Brooklyn Investment Group Has $340,000 Stock Position in Arrow Electronics, Inc. $ARW

Key Points

• Broklyn Investment Group significantly increased its stake in Arrow Electronics by 1,689.6%, acquiring a total of 3,275 shares valued at $340,000.
• CEO Sean J. Kerins purchased 8,630 shares at an average price of $114.91, boosting his ownership in the company by 7.58%.
• Arrow Electronics reported earnings exceeding expectations with an EPS of $2.43, compared to the expected $2.03, alongside a revenue of $7.58 billion.

Brooklyn Investment Group lifted its holdings in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 1,689.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,275 shares of the technology company's stock after purchasing an additional 3,092 shares during the period. Brooklyn Investment Group's holdings in Arrow Electronics were worth $340,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its position in shares of Arrow Electronics by 33.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,864 shares of the technology company's stock valued at $1,232,000 after acquiring an additional 2,982 shares in the last quarter. Golden State Wealth Management LLC raised its stake in Arrow Electronics by 111.7% during the 1st quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company's stock valued at $39,000 after purchasing an additional 200 shares during the period. SG Americas Securities LLC acquired a new stake in Arrow Electronics during the 1st quarter valued at $356,000. GAMMA Investing LLC lifted its holdings in shares of Arrow Electronics by 201.3% in the first quarter. GAMMA Investing LLC now owns 2,597 shares of the technology company's stock valued at $270,000 after purchasing an additional 1,735 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of Arrow Electronics by 7.8% in the first quarter. LPL Financial LLC now owns 34,386 shares of the technology company's stock worth $3,570,000 after buying an additional 2,475 shares during the period. 99.34% of the stock is owned by hedge funds and other institutional investors.

Arrow Electronics Stock Down 0.9%

ARW stock traded down $1.1260 during mid-day trading on Monday, hitting $128.9440. The stock had a trading volume of 287,813 shares, compared to its average volume of 543,519. Arrow Electronics, Inc. has a 1-year low of $86.50 and a 1-year high of $137.80. The company has a fifty day moving average of $126.64 and a 200 day moving average of $116.06. 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 stock has a market capitalization of $6.64 billion, a price-to-earnings ratio of 14.59, a PEG ratio of 0.62 and a beta of 1.10.

Arrow Electronics (NYSE:ARW - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 EPS for the quarter, beating the consensus estimate of $2.03 by $0.40. The business 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%.The firm's quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.78 EPS. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. On average, equities analysts expect that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Bank of America upped their price target on Arrow Electronics from $105.00 to $110.00 and gave the company an "underperform" rating in a research report on Monday, June 9th. Wall Street Zen upgraded Arrow Electronics from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of $115.75.

Insiders Place Their Bets

In other news, SVP Carine Lamercie Jean-Claude sold 2,660 shares of the firm's stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $124.64, for a total transaction of $331,542.40. Following the transaction, the senior vice president owned 17,057 shares in the company, valued at approximately $2,125,984.48. This trade represents a 13.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sean J. Kerins acquired 8,630 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The stock was 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 of the company's stock, valued at $14,065,903.28. This represents a 7.58% increase in their position. The disclosure for this purchase can be found here. 0.80% of the stock is currently owned by company insiders.

Arrow Electronics Company Profile

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.