Global Retirement Partners LLC Makes New $633,000 Investment in Arrow Electronics, Inc. $ARW

Global Retirement Partners LLC bought a new position in shares of Arrow Electronics, Inc. (NYSE:ARW) during the 2nd quarter, Holdings Channel.com reports. The fund bought 2,966 shares of the technology company’s stock, valued at approximately $633,000.

Several other institutional investors have also made changes to their positions in ARW. Private Advisor Group LLC lifted its position in shares of Arrow Electronics by 2.6% during the 1st quarter. Private Advisor Group LLC now owns 3,054 shares of the technology company’s stock valued at $438,000 after acquiring an additional 78 shares during the period. Root Financial Partners LLC raised its stake in Arrow Electronics by 38.9% in the first quarter. Root Financial Partners LLC now owns 282 shares of the technology company’s stock valued at $40,000 after purchasing an additional 79 shares in the last quarter. Krilogy Financial LLC lifted its position in Arrow Electronics by 3.2% during the first quarter. Krilogy Financial LLC now owns 2,543 shares of the technology company’s stock worth $365,000 after purchasing an additional 80 shares during the period. Gateway Investment Advisers LLC grew its stake in Arrow Electronics by 3.8% during the fourth quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company’s stock worth $251,000 after buying an additional 84 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its holdings in Arrow Electronics by 0.8% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 10,567 shares of the technology company’s stock valued at $2,255,000 after buying an additional 84 shares during the period. 99.34% of the stock is currently owned by institutional investors.

Insider Activity at Arrow Electronics

In other Arrow Electronics 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 transaction, the senior vice president directly owned 12,626 shares of the company’s stock, valued at approximately $2,727,216. The trade was a 19.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.80% of the stock is currently owned by insiders.

Arrow Electronics Stock Down 3.2%

Shares of NYSE:ARW opened at $213.26 on Wednesday. The firm has a market cap of $10.86 billion, a P/E ratio of 13.63, a P/E/G ratio of 0.33 and a beta of 1.20. Arrow Electronics, Inc. has a 12-month low of $101.79 and a 12-month high of $237.33. The business has a fifty day simple moving average of $214.12 and a 200 day simple moving average of $185.60. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29.

Arrow Electronics (NYSE:ARW) last released its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating analysts’ consensus estimates of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The business had revenue of $9.99 billion during the quarter, compared to the consensus estimate of $9.67 billion. During the same quarter in the prior year, the firm posted $2.43 EPS. The company’s revenue for the quarter 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. Analysts predict that Arrow Electronics, Inc. will post 20.44 earnings per share for the current year.

Arrow Electronics declared that its Board of Directors has initiated a stock repurchase program on Wednesday, May 13th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to buy up to 9.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

ARW has been the topic of a number of recent analyst reports. Raymond James Financial reissued an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a research note on Friday, August 7th. Zacks Research cut Arrow Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Truist Financial reduced their price objective on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and lifted their target price for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Finally, Wells Fargo & Company increased their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. 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’s stock. According to data from MarketBeat, Arrow Electronics has a consensus rating of “Hold” and a consensus price target of $233.25.

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.