California State Teachers Retirement System Sells 925 Shares of Arrow Electronics, Inc. $ARW

California State Teachers Retirement System trimmed its position in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,140 shares of the technology company's stock after selling 925 shares during the quarter. California State Teachers Retirement System owned approximately 0.12% of Arrow Electronics worth $12,621,067 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of ARW. MUFG Securities EMEA plc bought a new position in Arrow Electronics during the 4th quarter worth approximately $14,544,000. Assenagon Asset Management S.A. raised its stake in Arrow Electronics by 307.9% during the second quarter. Assenagon Asset Management S.A. now owns 220,920 shares of the technology company's stock valued at $47,147,000 after buying an additional 166,762 shares during the last quarter. Empowered Funds LLC increased its holdings in Arrow Electronics by 306.8% during the first quarter. Empowered Funds LLC now owns 36,928 shares of the technology company's stock valued at $5,296,000 after buying an additional 27,851 shares during the last quarter. Intech Investment Management LLC lifted its position in shares of Arrow Electronics by 92.3% in the fourth quarter. Intech Investment Management LLC now owns 10,042 shares of the technology company's stock worth $1,106,000 after buying an additional 4,821 shares in the last quarter. Finally, Atria Investments Inc increased its stake in Arrow Electronics by 48.0% in the 4th quarter. Atria Investments Inc now owns 80,092 shares of the technology company's stock worth $8,825,000 after buying an additional 25,965 shares during the period. Institutional investors and hedge funds own 99.34% of the company's stock.

Arrow Electronics Trading Down 0.2%

Arrow Electronics stock traded down $0.37 during midday trading on Tuesday, reaching $213.48. The stock had a trading volume of 156,474 shares, compared to its average volume of 628,617. 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 has a market cap of $10.87 billion, a price-to-earnings ratio of 13.66, a price-to-earnings-growth ratio of 0.33 and a beta of 1.19. Arrow Electronics, Inc. has a 52-week low of $101.79 and a 52-week high of $237.33. The company has a fifty day moving average of $210.57 and a 200 day moving average of $193.72.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The company had revenue of $9.99 billion during the quarter, compared to analyst estimates of $9.67 billion. During the same period in the previous year, the business earned $2.43 EPS. Arrow Electronics's quarterly 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, analysts anticipate that Arrow Electronics, Inc. will post 21.24 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Carine Jean-Claude sold 1,000 shares of the firm's stock in a transaction dated 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 transaction, the senior vice president owned 11,626 shares in the company, valued at approximately $2,439,716.10. This trade represents a 7.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.80% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on ARW. Wall Street Zen upgraded shares of Arrow Electronics from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 25th. Truist Financial lowered their target price on Arrow Electronics from $260.00 to $250.00 and set a "buy" rating for the company in a report on Friday, August 7th. Raymond James Financial reiterated an "outperform" rating and issued a $250.00 target price on shares of Arrow Electronics in a research note on Friday, August 7th. Wells Fargo & Company upped their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an "underweight" rating in a research report on Friday, August 7th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of Arrow Electronics in a research note on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $233.25.

About Arrow Electronics

Arrow Electronics, Inc is a global technology distributor that connects electronic component manufacturers with original equipment manufacturers, contract manufacturers and other commercial customers. The company supplies semiconductors, passive components, electromechanical products and related embedded technologies used in products across industries such as communications, industrial, automotive, aerospace and defense, and consumer electronics.

Through its enterprise computing solutions business, Arrow also provides information-technology products and services, including data-center and cloud solutions, software, security, storage, networking and professional services.

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