LSV Asset Management Sells 110,175 Shares of Arrow Electronics, Inc. $ARW

LSV Asset Management cut its position in Arrow Electronics, Inc. (NYSE:ARW) by 5.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,960,765 shares of the technology company’s stock after selling 110,175 shares during the period. LSV Asset Management’s holdings in Arrow Electronics were worth $216,037,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ARW. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Arrow Electronics by 45.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock worth $2,154,000 after purchasing an additional 6,523 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Arrow Electronics by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock worth $20,763,000 after purchasing an additional 14,886 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Arrow Electronics by 68.1% in the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after purchasing an additional 143 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Arrow Electronics in the second quarter worth about $492,000. Finally, Walleye Capital LLC bought a new position in Arrow Electronics in the second quarter worth about $475,000. 99.34% of the stock is currently owned by institutional investors.

Arrow Electronics Price Performance

Shares of ARW stock opened at $217.55 on Friday. Arrow Electronics, Inc. has a fifty-two week low of $101.79 and a fifty-two week high of $219.01. The firm has a market capitalization of $11.12 billion, a price-to-earnings ratio of 15.56 and a beta of 1.16. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.02 and a current ratio of 1.24. The stock’s 50-day simple moving average is $171.09 and its 200-day simple moving average is $140.46.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The business had revenue of $9.47 billion for the quarter, compared to analyst estimates of $8.39 billion. During the same quarter in the previous year, the firm earned $1.80 earnings per share. The company’s 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. As a group, equities analysts forecast that Arrow Electronics, Inc. will post 17.97 earnings per share for the current fiscal year.

Arrow Electronics announced that its Board of Directors has approved a stock repurchase plan on Wednesday, May 13th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the technology company to purchase up to 9.7% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

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 dated Friday, May 22nd. The stock was sold at an average price of $216.00, for a total transaction of $648,000.00. Following the sale, the senior vice president owned 12,626 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Eric Nowak sold 3,473 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total value of $732,768.27. Following the sale, the insider owned 48,835 shares in the company, valued at $10,303,696.65. The trade was 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 insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Truist Financial boosted their target price on shares of Arrow Electronics from $183.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Raymond James Financial reiterated an “outperform” rating and issued a $220.00 target price on shares of Arrow Electronics in a report on Friday, May 8th. Wells Fargo & Company boosted their target price on shares of Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a report on Friday, May 8th. Finally, Bank of America upgraded shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Arrow Electronics has a consensus rating of “Moderate Buy” and an average price target of $214.50.

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.