Engineers Gate Manager LP Makes New Investment in Arrow Electronics, Inc. $ARW

Key Points

• Engineers Gate Manager LP initiated a 13,098-share position in Arrow Electronics valued at approximately $2.8 million. Institutional investors collectively own 99.34% of the company.
• Arrow reported quarterly EPS of $5.45, beating estimates by $1.00, while revenue rose 31.8% year over year to $9.99 billion. The company issued third-quarter 2026 EPS guidance of $4.83–$5.03.
• Analysts maintain a generally positive view, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $233.25 versus a recent price of $214.39.

Engineers Gate Manager LP acquired a new position in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 13,098 shares of the technology company's stock, valued at approximately $2,795,000.

A number of other hedge funds have also made changes to their positions in ARW. MUFG Securities EMEA plc purchased a new position in Arrow Electronics in the fourth quarter valued at approximately $14,544,000. Empowered Funds LLC boosted its holdings in shares of Arrow Electronics by 306.8% in the 1st 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 in the last quarter. Assenagon Asset Management S.A. grew its position in shares of Arrow Electronics by 307.9% in the 2nd 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. Intech Investment Management LLC raised its stake in Arrow Electronics by 92.3% during the 4th quarter. Intech Investment Management LLC now owns 10,042 shares of the technology company's stock worth $1,106,000 after acquiring an additional 4,821 shares in the last quarter. Finally, Handelsbanken Fonder AB lifted its position in Arrow Electronics by 44.8% in the fourth quarter. Handelsbanken Fonder AB now owns 16,800 shares of the technology company's stock valued at $1,851,000 after acquiring an additional 5,200 shares during the last quarter. Hedge funds and other institutional investors own 99.34% of the company's stock.

Arrow Electronics Price Performance

Shares of ARW opened at $214.39 on Tuesday. 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 firm has a 50-day simple moving average of $210.57 and a 200-day simple moving average of $193.72. The company has a market capitalization of $10.91 billion, a price-to-earnings ratio of 13.70, a price-to-earnings-growth ratio of 0.33 and a beta of 1.19.

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

Analyst Upgrades and Downgrades

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

Insider Activity

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 stock was 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 of the company's stock, valued at approximately $2,439,716.10. The trade was a 7.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.80% of the company's stock.

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.

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.