WINTON GROUP Ltd Acquires 18,763 Shares of Arrow Electronics, Inc. $ARW

Key Points

• WINTON GROUP Ltd increased its Arrow Electronics stake by 447% in the second quarter, purchasing 18,763 additional shares for a total holding of 22,961 shares valued at approximately $4.9 million.
• Institutional investors own 99.34% of Arrow Electronics, while analysts maintain a “Moderate Buy” consensus with an average price target of $233.25.
• Arrow Electronics exceeded quarterly expectations, reporting $5.45 in EPS versus the $4.45 estimate and $9.99 billion in revenue, up 31.8% year over year.

WINTON GROUP Ltd raised its holdings in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 447.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,961 shares of the technology company's stock after purchasing an additional 18,763 shares during the period. WINTON GROUP Ltd's holdings in Arrow Electronics were worth $4,900,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. MUFG Securities EMEA plc purchased a new position in Arrow Electronics in the 4th quarter worth about $14,544,000. Empowered Funds LLC boosted its holdings in shares of Arrow Electronics by 306.8% during the 1st quarter. Empowered Funds LLC now owns 36,928 shares of the technology company's stock valued at $5,296,000 after acquiring an additional 27,851 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Arrow Electronics by 307.9% in the second quarter. Assenagon Asset Management S.A. now owns 220,920 shares of the technology company's stock worth $47,147,000 after acquiring an additional 166,762 shares during the period. Intech Investment Management LLC grew its stake in shares of Arrow Electronics by 92.3% in the fourth quarter. Intech Investment Management LLC now owns 10,042 shares of the technology company's stock worth $1,106,000 after acquiring an additional 4,821 shares during the period. Finally, Atria Investments Inc raised its holdings in shares of Arrow Electronics by 48.0% during the fourth quarter. Atria Investments Inc now owns 80,092 shares of the technology company's stock valued at $8,825,000 after purchasing an additional 25,965 shares during the last quarter. Institutional investors own 99.34% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Weiss Ratings restated a "buy (b-)" rating on shares of Arrow Electronics in a research report on Friday, August 21st. Wall Street Zen upgraded shares of Arrow Electronics from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 25th. Zacks Research raised Arrow Electronics from a "hold" rating to a "strong-buy" rating in a report on Tuesday, September 1st. Raymond James Financial restated an "outperform" rating and issued a $250.00 price target on shares of Arrow Electronics in a research note on Friday, August 7th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $233.25.

Arrow Electronics Price Performance

Shares of NYSE:ARW opened at $213.09 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $10.85 billion, a PE ratio of 13.62, a price-to-earnings-growth ratio of 0.32 and a beta of 1.19. The firm's 50 day moving average price is $209.62 and its 200-day moving average price is $192.83. Arrow Electronics, Inc. has a twelve month low of $101.79 and a twelve month high of $237.33.

Arrow Electronics (NYSE:ARW - Get Free Report) last announced its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The company had revenue of $9.99 billion during the quarter, compared to analyst estimates of $9.67 billion. During the same period in the previous year, the business posted $2.43 earnings per share. The firm's quarterly 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. Equities research analysts expect that Arrow Electronics, Inc. will post 21.24 EPS for the current year.

Insider Activity

In other news, SVP Carine Jean-Claude sold 1,000 shares of the company's stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total value 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. This represents a 7.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.80% of the stock is currently owned by 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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