Foster & Motley Inc. Increases Stock Position in Arrow Electronics, Inc. $ARW

Key Points

• Foster & Motley Inc. increased its stake in Arrow Electronics by 48.2% during the second quarter, holding 14,730 shares valued at approximately $1.88 million.
• Multiple institutional investors also adjusted their positions in Arrow Electronics, with Twin Tree Management LP boosting its stake by 118.4% and Bayforest Capital Ltd increasing its stake by a remarkable 653.1%.
• The stock currently holds a consensus rating of "Hold", with a price target averaging $115.75, and has recently seen upgrades to "Strong Buy" from Zacks Research.

Foster & Motley Inc. grew its holdings in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 48.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,730 shares of the technology company's stock after purchasing an additional 4,788 shares during the quarter. Foster & Motley Inc.'s holdings in Arrow Electronics were worth $1,877,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Tweedy Browne Co LLC purchased a new position in shares of Arrow Electronics in the second quarter valued at approximately $400,000. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Arrow Electronics in the second quarter valued at approximately $413,000. Allianz Asset Management GmbH boosted its stake in shares of Arrow Electronics by 13.6% in the second quarter. Allianz Asset Management GmbH now owns 324,186 shares of the technology company's stock valued at $41,311,000 after purchasing an additional 38,803 shares during the period. Twin Tree Management LP boosted its stake in shares of Arrow Electronics by 118.4% in the second quarter. Twin Tree Management LP now owns 1,937 shares of the technology company's stock valued at $247,000 after purchasing an additional 1,050 shares during the period. Finally, Bayforest Capital Ltd boosted its stake in shares of Arrow Electronics by 653.1% in the second quarter. Bayforest Capital Ltd now owns 6,650 shares of the technology company's stock valued at $847,000 after purchasing an additional 5,767 shares during the period. Hedge funds and other institutional investors own 99.34% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ARW. Zacks Research raised shares of Arrow Electronics from a "hold" rating to a "strong-buy" rating in a research note on Thursday. Weiss Ratings reiterated a "hold (c)" rating on shares of Arrow Electronics in a research note on Wednesday, October 8th. 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 analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $115.75.

Arrow Electronics Stock Up 0.9%

Shares of Arrow Electronics stock opened at $119.10 on Friday. Arrow Electronics, Inc. has a 52-week low of $86.50 and a 52-week high of $137.80. The company has a 50 day moving average of $123.20 and a 200 day moving average of $120.19. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $6.13 billion, a P/E ratio of 13.47, a P/E/G ratio of 0.56 and a beta of 1.09.

Arrow Electronics (NYSE:ARW - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.03 by $0.40. The company had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.12 billion. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The firm's quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.78 earnings per share. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. As a group, research analysts forecast that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Insider Buying and Selling at Arrow Electronics

In related news, CEO Sean J. Kerins acquired 8,630 shares of Arrow Electronics stock in a transaction dated Friday, August 1st. The stock was acquired at an average price of $114.91 per share, for a total transaction of $991,673.30. Following the transaction, the chief executive officer owned 122,408 shares of the company's stock, valued at $14,065,903.28. This represents a 7.58% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.00% of the company's stock.

Arrow Electronics Company 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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