Assenagon Asset Management S.A. increased its stake in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 307.9% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 220,920 shares of the technology company's stock after purchasing an additional 166,762 shares during the period. Assenagon Asset Management S.A. owned 0.43% of Arrow Electronics worth $47,147,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. ACR Alpine Capital Research LLC increased its position in shares of Arrow Electronics by 42.6% during the fourth quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company's stock valued at $379,635,000 after buying an additional 1,028,778 shares during the period. AQR Capital Management LLC boosted its position in shares of Arrow Electronics by 37.7% in the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company's stock valued at $384,818,000 after acquiring an additional 871,585 shares during the period. Brandes Investment Partners LP boosted its position in shares of Arrow Electronics by 1,412.3% in the fourth quarter. Brandes Investment Partners LP now owns 409,461 shares of the technology company's stock valued at $45,115,000 after acquiring an additional 382,385 shares during the period. FIL Ltd grew its stake in Arrow Electronics by 33.8% during the fourth quarter. FIL Ltd now owns 1,231,833 shares of the technology company's stock valued at $135,723,000 after acquiring an additional 310,936 shares in the last quarter. Finally, Alyeska Investment Group L.P. purchased a new position in Arrow Electronics during the fourth quarter valued at approximately $29,255,000. Hedge funds and other institutional investors own 99.34% of the company's stock.
Insider Activity at Arrow Electronics
In other Arrow Electronics news, insider Eric Nowak sold 3,473 shares of Arrow Electronics stock in a transaction that occurred on 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 of the company's stock, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction that occurred 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 directly owned 12,626 shares of the company's stock, valued at $2,727,216. This represents a 19.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.80% of the company's stock.
Arrow Electronics Stock Down 8.4%
Shares of NYSE ARW opened at $203.51 on Friday. The firm's fifty day moving average is $215.78 and its 200 day moving average is $180.65. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week 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 company has a market cap of $10.41 billion, a price-to-earnings ratio of 13.00 and a beta of 1.20.
Arrow Electronics (NYSE:ARW - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) 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 13.63%. The business had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. During the same quarter last year, the firm earned $2.43 EPS. The company's revenue was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, equities research analysts expect that Arrow Electronics, Inc. will post 19.15 earnings per share for the current year.
Arrow Electronics declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.
Key Arrow Electronics News
Here are the key news stories impacting Arrow Electronics this week:
- Positive Sentiment: Second-quarter results exceeded expectations: Arrow reported adjusted EPS of $5.45 versus the $4.45 consensus estimate, while revenue rose 31.8% year over year to $9.99 billion, above forecasts. Arrow Electronics Q2 Earnings Beat Estimates, Revenues Rise Y/Y
- Positive Sentiment: Demand and backlog trends remain encouraging: Management cited broadening demand in Global Components, including AI, aerospace and industrial markets. Book-to-bill remained above 1, with backlog extending into the first half of 2027. Arrow Q2 Earnings Call Signals More Runway in Components
- Positive Sentiment: Capital allocation and analyst support provided offsets: A new share-repurchase plan, lower debt and margin-expansion commentary support the investment case. Truist maintained a Buy rating with a $250 price target, implying meaningful potential upside from recent trading levels. Truist raises Arrow Electronics price target
- Neutral Sentiment: Leadership change: Arrow appointed Deidra C. Merriwether as president and chief operating officer. The change could support execution, but investors may await more details on her priorities and expected impact. Arrow Electronics Appoints Deidra C. Merriwether
- Negative Sentiment: Third-quarter guidance implies sequential earnings moderation: Arrow forecast non-GAAP EPS of $4.83–$5.03 and revenue of $9.6–$10.2 billion. Although above consensus, the EPS outlook is below the latest quarter’s result, and investors appeared to expect a larger upgrade after the stock’s strong run.
- Negative Sentiment: Margin concerns persist: Partner restructuring charges continued to weigh on Enterprise Computing Solutions, while management acknowledged remaining pressure in parts of the business.
- Negative Sentiment: Insider selling may have added pressure: Quiver Quantitative reported 14 insider sales and no purchases during the past six months. Institutional positioning was mixed, with several large funds reducing their holdings.
Analyst Ratings Changes
Several research firms recently issued reports on ARW. Raymond James Financial reissued an "outperform" rating and set a $250.00 price objective on shares of Arrow Electronics in a research note on Friday. Truist Financial cut their price objective on Arrow Electronics from $260.00 to $250.00 and set a "buy" rating for the company in a report on Friday. Zacks Research cut shares of Arrow Electronics from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 3rd. Bank of America raised shares of Arrow Electronics from an "underperform" rating to a "neutral" rating and raised their target price for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Finally, Wells Fargo & Company lifted their price objective on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an "underweight" rating in a report on Friday. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $233.25.
Get Our Latest Stock Analysis on ARW
About Arrow Electronics
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding ARW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arrow Electronics, Inc. (NYSE:ARW - Free Report).
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