UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 4,874 Shares of Arrow Electronics, Inc. $ARW

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in Arrow Electronics, Inc. (NYSE:ARW) by 2.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 171,556 shares of the technology company’s stock after selling 4,874 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Arrow Electronics were worth $36,612,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Keating Financial Advisory Services Inc. bought a new stake in shares of Arrow Electronics during the second quarter valued at approximately $28,000. Fiduciary Financial Advisors bought a new stake in shares of Arrow Electronics during the 2nd quarter valued at $33,000. Jones Financial Companies Lllp purchased a new stake in shares of Arrow Electronics in the 2nd quarter worth about $37,000. Bayban purchased a new stake in shares of Arrow Electronics in the 1st quarter worth about $26,000. Finally, BOK Financial Private Wealth Inc. bought a new position in shares of Arrow Electronics in the 2nd quarter worth about $47,000. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Bank of America upgraded shares of 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 report on Wednesday, May 13th. Raymond James Financial restated an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a research note on Friday, August 7th. Wells Fargo & Company lifted their price objective on Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a research note on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $233.25.

Arrow Electronics Stock Performance

Shares of NYSE ARW opened at $211.01 on Friday. The firm’s 50-day moving average price is $209.09 and its 200-day moving average price is $190.68. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. The company has a market cap of $10.74 billion, a PE ratio of 13.48, a PEG ratio of 0.31 and a beta of 1.19. Arrow Electronics, Inc. has a 52-week low of $101.79 and a 52-week high of $237.33.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating the consensus estimate of $4.45 by $1.00. The firm had revenue of $9.99 billion during the quarter, compared to analysts’ expectations of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The firm’s quarterly revenue was up 31.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, analysts anticipate that Arrow Electronics, Inc. will post 21.24 EPS for the current year.

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

Arrow Electronics Company 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.