OMNI 360 Wealth Inc. Takes Position in Arrow Electronics, Inc. $ARW

Key Points

• OMNI 360 Wealth Inc. has acquired a new position in Arrow Electronics, Inc. during the second quarter, purchasing 2,063 shares valued at approximately $263,000.
• CEO Sean J. Kerins bought 8,630 shares at $114.91 each, increasing his stake in the company by 7.58% to a total of 122,408 shares.
• Arrow Electronics reported beating earnings estimates last quarter with $2.43 EPS, compared to the expected $2.03, alongside a revenue of $7.58 billion, which was above projections.

OMNI 360 Wealth Inc. purchased a new position in Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,063 shares of the technology company's stock, valued at approximately $263,000.

Other hedge funds have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its stake in Arrow Electronics by 33.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,864 shares of the technology company's stock worth $1,232,000 after acquiring an additional 2,982 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in shares of 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 purchasing an additional 200 shares during the period. SG Americas Securities LLC acquired a new position in shares of Arrow Electronics in the first quarter valued at about $356,000. GAMMA Investing LLC raised its stake in shares of Arrow Electronics by 201.3% in the first quarter. GAMMA Investing LLC now owns 2,597 shares of the technology company's stock worth $270,000 after purchasing an additional 1,735 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Arrow Electronics by 7.8% during the first quarter. LPL Financial LLC now owns 34,386 shares of the technology company's stock worth $3,570,000 after purchasing an additional 2,475 shares during the period. Institutional investors and hedge funds own 99.34% of the company's stock.

Insider Transactions at Arrow Electronics

In related news, CEO Sean J. Kerins bought 8,630 shares of the stock in a transaction dated Friday, August 1st. The shares were acquired at an average cost of $114.91 per share, for a total transaction of $991,673.30. Following the acquisition, the chief executive officer directly owned 122,408 shares in the company, valued at approximately $14,065,903.28. This trade represents a 7.58% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.80% of the company's stock.

Analyst Ratings Changes

ARW has been the topic of a number of research reports. Bank of America increased their price objective 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. Wall Street Zen raised shares of Arrow Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Reduce" and an average price target of $115.75.

Arrow Electronics Trading Down 0.7%

Shares of Arrow Electronics stock opened at $128.41 on Monday. Arrow Electronics, Inc. has a twelve month low of $86.50 and a twelve month high of $137.80. The firm's 50-day moving average price is $126.45 and its 200 day moving average price is $117.73. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $6.61 billion, a PE ratio of 14.53, a P/E/G ratio of 0.61 and a beta of 1.09.

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

Arrow Electronics Company 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.

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