Empowered Funds LLC Makes New $20.92 Million Investment in Arrow Electronics, Inc. $ARW

Empowered Funds LLC purchased a new position in shares of Arrow Electronics, Inc. (NYSE:ARW) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 98,014 shares of the technology company’s stock, valued at approximately $20,917,000. Empowered Funds LLC owned 0.19% of Arrow Electronics as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of ARW. BlackRock Inc. bought a new stake in shares of Arrow Electronics in the 2nd quarter valued at about $1,070,534,000. Bank of America Corp DE bought a new stake in Arrow Electronics in the second quarter valued at approximately $270,981,000. ACR Alpine Capital Research LLC raised its holdings in Arrow Electronics by 42.6% during the 4th quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock worth $379,635,000 after purchasing an additional 1,028,778 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Arrow Electronics by 37.7% in 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 period. Finally, Brandes Investment Partners LP increased its position in shares of Arrow Electronics by 1,412.3% during the fourth quarter. Brandes Investment Partners LP now owns 409,461 shares of the technology company’s stock worth $45,115,000 after buying an additional 382,385 shares during the period. 99.34% of the stock is owned by institutional investors.

Arrow Electronics Stock Up 0.9%

Shares of NYSE ARW opened at $208.88 on Friday. The business has a 50-day simple moving average of $211.36 and a two-hundred day simple moving average of $188.92. 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, Inc. has a 52 week low of $101.79 and a 52 week high of $237.33. The company has a market cap of $10.63 billion, a P/E ratio of 13.35, a P/E/G ratio of 0.32 and a beta of 1.20.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 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 firm had revenue of $9.99 billion for the quarter, compared to the consensus estimate of $9.67 billion. During the same period last year, the firm posted $2.43 earnings per share. The business’s 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. Research analysts anticipate that Arrow Electronics, Inc. will post 20.44 earnings per share for the current fiscal year.

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

Analyst Ratings Changes

Several research firms recently commented on ARW. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $122.00 to $233.00 in a research note on Wednesday, May 13th. Zacks Research downgraded shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. 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. Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a research note on Friday, August 21st. Finally, Wells Fargo & Company upped their price target on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Arrow Electronics presently has a consensus rating of “Hold” and an average target price 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.