5,202 Shares of Arrow Electronics, Inc. $ARW Purchased by Asset Management One Co. Ltd.

Key Points

• Asset Management One purchased 5,202 shares of Arrow Electronics worth approximately $1.18 million during the third quarter. Institutional investors and hedge funds own 99.34% of the company.
• Arrow Electronics reported strong quarterly results, with earnings of $5.45 per share and revenue of $9.99 billion, up 31.8% year over year and ahead of analyst expectations.
• Analyst sentiment is mixed, with the stock carrying an overall “Hold” rating and an average price target of $233.25. Shares recently opened at $203.09, while an Arrow senior vice president sold 1,000 shares at $209.85.

Asset Management One Co. Ltd. purchased a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 5,202 shares of the technology company's stock, valued at approximately $1,181,000.

Other large investors have also recently added to or reduced their stakes in the company. SYM FINANCIAL Corp grew its stake in shares of Arrow Electronics by 11.5% in the third quarter. SYM FINANCIAL Corp now owns 1,594 shares of the technology company's stock worth $362,000 after acquiring an additional 165 shares in the last quarter. WESPAC Advisors LLC raised its position in Arrow Electronics by 33.9% in the 3rd quarter. WESPAC Advisors LLC now owns 1,652 shares of the technology company's stock valued at $375,000 after purchasing an additional 418 shares in the last quarter. Apollon Wealth Management LLC acquired a new stake in Arrow Electronics in the 3rd quarter valued at about $316,000. Sigma Planning Corp boosted its stake in shares of Arrow Electronics by 129.1% in the 3rd quarter. Sigma Planning Corp now owns 7,127 shares of the technology company's stock valued at $1,618,000 after buying an additional 4,016 shares during the period. Finally, Signaturefd LLC boosted its stake in shares of Arrow Electronics by 5.0% in the 3rd quarter. Signaturefd LLC now owns 2,606 shares of the technology company's stock valued at $592,000 after buying an additional 125 shares during the period. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Carine Jean-Claude sold 1,000 shares of the stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total transaction of $209,850.00. Following the completion of the sale, the senior vice president owned 11,626 shares in the company, valued at $2,439,716.10. This represents a 7.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.80% of the stock is currently owned by corporate insiders.

Arrow Electronics Stock Performance

Shares of Arrow Electronics stock opened at $203.09 on Tuesday. The firm has a market capitalization of $10.34 billion, a P/E ratio of 12.76, a P/E/G ratio of 0.33 and a beta of 1.16. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $249.43. 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 firm's 50 day moving average is $218.92 and its two-hundred day moving average is $190.80.

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

Analyst Ratings Changes

A number of brokerages have recently commented on ARW. Wells Fargo & Company boosted their price objective on Arrow Electronics from $175.00 to $200.00 and gave the stock an "underweight" rating in a research report on Friday, August 7th. Zacks Research cut shares of Arrow Electronics from a "strong-buy" rating to a "hold" rating in a report on Monday, October 26th. Raymond James Financial reiterated an "outperform" rating and issued a $250.00 price target on shares of Arrow Electronics in a research note on Friday, August 7th. Wall Street Zen cut shares of Arrow Electronics from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 19th. Finally, Weiss Ratings upgraded shares of Arrow Electronics from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, October 8th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $233.25.

About Arrow Electronics

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing solutions. The company connects manufacturers of technology products with customers, including original equipment manufacturers, contract manufacturers, commercial enterprises and government organizations.

Arrow's components business distributes products such as semiconductors, embedded systems, passive and electromechanical components, and related engineering services. Its enterprise computing solutions business provides technology products and services involving data center, cloud, security, networking and software solutions.

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.