Hsbc Holdings PLC Makes New Investment in Arrow Electronics, Inc. $ARW

Key Points

• HSBC Holdings purchased 5,752 shares of Arrow Electronics worth approximately $1.22 million during the second quarter. Institutional investors collectively own 99.34% of the company.
• Arrow Electronics reported quarterly earnings of $5.45 per share, beating estimates by $1.00, while revenue rose 31.8% year over year to $9.99 billion. The company guided for third-quarter 2026 EPS of $4.83–$5.03.
• The board authorized a $1 billion share-repurchase program, covering up to 9.7% of outstanding shares. Analysts’ consensus rating is “Hold,” with an average price target of $233.25 versus the stock’s $204.13 opening price.

Hsbc Holdings PLC purchased a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,752 shares of the technology company's stock, valued at approximately $1,219,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Keating Financial Advisory Services Inc. purchased a new stake in Arrow Electronics in the second quarter worth about $28,000. Fiduciary Financial Advisors purchased a new position in Arrow Electronics during the 2nd quarter valued at about $33,000. Jones Financial Companies Lllp bought a new stake in shares of Arrow Electronics in the 2nd quarter valued at about $37,000. Bayban bought a new stake in shares of Arrow Electronics in the 1st quarter valued at about $26,000. Finally, BOK Financial Private Wealth Inc. purchased a new stake in shares of Arrow Electronics in the 2nd quarter worth approximately $47,000. 99.34% of the stock is currently owned by institutional investors.

Arrow Electronics Stock Up 0.1%

NYSE:ARW opened at $204.13 on Tuesday. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. Arrow Electronics, Inc. has a twelve month low of $101.79 and a twelve month high of $237.33. The company has a market cap of $10.39 billion, a PE ratio of 13.04, a P/E/G ratio of 0.30 and a beta of 1.20. The company's 50 day moving average is $210.17 and its two-hundred day moving average is $189.58.

Arrow Electronics (NYSE:ARW - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating analysts' consensus estimates of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The firm had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. During the same period in the previous year, the company earned $2.43 earnings per share. The business's quarterly revenue was up 31.8% compared to the same quarter last year. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Analysts anticipate that Arrow Electronics, Inc. will post 21.24 EPS for the current year.

Arrow Electronics announced that its Board of Directors has approved a stock repurchase plan on Wednesday, May 13th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 9.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

Wall Street Analyst Weigh In

ARW has been the topic of a number of recent research reports. Raymond James Financial reiterated an "outperform" rating and set a $250.00 price objective on shares of Arrow Electronics in a research note on Friday, August 7th. Zacks Research lowered Arrow Electronics from a "strong-buy" rating to a "hold" rating in a report on Monday, August 3rd. Truist Financial dropped their target price on Arrow Electronics from $260.00 to $250.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Wells Fargo & Company lifted their price target on Arrow Electronics from $175.00 to $200.00 and gave the company an "underweight" rating in a report on Friday, August 7th. Finally, Wall Street Zen raised Arrow Electronics from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 25th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $233.25.

Arrow Electronics 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source