OMNI 360 Wealth Inc. Takes $263,000 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. acquired a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,063 shares of the technology company's stock, valued at approximately $263,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ARW. Alyeska Investment Group L.P. bought a new position in shares of Arrow Electronics during the first quarter valued at about $35,598,000. GAMMA Investing LLC lifted its holdings in shares of Arrow Electronics by 31,181.6% during the first quarter. GAMMA Investing LLC now owns 269,647 shares of the technology company's stock valued at $279,970,000 after purchasing an additional 268,785 shares during the last quarter. ARGA Investment Management LP grew its position in Arrow Electronics by 273.3% in the 1st quarter. ARGA Investment Management LP now owns 293,561 shares of the technology company's stock worth $30,480,000 after purchasing an additional 214,926 shares during the period. DnB Asset Management AS grew its position in Arrow Electronics by 23.4% in the 1st quarter. DnB Asset Management AS now owns 685,051 shares of the technology company's stock worth $71,129,000 after purchasing an additional 129,986 shares during the period. Finally, Tidal Investments LLC boosted its holdings in Arrow Electronics by 1,666.9% in the 4th quarter. Tidal Investments LLC now owns 127,620 shares of the technology company's stock worth $14,436,000 after buying an additional 120,397 shares during the period. Hedge funds and other institutional investors own 99.34% of the company's stock.

Arrow Electronics Trading Down 1.0%

Shares of NYSE ARW traded down $1.27 during midday trading on Friday, reaching $121.58. 259,588 shares of the stock were exchanged, compared to its average volume of 538,731. Arrow Electronics, Inc. has a 52-week low of $86.50 and a 52-week high of $137.80. The stock has a 50 day moving average price of $125.82 and a 200-day moving average price of $118.06. The company has a market capitalization of $6.26 billion, a P/E ratio of 13.75, a P/E/G ratio of 0.56 and a beta of 1.09. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37.

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

Wall Street Analyst Weigh In

ARW has been the topic of several analyst reports. Bank of America upped their price target on shares of Arrow Electronics from $105.00 to $110.00 and gave the company an "underperform" rating in a 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 research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Reduce" and an average target price of $115.75.

Insider Activity at Arrow Electronics

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