Charles Schwab Investment Management Inc. Grows Holdings in Arrow Electronics, Inc. $ARW

Key Points

• Charles Schwab Investment Management Inc. has increased its stake in Arrow Electronics by 2.2%, owning approximately 0.98% of the firm worth $52.9 million after purchasing an additional 10,772 shares.
• During the 1st quarter, multiple institutional investors increased their holdings in Arrow Electronics, with Golden State Wealth Management enhancing its stake by an impressive 111.7%.
• Arrow Electronics reported $2.43 earnings per share for the last quarter, surpassing estimates and indicating a year-over-year revenue growth of 10.0% to $7.58 billion.

Charles Schwab Investment Management Inc. boosted its position in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 2.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 509,679 shares of the technology company's stock after buying an additional 10,772 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.98% of Arrow Electronics worth $52,920,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in Arrow Electronics by 163.7% during the fourth quarter. Bank of America Corp DE now owns 1,176,527 shares of the technology company's stock valued at $133,089,000 after purchasing an additional 730,408 shares in the last quarter. Fiduciary Management Inc. WI lifted its holdings in Arrow Electronics by 44.1% during the fourth quarter. Fiduciary Management Inc. WI now owns 1,548,925 shares of the technology company's stock valued at $175,214,000 after purchasing an additional 473,909 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Arrow Electronics by 31,181.6% during the first quarter. GAMMA Investing LLC now owns 269,647 shares of the technology company's stock valued at $279,970,000 after purchasing an additional 268,785 shares in the last quarter. ARGA Investment Management LP lifted its holdings in Arrow Electronics by 273.3% during the first quarter. ARGA Investment Management LP now owns 293,561 shares of the technology company's stock valued at $30,480,000 after purchasing an additional 214,926 shares in the last quarter. Finally, Tidal Investments LLC lifted its holdings in Arrow Electronics by 1,666.9% during the fourth quarter. Tidal Investments LLC now owns 127,620 shares of the technology company's stock valued at $14,436,000 after purchasing an additional 120,397 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Bank of America increased their price objective on shares of Arrow Electronics from $105.00 to $110.00 and gave the company an "underperform" rating in a report on Monday, June 9th. Wall Street Zen raised shares of Arrow Electronics from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and an average price target of $115.75.

Insider Transactions at Arrow Electronics

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 2,660 shares of Arrow Electronics stock in a transaction dated 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 directly owned 17,057 shares of the company's stock, valued at $2,125,984.48. The trade was a 13.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sean J. Kerins bought 8,630 shares of Arrow Electronics stock in a transaction on Friday, August 1st. The shares were purchased at an average cost 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 $14,065,903.28. This trade represents a 7.58% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.80% of the stock is owned by insiders.

Arrow Electronics Price Performance

Shares of NYSE:ARW traded up $1.7750 during midday trading on Tuesday, hitting $125.2650. The company's stock had a trading volume of 213,707 shares, compared to its average volume of 546,576. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. The business's 50 day simple moving average is $126.37 and its 200 day simple moving average is $115.54. Arrow Electronics, Inc. has a 12-month low of $86.50 and a 12-month high of $137.80. The company has a market cap of $6.45 billion, a P/E ratio of 14.16, a price-to-earnings-growth ratio of 0.59 and a beta of 1.10.

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

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.