Hsbc Holdings PLC Buys 19,633 Shares of Arrow Electronics, Inc. $ARW

Key Points

• Hsbc Holdings PLC significantly increased its stake in Arrow Electronics, adding 19,633 shares for a total of 22,048 shares, representing an acquisition growth of 813.0%.
• Arrow Electronics reported a quarterly earnings per share of $2.43, exceeding analysts' estimates by $0.40, with revenue also surpassing expectations at $7.58 billion.
• Several hedge funds have recently bolstered their shares in Arrow Electronics, with Bank of America Corp DE increasing its holdings by 163.7% to over 1.17 million shares valued at approximately $133 million.

Hsbc Holdings PLC raised its position in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 813.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,048 shares of the technology company's stock after buying an additional 19,633 shares during the quarter. Hsbc Holdings PLC's holdings in Arrow Electronics were worth $2,280,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Arrow Electronics by 33.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,864 shares of the technology company's stock worth $1,232,000 after purchasing an additional 2,982 shares during the period. Golden State Wealth Management LLC boosted its holdings 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 worth $39,000 after purchasing an additional 200 shares during the period. SG Americas Securities LLC purchased a new position in shares of Arrow Electronics in the 1st quarter worth approximately $356,000. GAMMA Investing LLC boosted its holdings in shares of Arrow Electronics by 201.3% in the 1st quarter. GAMMA Investing LLC now owns 2,597 shares of the technology company's stock worth $270,000 after purchasing an additional 1,735 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of Arrow Electronics by 7.8% in the 1st quarter. LPL Financial LLC now owns 34,386 shares of the technology company's stock worth $3,570,000 after purchasing an additional 2,475 shares during the period. Hedge funds and other institutional investors own 99.34% of the company's stock.

Arrow Electronics Trading Down 0.3%

Shares of Arrow Electronics stock traded down $0.39 on Monday, hitting $126.43. 450,635 shares of the company traded hands, compared to its average volume of 471,971. The stock's 50 day moving average price is $126.92 and its 200-day moving average price is $116.61. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. Arrow Electronics, Inc. has a 52 week low of $86.50 and a 52 week high of $137.80. The company has a market cap of $6.51 billion, a PE ratio of 14.30, a PEG ratio of 0.60 and a beta of 1.09.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.40. The firm 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 company's revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.78 earnings per share. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. Equities research analysts predict that Arrow Electronics, Inc. will post 10.57 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ARW. Wall Street Zen upgraded Arrow Electronics from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. Bank of America lifted their target price on Arrow Electronics from $105.00 to $110.00 and gave the stock an "underperform" rating in a report on Monday, June 9th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Arrow Electronics presently has an average rating of "Reduce" and a consensus target price of $115.75.

Insiders Place Their Bets

In other news, CEO Sean J. Kerins bought 8,630 shares of the firm's stock in a transaction on Friday, August 1st. The stock was acquired at an average cost 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 in the company, valued at approximately $14,065,903.28. This trade represents a 7.58% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 2,660 shares of Arrow Electronics stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $124.64, for a total value of $331,542.40. Following the sale, the senior vice president directly owned 17,057 shares of the company's stock, valued at approximately $2,125,984.48. This trade represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.00% of the company's stock.

About Arrow Electronics

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.