Janus Henderson Group PLC Lowers Position in Arrow Electronics, Inc. $ARW

Key Points

• Janus Henderson cut its Arrow Electronics stake by 63% in the first quarter, selling 39,356 shares and retaining 23,092 shares worth approximately $3.3 million. Institutional investors still own 99.34% of the company.
• Arrow reported a strong second quarter, with adjusted EPS of $5.45 versus the $4.45 consensus and revenue up 31.8% year over year to $9.99 billion. However, third-quarter EPS guidance of $4.83–$5.03 implies sequential moderation, while margin pressures remain.
• Analyst sentiment is mixed, with a consensus rating of Hold and an average price target of $233.25. Arrow also authorized a $1 billion share-repurchase program covering up to 9.7% of outstanding shares, while recent insider sales and an 8.4% stock decline added caution.

Janus Henderson Group PLC decreased its stake in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 63.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,092 shares of the technology company's stock after selling 39,356 shares during the quarter. Janus Henderson Group PLC's holdings in Arrow Electronics were worth $3,313,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of ARW. Bayban purchased a new stake in Arrow Electronics in the 1st quarter worth $26,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Arrow Electronics by 112.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company's stock valued at $27,000 after purchasing an additional 131 shares in the last quarter. Transamerica Financial Advisors LLC bought a new stake in shares of Arrow Electronics in the fourth quarter worth about $27,000. Advisory Services Network LLC purchased a new stake in shares of Arrow Electronics in the third quarter worth about $31,000. Finally, Quarry LP purchased a new stake in shares of Arrow Electronics in the third quarter worth about $33,000. 99.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. Bank of America upgraded Arrow Electronics from an "underperform" rating to a "neutral" rating and increased their target price for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Wells Fargo & Company boosted their price target on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an "underweight" rating in a research report on Friday. Truist Financial decreased their price target on shares of Arrow Electronics from $260.00 to $250.00 and set a "buy" rating on the stock in a research note on Friday. Finally, Zacks Research cut shares of Arrow Electronics from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 3rd. Three equities research 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. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $233.25.

Insider Activity

In other Arrow Electronics news, insider Eric Nowak sold 3,473 shares of the business's stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the completion of the transaction, the insider owned 48,835 shares in the company, valued at $10,303,696.65. The trade was a 6.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the sale, the senior vice president owned 12,626 shares in the company, valued at approximately $2,727,216. The trade was a 19.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is owned by company insiders.

Key Arrow Electronics News

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Second-quarter results exceeded expectations: Arrow reported adjusted EPS of $5.45 versus the $4.45 consensus estimate, while revenue rose 31.8% year over year to $9.99 billion, above forecasts. Arrow Electronics Q2 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Demand and backlog trends remain encouraging: Management cited broadening demand in Global Components, including AI, aerospace and industrial markets. Book-to-bill remained above 1, with backlog extending into the first half of 2027. Arrow Q2 Earnings Call Signals More Runway in Components
• Positive Sentiment: Capital allocation and analyst support provided offsets: A new share-repurchase plan, lower debt and margin-expansion commentary support the investment case. Truist maintained a Buy rating with a $250 price target, implying meaningful potential upside from recent trading levels. Truist raises Arrow Electronics price target
• Neutral Sentiment: Leadership change: Arrow appointed Deidra C. Merriwether as president and chief operating officer. The change could support execution, but investors may await more details on her priorities and expected impact. Arrow Electronics Appoints Deidra C. Merriwether
• Negative Sentiment: Third-quarter guidance implies sequential earnings moderation: Arrow forecast non-GAAP EPS of $4.83–$5.03 and revenue of $9.6–$10.2 billion. Although above consensus, the EPS outlook is below the latest quarter’s result, and investors appeared to expect a larger upgrade after the stock’s strong run.
• Negative Sentiment: Margin concerns persist: Partner restructuring charges continued to weigh on Enterprise Computing Solutions, while management acknowledged remaining pressure in parts of the business.
• Negative Sentiment: Insider selling may have added pressure: Quiver Quantitative reported 14 insider sales and no purchases during the past six months. Institutional positioning was mixed, with several large funds reducing their holdings.

Arrow Electronics Trading Down 8.4%

ARW stock opened at $203.51 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35. Arrow Electronics, Inc. has a twelve month low of $101.79 and a twelve month high of $237.33. The stock has a market capitalization of $10.41 billion, a price-to-earnings ratio of 13.00 and a beta of 1.20. The firm's fifty day simple moving average is $215.78 and its two-hundred day simple moving average is $180.65.

Arrow Electronics (NYSE:ARW - Get Free Report) last released its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.63%. The firm had revenue of $9.99 billion during the quarter, compared to analyst estimates of $9.67 billion. During the same quarter last year, the business earned $2.43 EPS. The business's revenue was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, analysts anticipate that Arrow Electronics, Inc. will post 19.15 earnings per share for the current year.

Arrow Electronics declared that its board has approved a share buyback program on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the technology company to purchase up to 9.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

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.

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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.

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