Kaufman Rossin Wealth LLC Takes Position in Arrow Electronics, Inc. $ARW

Key Points

• Kaufman Rossin Wealth LLC has invested approximately $263,000 in Arrow Electronics by acquiring 2,060 shares during the second quarter.
• CEO Sean J. Kerins increased his stake in the company by purchasing 8,630 shares for about $991,673, raising his total ownership to approximately $14.07 million.
• Arrow Electronics recently reported earnings of $2.43 EPS, exceeding analyst estimates, along with a revenue of $7.58 billion for the quarter.

Kaufman Rossin Wealth LLC bought a new position in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,060 shares of the technology company's stock, valued at approximately $263,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its holdings in Arrow Electronics by 33.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,864 shares of the technology company's stock valued at $1,232,000 after purchasing an additional 2,982 shares in the last quarter. Caxton Associates LLP acquired a new stake in shares of Arrow Electronics during the first quarter worth $501,000. Golden State Wealth Management LLC grew its stake in Arrow Electronics by 111.7% in the first quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company's stock valued at $39,000 after acquiring an additional 200 shares during the period. SG Americas Securities LLC acquired a new position in Arrow Electronics in the first quarter valued at about $356,000. Finally, OMNI 360 Wealth Inc. acquired a new position in Arrow Electronics in the second quarter valued at about $263,000. 99.34% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Arrow Electronics

In other Arrow Electronics news, CEO Sean J. Kerins acquired 8,630 shares of the company's stock in a transaction on Friday, August 1st. The shares were purchased at an average price of $114.91 per share, for a total transaction of $991,673.30. Following the completion of the purchase, the chief executive officer directly owned 122,408 shares of the company's stock, valued at approximately $14,065,903.28. This represents a 7.58% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.80% of the stock is owned by corporate insiders.

Arrow Electronics Stock Up 0.1%

ARW traded up $0.12 on Monday, hitting $121.84. 666,060 shares of the company were exchanged, compared to its average volume of 538,440. Arrow Electronics, Inc. has a 12 month low of $86.50 and a 12 month high of $137.80. The company has a market cap of $6.27 billion, a PE ratio of 12.71, a PEG ratio of 0.58 and a beta of 1.09. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. The stock's fifty day moving average is $125.40 and its 200-day moving average is $118.44.

Arrow Electronics (NYSE:ARW - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The technology company reported $2.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.40. The firm had revenue of $7.58 billion for the quarter, compared to analyst estimates of $7.12 billion. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The business's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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 fiscal year.

Analyst Upgrades and Downgrades

ARW has been the topic of a number of research reports. Wall Street Zen upgraded Arrow Electronics from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. Bank of America boosted their price target on Arrow Electronics from $105.00 to $110.00 and gave the company an "underperform" rating in a report on Monday, June 9th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price of $115.75.

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.