Arrow Electronics (NYSE:ARW) Price Target Lowered to $250.00 at Truist Financial

Key Points

• Truist Financial lowered Arrow Electronics’ price target from $260 to $250 while maintaining a “buy” rating, implying about 12.16% upside. Across analysts, the stock carries an average “hold” rating and a consensus price target of $219.50.
• Arrow exceeded second-quarter expectations: EPS was $5.45 versus the $4.45 consensus, while revenue rose 31.8% year over year to $9.99 billion. Third-quarter EPS guidance of $4.83–$5.03 also topped analysts’ expectations.
• The company authorized a $1 billion share buyback, allowing repurchases of up to 9.7% of outstanding shares. Institutional investors own 99.34% of Arrow’s stock, while insider ownership is 0.80%.

Arrow Electronics (NYSE:ARW - Get Free Report) had its price target lowered by investment analysts at Truist Financial from $260.00 to $250.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a "buy" rating on the technology company's stock. Truist Financial's price target would indicate a potential upside of 12.16% from the stock's current price.

A number of other research firms also recently weighed in on ARW. Raymond James Financial reaffirmed an "outperform" rating and set a $220.00 price target on shares of Arrow Electronics in a research note on Friday, May 8th. Wells Fargo & Company boosted their price target on Arrow Electronics from $165.00 to $175.00 and gave the stock an "underweight" rating in a research report on Monday, July 20th. Zacks Research cut Arrow Electronics from a "strong-buy" rating to a "hold" rating in a research report on Monday. Weiss Ratings reiterated a "buy (b-)" rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. Finally, Bank of America upgraded Arrow Electronics from an "underperform" rating to a "neutral" rating and lifted their price objective for the stock from $122.00 to $233.00 in a research note on Wednesday, May 13th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $219.50.

Arrow Electronics Stock Performance

Shares of Arrow Electronics stock opened at $222.89 on Friday. The stock has a market cap of $11.40 billion, a PE ratio of 15.94 and a beta of 1.20. Arrow Electronics has a 12 month low of $101.79 and a 12 month high of $237.33. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35. The business has a fifty day simple moving average of $215.99 and a 200-day simple moving average of $180.49.

Arrow Electronics (NYSE:ARW - Get Free Report) last released its earnings results 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 company had revenue of $9.99 billion for the quarter, compared to analysts' expectations of $9.67 billion. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The business's revenue for the quarter was up 31.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.43 EPS. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, sell-side analysts anticipate that Arrow Electronics will post 19.15 EPS for the current fiscal year.

Arrow Electronics declared that its Board of Directors has initiated a share buyback program on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the technology company to purchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its stock is undervalued.

Insiders Place Their Bets

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of Arrow Electronics stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the transaction, 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Eric Nowak sold 3,473 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the sale, the insider directly owned 48,835 shares in the company, valued at approximately $10,303,696.65. This represents 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 company insiders.

Institutional Trading of Arrow Electronics

A number of institutional investors have recently bought and sold shares of the business. Private Advisor Group LLC raised its position in shares of Arrow Electronics by 2.6% in the first quarter. Private Advisor Group LLC now owns 3,054 shares of the technology company's stock valued at $438,000 after purchasing an additional 78 shares during the period. Root Financial Partners LLC increased its holdings in Arrow Electronics by 38.9% during the 1st quarter. Root Financial Partners LLC now owns 282 shares of the technology company's stock worth $40,000 after acquiring an additional 79 shares during the period. Krilogy Financial LLC boosted its holdings in Arrow Electronics by 3.2% in the 1st quarter. Krilogy Financial LLC now owns 2,543 shares of the technology company's stock valued at $365,000 after purchasing an additional 80 shares during the period. Gateway Investment Advisers LLC grew its position in shares of Arrow Electronics by 3.8% during the 4th quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company's stock valued at $251,000 after purchasing an additional 84 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its position in shares of Arrow Electronics by 0.8% in the second quarter. Oregon Public Employees Retirement Fund now owns 10,567 shares of the technology company's stock worth $2,255,000 after buying an additional 84 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company's stock.

Trending Headlines about Arrow Electronics

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Arrow reported adjusted earnings of $5.45 per share, versus the $4.45 analyst consensus, while revenue reached $9.99 billion, ahead of the $9.67 billion estimate. EPS more than doubled from $2.43 a year earlier, and revenue increased 31.8% year over year. Arrow Electronics Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Third-quarter guidance was above Wall Street expectations. Arrow forecast EPS of $4.83 to $5.03, compared with consensus of $4.50, and revenue of $9.6 billion to $10.2 billion, versus an estimate of $9.5 billion. The outlook suggests management expects continued demand and profitability strength. Arrow Electronics Quarterly Earnings Report
• Positive Sentiment: Improved operating performance supports the investment case. The quarter included a 11.40% return on equity and a 2.17% net margin, while the earnings improvement indicates stronger execution compared with last year. Investors may view the results as evidence that Arrow is benefiting from favorable technology distribution trends. Key Metrics From Arrow Electronics Q2 Earnings
• Neutral Sentiment: Arrow appointed Deidra C. Merriwether as president and chief operating officer. The leadership change could support execution, although the articles provided no specific financial impact. Arrow Electronics Appoints Deidra C. Merriwether

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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