Focus Partners Advisor Solutions LLC Invests $1.34 Million in Arrow Electronics, Inc. $ARW

Key Points

• Focus Partners Advisor Solutions purchased 6,291 Arrow Electronics shares worth approximately $1.34 million in the second quarter. Institutional investors collectively own 99.34% of the company.
• Arrow Electronics exceeded quarterly expectations, reporting $5.45 in EPS versus the $4.45 consensus and $9.99 billion in revenue, up 31.8% year over year. The company authorized a $1 billion share-buyback program, covering up to 9.7% of outstanding shares.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $233.25 price target; Arrow shares recently opened at $213.78.

Focus Partners Advisor Solutions LLC bought a new stake in Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,291 shares of the technology company's stock, valued at approximately $1,343,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bayban acquired a new stake in Arrow Electronics in the 1st quarter valued at $26,000. Northwestern Mutual Wealth Management Co. raised its position in Arrow Electronics by 112.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company's stock valued at $27,000 after purchasing an additional 131 shares during the period. Transamerica Financial Advisors LLC acquired a new position in shares of Arrow Electronics during the fourth quarter worth about $27,000. Advisory Services Network LLC acquired a new position in shares of Arrow Electronics during the third quarter worth about $31,000. Finally, Quarry LP purchased a new stake in shares of Arrow Electronics in the third quarter worth about $33,000. Institutional investors and hedge funds own 99.34% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on ARW. Truist Financial lowered their target price on Arrow Electronics from $260.00 to $250.00 and set a "buy" rating for the company in a research note on Friday, August 7th. Raymond James Financial reissued an "outperform" rating and set a $250.00 price target on shares of Arrow Electronics in a research report on Friday, August 7th. Zacks Research cut Arrow Electronics from a "strong-buy" rating to a "hold" rating in a report on Monday, August 3rd. Wall Street Zen raised shares of Arrow Electronics from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 25th. Finally, Bank of America upgraded shares of Arrow Electronics from an "underperform" rating to a "neutral" rating and lifted their price objective for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $233.25.

Arrow Electronics Stock Performance

Shares of Arrow Electronics stock opened at $213.78 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 1 year low of $101.79 and a 1 year high of $237.33. The firm's 50-day simple moving average is $214.23 and its 200-day simple moving average is $184.30. The firm has a market cap of $10.88 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 0.33 and a beta of 1.20.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, topping analysts' consensus estimates of $4.45 by $1.00. The business had revenue of $9.99 billion during the quarter, compared to the consensus estimate of $9.67 billion. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The company's revenue for the quarter was up 31.8% compared to the same quarter last year. During the same period last year, the firm earned $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Equities analysts forecast that Arrow Electronics, Inc. will post 20.44 earnings per share for the current fiscal year.

Arrow Electronics declared that its board has initiated a share buyback plan on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the technology company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Insiders Place Their Bets

In related news, insider Eric Nowak sold 3,473 shares of the business's stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total transaction of $732,768.27. Following the completion of the sale, the insider owned 48,835 shares of the company's stock, valued at $10,303,696.65. This represents a 6.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.00, for a total transaction of $648,000.00. Following the sale, the senior vice president owned 12,626 shares in the company, valued at approximately $2,727,216. This trade represents a 19.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by corporate insiders.

Arrow Electronics Company Profile

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.

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