Corient Private Wealth LP Has $17.66 Million Stake in Arrow Electronics, Inc. $ARW

Key Points

• Corient Private Wealth reduced its Arrow Electronics stake by 34.3% in the second quarter, selling 43,143 shares and retaining 82,753 shares valued at approximately $17.66 million. Institutional investors collectively own 99.34% of the company.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $233.25; recent targets include $250 from Raymond James and Truist Financial.
• Arrow Electronics exceeded quarterly expectations, reporting $5.45 in earnings per share versus a $4.45 estimate and $9.99 billion in revenue, up 31.8% year over year. Shares opened at $214.39 after declining 6.1%.

Corient Private Wealth LP cut its position in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 34.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,753 shares of the technology company's stock after selling 43,143 shares during the quarter. Corient Private Wealth LP owned 0.16% of Arrow Electronics worth $17,660,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. California State Teachers Retirement System grew its holdings in shares of Arrow Electronics by 20,912.3% during the 2nd quarter. California State Teachers Retirement System now owns 12,621,067 shares of the technology company's stock valued at $2,693,462,000 after purchasing an additional 12,561,002 shares during the last quarter. BlackRock Inc. bought a new position in Arrow Electronics in the 2nd quarter valued at approximately $1,070,534,000. Bank of America Corp DE bought a new position in Arrow Electronics in the 2nd quarter valued at approximately $270,981,000. Brandes Investment Partners LP boosted its position in Arrow Electronics by 1,412.3% in the fourth quarter. Brandes Investment Partners LP now owns 409,461 shares of the technology company's stock valued at $45,115,000 after buying an additional 382,385 shares in the last quarter. Finally, Wedge Capital Management L L P NC bought a new stake in shares of Arrow Electronics during the second quarter worth $72,308,000. Institutional investors own 99.34% of the company's stock.

Insider Transactions at Arrow Electronics

In other news, SVP Carine Jean-Claude sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total value of $209,850.00. Following the transaction, the senior vice president owned 11,626 shares in the company, valued at approximately $2,439,716.10. The trade was a 7.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.80% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on ARW shares. Raymond James Financial reiterated an "outperform" rating and issued a $250.00 price target on shares of Arrow Electronics in a research note on Friday, August 7th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Arrow Electronics in a research note on Friday, August 21st. Truist Financial cut their target price on shares of Arrow Electronics from $260.00 to $250.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Zacks Research upgraded shares of Arrow Electronics from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 1st. Finally, Wall Street Zen raised shares of Arrow Electronics from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $233.25.

Arrow Electronics Trading Down 6.1%

Shares of ARW stock opened at $214.39 on Tuesday. Arrow Electronics, Inc. has a 1-year low of $101.79 and a 1-year high of $237.33. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. The stock has a market cap of $10.91 billion, a price-to-earnings ratio of 13.70, a PEG ratio of 0.33 and a beta of 1.19. The stock has a 50-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 analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $9.67 billion. During the same period in the previous year, the firm earned $2.43 earnings per share. The firm'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, equities research analysts forecast that Arrow Electronics, Inc. will post 21.24 earnings per share for the current year.

Arrow Electronics Company Profile

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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