VIRGINIA RETIREMENT SYSTEMS ET Al Acquires New Position in Arrow Electronics, Inc. $ARW

Key Points

• Virginia Retirement Systems acquired 14,036 shares of Arrow Electronics valued at approximately $3.0 million in the second quarter. Institutional investors collectively own 99.34% of the company.
• Arrow Electronics reported a strong quarter, with EPS of $5.45 beating estimates by $1.00 and revenue of $9.99 billion rising 31.8% year over year. The company issued third-quarter 2026 EPS guidance of $4.83 to $5.03.
• Analysts maintain a generally positive outlook, with Arrow holding a consensus “Moderate Buy” rating and an average price target of $233.25, compared with a recent share price of $213.09.

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Arrow Electronics, Inc. (NYSE:ARW - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 14,036 shares of the technology company's stock, valued at approximately $2,995,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. California State Teachers Retirement System increased its position in shares of Arrow Electronics by 20,912.3% during the second quarter. California State Teachers Retirement System now owns 12,621,067 shares of the technology company's stock valued at $2,693,462,000 after acquiring an additional 12,561,002 shares in the last quarter. BlackRock Inc. bought a new position in Arrow Electronics in the 2nd quarter valued at approximately $1,070,534,000. Bank of America Corp DE purchased a new stake in Arrow Electronics during the 2nd quarter valued at $270,981,000. ACR Alpine Capital Research LLC increased its holdings in shares of Arrow Electronics by 42.6% in the 4th quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company's stock worth $379,635,000 after purchasing an additional 1,028,778 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Arrow Electronics by 37.7% in the 3rd quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company's stock worth $384,818,000 after purchasing an additional 871,585 shares in the last quarter. Institutional investors own 99.34% of the company's stock.

Arrow Electronics Price Performance

NYSE ARW opened at $213.09 on Friday. The stock has a market capitalization of $10.85 billion, a price-to-earnings ratio of 13.62, a PEG ratio of 0.32 and a beta of 1.19. Arrow Electronics, Inc. has a 1-year low of $101.79 and a 1-year high of $237.33. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.22 and a quick ratio of 1.01. The business's fifty day moving average price is $209.62 and its 200-day moving average price is $192.83.

Arrow Electronics (NYSE:ARW - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The company had revenue of $9.99 billion during the quarter, compared to analyst estimates of $9.67 billion. During the same quarter in the previous year, the company posted $2.43 earnings per share. Arrow Electronics's revenue was up 31.8% compared to the same quarter last year. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, equities analysts predict that Arrow Electronics, Inc. will post 21.24 earnings per share for the current year.

Wall Street Analyst Weigh In

ARW has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Arrow Electronics in a report on Friday, August 21st. Wells Fargo & Company lifted their price objective on Arrow Electronics from $175.00 to $200.00 and gave the stock an "underweight" rating in a report on Friday, August 7th. Zacks Research raised Arrow Electronics from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 1st. Raymond James Financial restated an "outperform" rating and set a $250.00 target price on shares of Arrow Electronics in a research note on Friday, August 7th. Finally, Truist Financial dropped their price target on shares of Arrow Electronics from $260.00 to $250.00 and set a "buy" rating on the stock in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Arrow Electronics presently has a consensus rating of "Moderate Buy" and a consensus target price of $233.25.

Insider Activity

In other Arrow Electronics news, SVP Carine Jean-Claude sold 1,000 shares of the business's stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total transaction of $209,850.00. Following the completion of the sale, the senior vice president directly owned 11,626 shares in the company, valued at $2,439,716.10. The trade was a 7.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.

Arrow Electronics Profile

Arrow Electronics, Inc is a global technology distributor that connects electronic component manufacturers with original equipment manufacturers, contract manufacturers and other commercial customers. The company supplies semiconductors, passive components, electromechanical products and related embedded technologies used in products across industries such as communications, industrial, automotive, aerospace and defense, and consumer electronics.

Through its enterprise computing solutions business, Arrow also provides information-technology products and services, including data-center and cloud solutions, software, security, storage, networking and professional services.

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