Quantbot Technologies LP Purchases Shares of 15,301 Arrow Electronics, Inc. $ARW

Key Points

• Quantbot Technologies LP has acquired a new stake in Arrow Electronics, purchasing 15,301 shares valued at approximately $1,589,000 during the first quarter.
• During the same period, several large investors significantly increased their stakes in Arrow Electronics, with Bank of America Corp DE boosting its holdings by 163.7%.
• Arrow Electronics reported better-than-expected earnings of $2.43 per share for the last quarter, exceeding analysts' estimates of $2.03, and its revenue increased by 10% year-over-year.

Quantbot Technologies LP bought a new position in Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 15,301 shares of the technology company's stock, valued at approximately $1,589,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Northern Trust Corp boosted its stake in shares of Arrow Electronics by 6.3% in the 1st quarter. Northern Trust Corp now owns 672,375 shares of the technology company's stock worth $69,813,000 after buying an additional 40,120 shares during the last quarter. Brooklyn Investment Group boosted its stake in shares of Arrow Electronics by 1,689.6% in the 1st quarter. Brooklyn Investment Group now owns 3,275 shares of the technology company's stock worth $340,000 after buying an additional 3,092 shares during the last quarter. Algert Global LLC purchased a new position in shares of Arrow Electronics in the 1st quarter worth approximately $1,155,000. Raymond James Financial Inc. boosted its stake in shares of Arrow Electronics by 2.4% in the 1st quarter. Raymond James Financial Inc. now owns 46,510 shares of the technology company's stock worth $4,829,000 after buying an additional 1,095 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Arrow Electronics by 90.8% in the 1st quarter. American Century Companies Inc. now owns 192,221 shares of the technology company's stock worth $19,958,000 after buying an additional 91,496 shares during the last quarter. Hedge funds and other institutional investors own 99.34% of the company's stock.

Arrow Electronics Stock Performance

ARW stock traded down $1.15 during midday trading on Thursday, reaching $126.63. 81,236 shares of the company's stock traded hands, compared to its average volume of 542,760. The company has a 50-day moving average price of $126.79 and a two-hundred day moving average price of $116.22. 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 52 week low of $86.50 and a 52 week high of $137.80. The firm has a market capitalization of $6.52 billion, a PE ratio of 14.34, a price-to-earnings-growth ratio of 0.60 and a beta of 1.10.

Arrow Electronics (NYSE:ARW - Get Free Report) last issued its 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 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 business's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.78 EPS. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. As a group, equities analysts anticipate that Arrow Electronics, Inc. will post 10.57 EPS for the current year.

Insider Buying and Selling at Arrow Electronics

In related news, SVP Carine Lamercie Jean-Claude sold 2,660 shares of the company's stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $124.64, for a total value of $331,542.40. Following the completion of the transaction, the senior vice president directly owned 17,057 shares in the company, valued at approximately $2,125,984.48. The trade was a 13.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sean J. Kerins bought 8,630 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average price of $114.91 per share, with a total value 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 $14,065,903.28. This represents a 7.58% increase in their position. The disclosure for this purchase can be found here. 1.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ARW shares. Wall Street Zen upgraded 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 report on Monday, June 9th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus price target of $115.75.

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.