Arrow Electronics, Inc. $ARW Stock Holdings Increased by Jane Street Group LLC

Key Points

• Jane Street Group LLC increased its stake in Arrow Electronics by 102.5%, holding 192,500 shares worth approximately $19.99 million after acquiring an additional 97,460 shares in the first quarter.
• Arrow Electronics reported better than expected earnings, with an EPS of $2.43 compared to the consensus estimate of $2.03, and revenue of $7.58 billion during the last quarter, reflecting a 10% year-over-year increase.
• The stock is currently rated as a consensus "Reduce" by analysts, with a price target of $115.75, although it has seen activity with some upgrades and varying ratings from different firms.

Jane Street Group LLC lifted its position in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 102.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 192,500 shares of the technology company's stock after acquiring an additional 97,460 shares during the period. Jane Street Group LLC owned 0.37% of Arrow Electronics worth $19,987,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Greenhaven Associates Inc. grew its position in shares of Arrow Electronics by 0.5% during the first quarter. Greenhaven Associates Inc. now owns 1,913,757 shares of the technology company's stock worth $198,705,000 after acquiring an additional 8,900 shares during the last quarter. DnB Asset Management AS grew its position in shares of Arrow Electronics by 23.4% during the first quarter. DnB Asset Management AS now owns 685,051 shares of the technology company's stock worth $71,129,000 after acquiring an additional 129,986 shares during the last quarter. Northern Trust Corp grew its position 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 in the last quarter. Charles Schwab Investment Management Inc. grew its position 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 in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC grew its position in Arrow Electronics by 1.7% in the 1st 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 in the last quarter. Institutional investors own 99.34% of the company's stock.

Arrow Electronics Price Performance

Shares of NYSE:ARW traded up $3.74 during trading hours on Thursday, hitting $122.82. 500,953 shares of the company's stock traded hands, compared to its average volume of 453,552. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. 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 $6.33 billion, a price-to-earnings ratio of 13.89, a price-to-earnings-growth ratio of 0.56 and a beta of 1.09. The company's fifty day simple moving average is $125.82 and its two-hundred day simple moving average is $118.06.

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

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other news, CEO Sean J. Kerins acquired 8,630 shares of Arrow Electronics stock in a transaction on Friday, August 1st. The stock was bought at an average cost of $114.91 per share, with a total value of $991,673.30. Following the completion of the purchase, 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 purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.00% of the company's stock.

Arrow Electronics 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.