Pallas Capital Advisors LLC Acquires 9,990 Shares of Arrow Electronics, Inc. $ARW

Key Points

• Pallas Capital Advisors LLC increased its stake in Arrow Electronics, Inc. by 416.1% during the second quarter, bringing its total holdings to 12,391 shares valued at approximately $1.58 million.
• CEO Sean J. Kerins purchased 8,630 shares of Arrow Electronics stock at an average price of $114.91, which boosted his ownership by 7.58%.
• Analysts have mixed views on Arrow Electronics, with one upgrading the stock to a "buy" while the average rating remains at "reduce," and a current target price of $115.75.

Pallas Capital Advisors LLC raised its holdings in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 416.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,391 shares of the technology company's stock after purchasing an additional 9,990 shares during the quarter. Pallas Capital Advisors LLC's holdings in Arrow Electronics were worth $1,579,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of 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 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 in the 1st quarter valued at $501,000. Golden State Wealth Management LLC boosted its holdings in shares of Arrow Electronics by 111.7% in the 1st 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 in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Arrow Electronics in the 1st quarter valued at $356,000. Finally, OMNI 360 Wealth Inc. acquired a new stake in shares of Arrow Electronics in the 2nd quarter valued at $263,000. Institutional investors and hedge funds own 99.34% of the company's stock.

Insider Transactions at Arrow Electronics

In other Arrow Electronics news, CEO Sean J. Kerins bought 8,630 shares of the business's stock in a transaction dated 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 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.00% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Bank of America raised their price objective on 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 raised Arrow Electronics from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and an average price target of $115.75.

Arrow Electronics Stock Down 0.9%

Arrow Electronics stock traded down $1.09 during midday trading on Friday, reaching $121.75. The stock had a trading volume of 1,856,649 shares, compared to its average volume of 465,155. Arrow Electronics, Inc. has a 12 month low of $86.50 and a 12 month high of $137.80. The company has a market capitalization of $6.27 billion, a P/E ratio of 13.77, a PEG ratio of 0.58 and a beta of 1.09. The company has a fifty day moving average price of $125.60 and a two-hundred day moving average price of $118.18. 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 released its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.03 by $0.40. The business had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.12 billion. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The company's quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.78 EPS. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. As a group, equities analysts expect 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.