Arrow Electronics, Inc. $ARW Shares Bought by LPL Financial LLC

Key Points

• LPL Financial LLC increased its stake in Arrow Electronics by 7.8%, owning a total of 34,386 shares valued at approximately $3.57 million.
• In its latest quarterly earnings report, Arrow Electronics posted an EPS of $2.43, surpassing analysts' expectations of $2.03, and reported a revenue increase of 10% year-over-year, totaling $7.58 billion.
• CEO Sean J. Kerins bought 8,630 shares at an average price of $114.91, increasing his ownership by 7.58%, while other insiders also engaged in share transactions recently.

LPL Financial LLC boosted its stake in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 7.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,386 shares of the technology company's stock after buying an additional 2,475 shares during the quarter. LPL Financial LLC owned 0.07% of Arrow Electronics worth $3,570,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Arrow Electronics in the fourth quarter valued at approximately $5,137,000. Mariner LLC lifted its stake in Arrow Electronics by 15.4% in the fourth quarter. Mariner LLC now owns 5,342 shares of the technology company's stock worth $604,000 after acquiring an additional 711 shares during the last quarter. XTX Topco Ltd purchased a new position in Arrow Electronics in the fourth quarter worth approximately $365,000. Guggenheim Capital LLC lifted its stake in Arrow Electronics by 39.9% in the fourth quarter. Guggenheim Capital LLC now owns 3,376 shares of the technology company's stock worth $382,000 after acquiring an additional 963 shares during the last quarter. Finally, Farringdon Capital Ltd. purchased a new position in Arrow Electronics in the fourth quarter worth approximately $239,000. Hedge funds and other institutional investors own 99.34% of the company's stock.

Insider Buying and Selling at Arrow Electronics

In related news, CEO Sean J. Kerins bought 8,630 shares of the firm's stock in a transaction on Friday, August 1st. The shares were bought at an average cost of $114.91 per share, for a total transaction of $991,673.30. Following the transaction, the chief executive officer owned 122,408 shares of the company's stock, valued at approximately $14,065,903.28. This trade represents a 7.58% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Carine Lamercie Jean-Claude sold 2,660 shares of the business's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $124.64, for a total transaction of $331,542.40. Following the completion of the sale, the senior vice president owned 17,057 shares in the company, valued at $2,125,984.48. This 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.

Analyst Upgrades and Downgrades

ARW has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of Arrow Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Bank of America lifted their price target on shares of Arrow Electronics from $105.00 to $110.00 and gave the stock an "underperform" rating in a research note on Monday, June 9th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Arrow Electronics currently has an average rating of "Reduce" and an average target price of $115.75.

Arrow Electronics Stock Down 0.2%

ARW stock traded down $0.2410 during midday trading on Wednesday, reaching $125.0290. 555,625 shares of the company were exchanged, compared to its average volume of 531,754. 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 1-year low of $86.50 and a 1-year high of $137.80. The stock's 50-day simple moving average is $126.39 and its 200 day simple moving average is $115.67. The company has a market cap of $6.44 billion, a price-to-earnings ratio of 14.14, a price-to-earnings-growth ratio of 0.59 and a beta of 1.10.

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

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.