Ballentine Partners LLC Takes $264,000 Position in Arrow Electronics, Inc. $ARW

Key Points

• Ballentine Partners LLC has acquired a new position in Arrow Electronics, purchasing 2,072 shares valued at approximately $264,000.
• Arrow Electronics reported strong quarterly earnings, with $2.43 EPS surpassing analysts' estimates, and a revenue of $7.58 billion, a 10% increase from the previous year.
• CEO Sean J. Kerins increased his stake in the company by purchasing 8,630 shares at an average price of $114.91, representing a 7.58% ownership boost.

Ballentine Partners LLC bought a new position in Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The firm bought 2,072 shares of the technology company's stock, valued at approximately $264,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ARW. Farther Finance Advisors LLC grew its holdings in shares of Arrow Electronics by 84.2% in the second quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company's stock worth $28,000 after purchasing an additional 101 shares during the last quarter. Operose Advisors LLC purchased a new stake in Arrow Electronics during the 1st quarter valued at $31,000. Geneos Wealth Management Inc. grew its holdings in Arrow Electronics by 68.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company's stock worth $37,000 after acquiring an additional 143 shares during the last quarter. Golden State Wealth Management LLC grew its position in shares of Arrow Electronics by 111.7% in the 1st quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company's stock worth $39,000 after buying an additional 200 shares during the last quarter. Finally, Quarry LP boosted its stake in shares of Arrow Electronics by 321.7% during the 1st quarter. Quarry LP now owns 388 shares of the technology company's stock valued at $40,000 after purchasing an additional 296 shares in the last quarter. Institutional investors own 99.34% of the company's stock.

Arrow Electronics Trading Up 1.8%

ARW stock opened at $120.98 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37. The firm's fifty day simple moving average is $124.59 and its two-hundred day simple moving average is $118.89. Arrow Electronics, Inc. has a twelve month low of $86.50 and a twelve month high of $137.80. The stock has a market capitalization of $6.23 billion, a price-to-earnings ratio of 13.68, a price-to-earnings-growth ratio of 0.57 and a beta of 1.09.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The technology company reported $2.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.03 by $0.40. The company had revenue of $7.58 billion during the quarter, compared to analysts' expectations of $7.12 billion. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.Arrow Electronics's revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.78 EPS. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. As a group, analysts anticipate that Arrow Electronics, Inc. will post 10.57 earnings per share for the current year.

Analyst Ratings Changes

ARW has been the topic of several research reports. Bank of America boosted their price objective on shares of Arrow Electronics from $105.00 to $110.00 and gave the stock an "underperform" rating in a research note on Monday, June 9th. Wall Street Zen upgraded shares of Arrow Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Arrow Electronics presently has an average rating of "Reduce" and an average target price of $115.75.

Insiders Place Their Bets

In related news, CEO Sean J. Kerins bought 8,630 shares of the business's stock in a transaction on Friday, August 1st. The shares were bought at an average price of $114.91 per share, for a total transaction of $991,673.30. Following the completion of the purchase, the chief executive officer directly owned 122,408 shares of the company's stock, valued at approximately $14,065,903.28. This trade represents a 7.58% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.80% of the stock is currently owned by insiders.

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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