Arrow Electronics (NYSE:ARW) Stock Rating Upgraded by Zacks Research

Arrow Electronics (NYSE:ARW) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Tuesday, Zacks reports. Zacks Research also issued estimates for Arrow Electronics’ Q3 2026 earnings at $5.01 EPS, Q4 2026 earnings at $4.74 EPS, FY2026 earnings at $20.41 EPS, Q1 2027 earnings at $4.73 EPS, Q3 2027 earnings at $5.05 EPS, Q4 2027 earnings at $5.26 EPS, FY2027 earnings at $20.08 EPS, Q1 2028 earnings at $3.92 EPS, Q2 2028 earnings at $5.19 EPS and FY2028 earnings at $19.28 EPS.

A number of other analysts have also commented on the company. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Truist Financial decreased their target price on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a research note on Friday, August 21st. Finally, Wells Fargo & Company increased their price target 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. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $233.25.

Arrow Electronics Trading Up 1.0%

Shares of ARW stock opened at $208.10 on Tuesday. Arrow Electronics has a 52-week low of $101.79 and a 52-week high of $237.33. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.22. The company has a 50-day simple moving average of $209.45 and a two-hundred day simple moving average of $190.29. The company has a market capitalization of $10.59 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 0.30 and a beta of 1.19.

Arrow Electronics (NYSE:ARW) last posted its 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 analysts’ expectations of $9.67 billion. During the same quarter last year, the firm earned $2.43 EPS. The company’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. Research analysts anticipate that Arrow Electronics will post 21.24 EPS for the current fiscal year.

Arrow Electronics announced that its board has initiated a share buyback program on Wednesday, May 13th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the technology company to purchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. California State Teachers Retirement System raised its stake in Arrow Electronics by 20,912.3% in the 2nd quarter. California State Teachers Retirement System now owns 12,621,067 shares of the technology company’s stock valued at $2,693,462,000 after acquiring an additional 12,561,002 shares during the period. BlackRock Inc. bought a new position in Arrow Electronics during the second quarter worth about $1,070,534,000. Bank of America Corp DE bought a new position in Arrow Electronics during the second quarter worth about $270,981,000. ACR Alpine Capital Research LLC increased its stake in shares of Arrow Electronics by 42.6% in the fourth 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 in the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Arrow Electronics by 37.7% in the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock valued at $384,818,000 after purchasing an additional 871,585 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

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.