Ruffer LLP Takes $12.27 Million Position in Arrow Electronics, Inc. $ARW

Key Points

• Ruffer LLP invested approximately $12.27 million in Arrow Electronics, acquiring 96,253 shares during the 2nd quarter, which constitutes around 0.19% of the company.
• Arrow Electronics reported a 10% increase in quarterly revenue year-over-year, amounting to $7.58 billion, with earnings per share of $2.43, surpassing estimates.
• Several equities analysts have upgraded their ratings on Arrow Electronics, with Wall Street Zen moving their assessment from a "hold" to a "buy" rating recently.

Ruffer LLP bought a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 96,253 shares of the technology company's stock, valued at approximately $12,266,000. Ruffer LLP owned approximately 0.19% of Arrow Electronics as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ARW. ProShare Advisors LLC boosted its position in Arrow Electronics by 6.6% in the fourth quarter. ProShare Advisors LLC now owns 2,460 shares of the technology company's stock valued at $278,000 after buying an additional 152 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Arrow Electronics by 29.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 185,085 shares of the technology company's stock valued at $20,937,000 after buying an additional 42,290 shares in the last quarter. Vise Technologies Inc. acquired a new position in Arrow Electronics in the fourth quarter valued at about $283,000. Public Employees Retirement System of Ohio acquired a new position in Arrow Electronics in the fourth quarter valued at about $2,351,000. Finally, Forum Financial Management LP boosted its position in Arrow Electronics by 8.7% in the fourth quarter. Forum Financial Management LP now owns 1,872 shares of the technology company's stock valued at $212,000 after buying an additional 150 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Arrow Electronics Stock Performance

ARW opened at $121.04 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.39 and a quick ratio of 1.07. The company has a market cap of $6.23 billion, a price-to-earnings ratio of 13.69, a price-to-earnings-growth ratio of 0.57 and a beta of 1.09. The firm has a 50 day simple moving average of $125.02 and a 200 day simple moving average of $118.47. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week high of $137.80.

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

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Wall Street Zen raised shares of Arrow Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Bank of America boosted their target price 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 equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Reduce" and an average target price of $115.75.

Insider Buying and Selling at Arrow Electronics

In other Arrow Electronics news, CEO Sean J. Kerins purchased 8,630 shares of the company's stock in a transaction that occurred on Friday, August 1st. The stock was acquired at an average cost of $114.91 per share, with a total value of $991,673.30. Following the completion of the purchase, the chief executive officer directly owned 122,408 shares in the company, valued at approximately $14,065,903.28. This represents a 7.58% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is currently owned by company insiders.

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.

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