UMB Bank n.a. Has $136,000 Stake in Arrow Electronics, Inc. $ARW

Key Points

• UMB Bank n.a. has reduced its stake in Arrow Electronics, Inc. by 68.0%, owning now 1,065 shares valued at $136,000.
• CEO Sean J. Kerins increased his stake in Arrow Electronics by purchasing 8,630 shares for approximately $991,673, raising his ownership by 7.58%.
• Arrow Electronics reported a quarterly earnings per share of $2.43, surpassing the consensus estimate by $0.40, with revenue of $7.58 billion.

UMB Bank n.a. reduced its holdings in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 68.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,065 shares of the technology company's stock after selling 2,263 shares during the period. UMB Bank n.a.'s holdings in Arrow Electronics were worth $136,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Alyeska Investment Group L.P. acquired a new position in Arrow Electronics during the first quarter worth $35,598,000. GAMMA Investing LLC increased its holdings in shares of Arrow Electronics by 31,181.6% in 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 lifted its position in Arrow Electronics by 273.3% during the first quarter. ARGA Investment Management LP now owns 293,561 shares of the technology company's stock worth $30,480,000 after acquiring an additional 214,926 shares during the last quarter. DnB Asset Management AS grew its holdings 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 valued at $71,129,000 after buying an additional 129,986 shares in the last quarter. Finally, Nuveen LLC acquired a new position in shares of Arrow Electronics in the first quarter valued at about $11,634,000. 99.34% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Sean J. Kerins acquired 8,630 shares of the firm'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 completion of the acquisition, the chief executive officer owned 122,408 shares in the company, valued at approximately $14,065,903.28. This represents a 7.58% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.00% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on ARW. Wall Street Zen raised Arrow Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Bank of America raised their price objective 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. One analyst has rated the stock with a Buy rating, one has assigned 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 a consensus target price of $115.75.

Arrow Electronics Price Performance

ARW opened at $121.04 on Thursday. Arrow Electronics, Inc. has a twelve month low of $86.50 and a twelve month high of $137.80. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37. The company's 50-day moving average price is $125.02 and its two-hundred day moving average price is $118.47. The stock has a market cap of $6.23 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 0.57 and a beta of 1.09.

Arrow Electronics (NYSE:ARW - Get Free Report) last announced its quarterly 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 company had revenue of $7.58 billion during the quarter, compared to analysts' expectations of $7.12 billion. During the same period in the previous year, the business earned $2.78 earnings per share. The firm'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. As a group, equities analysts expect that Arrow Electronics, Inc. will post 10.57 earnings per share for the current 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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