Abacus Planning Group Inc. Takes $290,000 Position in Arrow Electronics, Inc. $ARW

Key Points

• Abacus Planning Group Inc. has acquired a new position in Arrow Electronics, Inc. worth approximately $290,000 by purchasing 2,278 shares during the second quarter.
• Insider trading activity includes CEO Sean J. Kerins buying 8,630 shares for about $992,000, increasing his total ownership to 122,408 shares valued at approximately $14.1 million.
• Analysts have diverse ratings for Arrow Electronics, with an average rating of "Reduce" and a consensus price target of $115.75, indicating mixed sentiment from market watchers.

Abacus Planning Group Inc. bought a new position in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,278 shares of the technology company's stock, valued at approximately $290,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC lifted its position in shares of Arrow Electronics by 33.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,864 shares of the technology company's stock worth $1,232,000 after buying an additional 2,982 shares during the last quarter. Caxton Associates LLP purchased a new stake in Arrow Electronics in the first quarter valued at $501,000. Golden State Wealth Management LLC boosted its stake in Arrow Electronics by 111.7% in the first quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company's stock valued at $39,000 after acquiring an additional 200 shares in the last quarter. SG Americas Securities LLC acquired a new position in Arrow Electronics in the first quarter valued at $356,000. Finally, OMNI 360 Wealth Inc. purchased a new position in shares of Arrow Electronics during the second quarter worth about $263,000. 99.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Arrow Electronics

In other news, CEO Sean J. Kerins bought 8,630 shares of the stock in a transaction dated Friday, August 1st. The shares were acquired at an average price of $114.91 per share, with a total value of $991,673.30. Following the completion of the acquisition, the chief executive officer directly owned 122,408 shares in the company, valued at approximately $14,065,903.28. The trade was a 7.58% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Bank of America boosted their target price 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 raised Arrow Electronics from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Arrow Electronics in a research report on Saturday, September 27th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus price target of $115.75.

Arrow Electronics Trading Down 0.6%

Shares of ARW stock opened at $121.71 on Friday. The company has a market capitalization of $6.27 billion, a P/E ratio of 13.77, a price-to-earnings-growth ratio of 0.58 and a beta of 1.09. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. The business's 50 day moving average is $123.80 and its two-hundred day moving average is $119.25. Arrow Electronics, Inc. has a twelve month low of $86.50 and a twelve month high of $137.80.

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 the consensus estimate of $2.03 by $0.40. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The business had revenue of $7.58 billion during the quarter, compared to analysts' expectations of $7.12 billion. During the same quarter in the prior year, the business earned $2.78 earnings per share. The company's quarterly revenue 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. Equities analysts forecast that Arrow Electronics, Inc. will post 10.57 EPS for the current year.

About Arrow Electronics

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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