Focus Partners Advisor Solutions LLC acquired a new position in Arrow Electronics, Inc. (NYSE:ARW - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,405 shares of the technology company's stock, valued at approximately $250,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ARW. Greenhaven Associates Inc. lifted its stake in shares of Arrow Electronics by 0.5% in the 1st quarter. Greenhaven Associates Inc. now owns 1,913,757 shares of the technology company's stock valued at $198,705,000 after purchasing an additional 8,900 shares during the last quarter. Northern Trust Corp raised its holdings in Arrow Electronics by 6.3% in the 1st quarter. Northern Trust Corp now owns 672,375 shares of the technology company's stock valued at $69,813,000 after buying an additional 40,120 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Arrow Electronics by 2.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 509,679 shares of the technology company's stock valued at $52,920,000 after buying an additional 10,772 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its position in Arrow Electronics by 1.7% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 369,940 shares of the technology company's stock valued at $38,411,000 after buying an additional 6,293 shares during the last quarter. Finally, Voloridge Investment Management LLC boosted its stake in Arrow Electronics by 20.9% during the fourth quarter. Voloridge Investment Management LLC now owns 354,007 shares of the technology company's stock worth $40,045,000 after buying an additional 61,280 shares during the period. Institutional investors and hedge funds own 99.34% of the company's stock.
Arrow Electronics Stock Down 0.7%
Arrow Electronics stock traded down $0.85 during mid-day trading on Friday, reaching $128.41. 513,819 shares of the company's stock were exchanged, compared to its average volume of 398,892. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37. Arrow Electronics, Inc. has a twelve month low of $86.50 and a twelve month high of $137.80. The company has a market cap of $6.61 billion, a P/E ratio of 14.53, a P/E/G ratio of 0.61 and a beta of 1.09. The company has a fifty day moving average of $126.45 and a 200-day moving average of $117.61.
Arrow Electronics (NYSE:ARW - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The technology company reported $2.43 earnings per share for the quarter, topping analysts' consensus estimates of $2.03 by $0.40. The business had revenue of $7.58 billion for the quarter, compared to analyst estimates of $7.12 billion. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The company's revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.78 earnings per share. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. Sell-side analysts expect that Arrow Electronics, Inc. will post 10.57 EPS for the current year.
Insiders Place Their Bets
In related news, CEO Sean J. Kerins purchased 8,630 shares of Arrow Electronics stock in a transaction on Friday, August 1st. The shares were bought at an average price of $114.91 per share, with a total value of $991,673.30. Following the transaction, the chief executive officer directly owned 122,408 shares of the company's stock, valued at approximately $14,065,903.28. This trade represents a 7.58% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is currently owned by company insiders.
Analyst Ratings Changes
A number of research firms have recently issued reports on ARW. Wall Street Zen raised shares of Arrow Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Bank of America boosted their target price on Arrow Electronics from $105.00 to $110.00 and gave the company an "underperform" rating in a research report on Monday, June 9th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Reduce" and a consensus target price of $115.75.
View Our Latest Stock Analysis on Arrow Electronics
Arrow Electronics Profile
(
Free Report)
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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