Canada Pension Plan Investment Board Purchases Shares of 11,500 Arrow Electronics, Inc. $ARW

Key Points

• Canada Pension Plan Investment Board initiated a position in Arrow Electronics by purchasing 11,500 shares valued at approximately $2.45 million. Institutional investors and hedge funds collectively own 99.34% of the company.
• Arrow Electronics reported strong quarterly results, with EPS of $5.45 beating estimates by $1.00 and revenue of $9.99 billion rising 31.8% year over year. The company issued third-quarter 2026 EPS guidance of $4.83–$5.03.
• The board authorized a $1 billion share buyback, allowing repurchases of up to 9.7% of outstanding shares. Analysts maintain a consensus “Hold” rating, with an average price target of $233.25 versus the reported share price of $203.70.

Canada Pension Plan Investment Board purchased a new position in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,500 shares of the technology company's stock, valued at approximately $2,454,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Private Advisor Group LLC grew its position in shares of Arrow Electronics by 2.6% in the 1st quarter. Private Advisor Group LLC now owns 3,054 shares of the technology company's stock valued at $438,000 after buying an additional 78 shares during the last quarter. Root Financial Partners LLC lifted its stake in shares of Arrow Electronics by 38.9% in the 1st quarter. Root Financial Partners LLC now owns 282 shares of the technology company's stock valued at $40,000 after purchasing an additional 79 shares during the period. Krilogy Financial LLC boosted its holdings in shares of Arrow Electronics by 3.2% during the 1st quarter. Krilogy Financial LLC now owns 2,543 shares of the technology company's stock worth $365,000 after buying an additional 80 shares in the last quarter. Gateway Investment Advisers LLC boosted its stake in Arrow Electronics by 3.8% during the fourth quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company's stock worth $251,000 after acquiring an additional 84 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in shares of Arrow Electronics by 0.8% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 10,567 shares of the technology company's stock valued at $2,255,000 after buying an additional 84 shares during the period. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Arrow Electronics Price Performance

Shares of NYSE ARW opened at $203.70 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.22. Arrow Electronics, Inc. has a fifty-two week low of $101.79 and a fifty-two week high of $237.33. The stock has a market cap of $10.37 billion, a PE ratio of 13.02, a price-to-earnings-growth ratio of 0.30 and a beta of 1.20. The stock has a fifty day moving average of $210.78 and a 200-day moving average of $189.24.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating analysts' consensus estimates of $4.45 by $1.00. The business had revenue of $9.99 billion during the quarter, compared to analyst estimates of $9.67 billion. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The company's quarterly revenue was up 31.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.43 EPS. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Equities research analysts anticipate that Arrow Electronics, Inc. will post 21.24 earnings per share for the current year.

Arrow Electronics announced that its Board of Directors has initiated a stock buyback program on Wednesday, May 13th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the technology company to reacquire up to 9.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

Key Arrow Electronics News

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Analysts tracked by American Banking News assign Arrow Electronics an average price target of $233.25, implying meaningful upside from recent trading levels. Arrow Electronics Receives $233.25 Average Price Target from Analysts
• Positive Sentiment: Zacks Research raised its Arrow Electronics EPS forecasts across multiple periods, including FY2026 to $20.41 from $17.19, FY2027 to $20.08 from $16.22, and FY2028 to $19.28 from $15.33. The firm also lifted estimates for several quarterly periods, including Q3 2026 to $5.01 from $3.25 and Q3 2027 to $5.05 from $3.21.
• Neutral Sentiment: Zacks Research maintained a Hold rating, suggesting that the higher earnings forecasts have not yet prompted the analyst to view ARW as an outright buy. The current-year consensus EPS estimate is approximately $20.44, broadly in line with Zacks’ revised FY2026 forecast.
• Negative Sentiment: The stock’s decline may reflect valuation and momentum concerns following a strong run toward its 12-month high of $237.33. Investors may also be weighing the fact that Zacks’ longer-term FY2028 estimate of $19.28 is below its FY2027 forecast, despite the upward revisions.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Bank of America raised shares of Arrow Electronics from an "underperform" rating to a "neutral" rating and lifted their price target for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Wall Street Zen raised Arrow Electronics from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 25th. Truist Financial dropped their price target on Arrow Electronics from $260.00 to $250.00 and set a "buy" rating on the stock in a report on Friday, August 7th. Weiss Ratings reissued a "buy (b-)" rating on shares of Arrow Electronics in a research report on Friday, August 21st. Finally, Zacks Research downgraded Arrow Electronics from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $233.25.

About Arrow Electronics

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.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source