Arrow Electronics, Inc. (NYSE:ARW) Given Consensus Rating of "Reduce" by Brokerages

Key Points

• Arrow Electronics, Inc. has received an average consensus rating of "Reduce" from five brokerages, with two analysts recommending a sell and one a buy.
• CEO Sean J. Kerins purchased 8,630 shares of Arrow stock at around $114.91 per share, increasing his ownership stake by 7.58%.
• For the most recent quarter, Arrow reported $2.43 EPS, exceeding expectations, with revenue rising by 10% to $7.58 billion compared to the same quarter last year.

Shares of Arrow Electronics, Inc. (NYSE:ARW - Get Free Report) have been given an average recommendation of "Reduce" by the five brokerages that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $115.75.

Several brokerages have weighed in on ARW. Bank of America lifted their price objective on Arrow Electronics from $105.00 to $110.00 and gave the company an "underperform" rating in a report on Monday, June 9th. Wall Street Zen upgraded Arrow Electronics from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Arrow Electronics in a research note on Saturday, September 27th.

Insider Buying and Selling

In other news, CEO Sean J. Kerins acquired 8,630 shares of the stock in a transaction on Friday, August 1st. The stock was acquired at an average cost of $114.91 per share, for a total transaction of $991,673.30. Following the completion of the transaction, the chief executive officer directly owned 122,408 shares in the company, valued at approximately $14,065,903.28. This trade represents a 7.58% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Arrow Electronics

Hedge funds and other institutional investors have recently modified their holdings of the business. Geneos Wealth Management Inc. lifted its holdings in shares of Arrow Electronics by 25.2% in the second quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company's stock worth $56,000 after acquiring an additional 89 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Arrow Electronics by 12.3% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 821 shares of the technology company's stock worth $105,000 after buying an additional 90 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Arrow Electronics by 84.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company's stock valued at $28,000 after acquiring an additional 101 shares in the last quarter. Meritage Portfolio Management boosted its holdings in shares of Arrow Electronics by 4.3% during the 2nd quarter. Meritage Portfolio Management now owns 2,440 shares of the technology company's stock valued at $311,000 after acquiring an additional 101 shares in the last quarter. Finally, Beverly Hills Private Wealth LLC raised its position in Arrow Electronics by 4.2% in the first quarter. Beverly Hills Private Wealth LLC now owns 2,643 shares of the technology company's stock valued at $274,000 after purchasing an additional 106 shares during the last quarter. Institutional investors own 99.34% of the company's stock.

Arrow Electronics Stock Performance

Shares of ARW traded down $0.74 during midday trading on Friday, reaching $121.71. 491,142 shares of the stock were exchanged, compared to its average volume of 536,703. Arrow Electronics has a twelve month low of $86.50 and a twelve month high of $137.80. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37. The company has a market cap of $6.27 billion, a P/E ratio of 13.77, a PEG ratio of 0.58 and a beta of 1.09. The stock's 50 day simple moving average is $123.80 and its 200 day simple moving average is $119.25.

Arrow Electronics (NYSE:ARW - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 EPS for the quarter, topping analysts' consensus estimates of $2.03 by $0.40. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The business had revenue of $7.58 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period last year, the firm earned $2.78 earnings per share. Arrow Electronics's revenue for the quarter was up 10.0% compared to the same quarter last year. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. On average, sell-side analysts expect that Arrow Electronics will post 10.57 earnings per share for the current year.

Arrow Electronics Company Profile

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.

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