Ethic Inc. Has $2.12 Million Holdings in Arrow Electronics, Inc. $ARW

Key Points

• Ethic Inc. increased its stake in Arrow Electronics by 16.3%, owning $2.12 million worth of shares after acquiring additional stock in the second quarter.
• CEO Sean J. Kerins purchased 8,630 shares at an average price of $114.91, enhancing his holdings by 7.58% and owning shares valued at over $14 million.
• Arrow Electronics reported strong quarterly earnings with $2.43 EPS, exceeding expectations and showing a revenue increase of 10% compared to the previous year.

Ethic Inc. boosted its stake in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 16.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,627 shares of the technology company's stock after purchasing an additional 2,330 shares during the quarter. Ethic Inc.'s holdings in Arrow Electronics were worth $2,116,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its stake in shares of Arrow Electronics by 84.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company's stock valued at $28,000 after buying an additional 101 shares in the last quarter. Operose Advisors LLC acquired a new position in shares of Arrow Electronics in the 1st quarter valued at $31,000. Geneos Wealth Management Inc. raised its stake in shares of Arrow Electronics by 68.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company's stock valued at $37,000 after buying an additional 143 shares in the last quarter. Golden State Wealth Management LLC raised its stake in shares of Arrow Electronics by 111.7% in the 1st quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company's stock valued at $39,000 after buying an additional 200 shares in the last quarter. Finally, Quarry LP raised its stake in shares of Arrow Electronics by 321.7% in the 1st quarter. Quarry LP now owns 388 shares of the technology company's stock valued at $40,000 after buying an additional 296 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Arrow Electronics

In other news, CEO Sean J. Kerins bought 8,630 shares of the stock in a transaction dated Friday, August 1st. The shares were acquired at an average price of $114.91 per share, with a total value of $991,673.30. Following the acquisition, the chief executive officer owned 122,408 shares in the company, valued at $14,065,903.28. This trade represents a 7.58% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.00% of the company's stock.

Arrow Electronics Stock Down 0.9%

ARW opened at $120.00 on Friday. The firm's 50-day simple moving average is $123.02 and its 200-day simple moving average is $121.02. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. Arrow Electronics, Inc. has a twelve month low of $86.50 and a twelve month high of $137.80. The firm has a market cap of $6.18 billion, a price-to-earnings ratio of 13.57, a PEG ratio of 0.57 and a beta of 1.09.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted its earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.40. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The business had revenue of $7.58 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same quarter in the prior year, the firm earned $2.78 EPS. The firm'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. Equities research analysts anticipate that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Analysts Set New Price Targets

ARW has been the subject of a number of recent research reports. Weiss Ratings restated a "hold (c)" rating on shares of Arrow Electronics in a research note on Friday. Zacks Research upgraded shares of Arrow Electronics from a "hold" rating to a "strong-buy" rating in a research note on Thursday, October 16th. Finally, Wall Street Zen upgraded shares of Arrow Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Arrow Electronics has a consensus rating of "Hold" and an average target price of $115.75.

Arrow Electronics Profile

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.

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