626 shares of the company’s stock, valued at approximately $2,727,216. This trade represents a 19.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Eric Nowak sold 3,473 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total transaction of $732,768.27. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.80% of the company’s stock.

Arrow Electronics 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.