271,035 Arrow Electronics, Inc. $ARW Shares Sold by Envestnet Asset Management Inc.

Key Points

• Envestnet Asset Management cut its Arrow Electronics stake by 43.5%, selling 271,035 shares in the second quarter while retaining 352,359 shares valued at approximately $75.2 million. Institutional investors collectively own 99.34% of the company.
• Analysts maintain a generally positive outlook, with Arrow Electronics carrying a consensus “Moderate Buy” rating and an average price target of $233.25. Ratings range from Strong Buy to Sell.
• Arrow reported strong quarterly results, posting $5.45 in earnings per share versus the $4.45 estimate and $9.99 billion in revenue, up 31.8% year over year. Shares opened at $232.60, near the company’s 52-week high of $237.33.

Envestnet Asset Management Inc. reduced its holdings in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 43.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 352,359 shares of the technology company's stock after selling 271,035 shares during the period. Envestnet Asset Management Inc. owned about 0.69% of Arrow Electronics worth $75,197,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Keating Financial Advisory Services Inc. acquired a new position in shares of Arrow Electronics in the 2nd quarter worth approximately $28,000. Fiduciary Financial Advisors acquired a new stake in Arrow Electronics in the 2nd quarter valued at $33,000. Jones Financial Companies Lllp bought a new stake in Arrow Electronics in the second quarter valued at $37,000. Bayban bought a new stake in Arrow Electronics in the first quarter valued at $26,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in Arrow Electronics during the second quarter worth $47,000. Institutional investors own 99.34% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ARW shares. Raymond James Financial reissued an "outperform" rating and set a $250.00 price objective on shares of Arrow Electronics in a report on Friday, August 7th. Wells Fargo & Company upped their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an "underweight" rating in a report on Friday, August 7th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Arrow Electronics in a research report on Friday, August 21st. Zacks Research raised shares of Arrow Electronics from a "hold" rating to a "strong-buy" rating in a report on Tuesday, September 1st. Finally, Wall Street Zen lowered shares of Arrow Electronics from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 19th. One equities research 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 assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $233.25.

Insider Activity at Arrow Electronics

In other news, SVP Carine Jean-Claude sold 1,000 shares of the company's stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total value of $209,850.00. Following the completion of the sale, the senior vice president directly owned 11,626 shares of the company's stock, valued at $2,439,716.10. This represents a 7.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.80% of the stock is currently owned by company insiders.

Arrow Electronics Price Performance

Shares of ARW stock opened at $232.60 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $11.84 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 0.34 and a beta of 1.19. The firm's 50 day moving average is $213.69 and its 200-day moving average is $197.99. Arrow Electronics, Inc. has a 1 year low of $101.79 and a 1 year high of $237.33.

Arrow Electronics (NYSE:ARW - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The firm had revenue of $9.99 billion during the quarter, compared to analysts' expectations of $9.67 billion. During the same period in the previous year, the business posted $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. Sell-side analysts forecast that Arrow Electronics, Inc. will post 21.24 EPS for the current fiscal year.

Arrow Electronics Company Profile

Arrow Electronics, Inc is a global technology distributor that connects electronic component manufacturers with original equipment manufacturers, contract manufacturers and other commercial customers. The company supplies semiconductors, passive components, electromechanical products and related embedded technologies used in products across industries such as communications, industrial, automotive, aerospace and defense, and consumer electronics.

Through its enterprise computing solutions business, Arrow also provides information-technology products and services, including data-center and cloud solutions, software, security, storage, networking and professional services.

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