Polaris Capital Management LLC Trims Position in Arrow Electronics, Inc. $ARW

Polaris Capital Management LLC reduced its stake in Arrow Electronics, Inc. (NYSE:ARW) by 31.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 195,700 shares of the technology company’s stock after selling 90,903 shares during the period. Arrow Electronics comprises 3.9% of Polaris Capital Management LLC’s investment portfolio, making the stock its 6th largest position. Polaris Capital Management LLC’s holdings in Arrow Electronics were worth $41,764,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in shares of Arrow Electronics by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 6,122,857 shares of the technology company’s stock worth $674,616,000 after purchasing an additional 37,417 shares during the last quarter. ACR Alpine Capital Research LLC raised its holdings in Arrow Electronics by 3.9% during the 1st quarter. ACR Alpine Capital Research LLC now owns 3,578,313 shares of the technology company’s stock valued at $513,166,000 after buying an additional 132,720 shares during the last quarter. AQR Capital Management LLC boosted its position 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 valued at $384,818,000 after buying an additional 871,585 shares during the period. Dimensional Fund Advisors LP boosted its position in Arrow Electronics by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,007,509 shares of the technology company’s stock valued at $431,280,000 after buying an additional 11,894 shares during the period. Finally, FIL Ltd grew its holdings in Arrow Electronics by 33.8% in the 4th quarter. FIL Ltd now owns 1,231,833 shares of the technology company’s stock worth $135,723,000 after acquiring an additional 310,936 shares during the last quarter. Institutional investors own 99.34% of the company’s stock.

Arrow Electronics Stock Performance

Shares of ARW stock opened at $209.08 on Friday. The company’s fifty day moving average price is $214.33 and its 200-day moving average price is $183.63. The stock has a market cap of $10.64 billion, a PE ratio of 13.36, a price-to-earnings-growth ratio of 0.32 and a beta of 1.20. 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, Inc. has a 12 month low of $101.79 and a 12 month high of $237.33.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The company had revenue of $9.99 billion during the quarter, compared to analyst estimates of $9.67 billion. During the same period last year, the business earned $2.43 EPS. Arrow Electronics’s quarterly revenue was up 31.8% compared to the same quarter last year. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, equities analysts expect that Arrow Electronics, Inc. will post 20.44 EPS for the current fiscal year.

Arrow Electronics declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

ARW has been the topic of a number of analyst reports. Truist Financial decreased their price objective 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. Raymond James Financial reissued an “outperform” rating and issued a $250.00 target price on shares of Arrow Electronics in a research note on Friday, August 7th. Zacks Research downgraded Arrow Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their price target for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $233.25.

Insider Transactions at Arrow Electronics

In other news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the sale, the senior vice president directly 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Eric Nowak sold 3,473 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total value of $732,768.27. Following the transaction, the insider directly owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. This trade represents a 6.64% 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.

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.