Arrow Electronics (NYSE:ARW) Share Price Breaks Above 200-Day Moving Average - What's Next?

Key Points

• Arrow Electronics shares broke above their 200-day moving average, reaching $227.24 and last trading near $225.54, compared with the 200-day average of $205.49.
• Analyst sentiment remains positive overall, with a consensus rating of “Moderate Buy” and an average price target of $233.25, although some firms recently lowered or maintained more cautious targets.
• The company reported strong quarterly results, with EPS of $5.45 beating estimates by $1.00 and revenue rising 31.8% year over year to $9.99 billion; institutional investors own 99.34% of the stock.

Arrow Electronics, Inc. (NYSE:ARW - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $205.49 and traded as high as $227.24. Arrow Electronics shares last traded at $225.5410, with a volume of 417,535 shares changing hands.

Wall Street Analyst Weigh In

ARW has been the subject of several research reports. Wall Street Zen lowered shares of Arrow Electronics from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 19th. Truist Financial dropped their target price on shares of Arrow Electronics from $260.00 to $250.00 and set a "buy" rating for the company in a research report on Friday, August 7th. Weiss Ratings raised shares of Arrow Electronics from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday. Wells Fargo & Company boosted their price target on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an "underweight" rating in a research report on Friday, August 7th. Finally, Raymond James Financial reiterated an "outperform" rating and set a $250.00 price target on shares of Arrow Electronics in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Arrow Electronics currently has an average rating of "Moderate Buy" and an average target price of $233.25.

Arrow Electronics Price Performance

The firm has a fifty day moving average price of $217.89 and a two-hundred day moving average price of $205.49. 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 $11.48 billion, a P/E ratio of 14.41, a P/E/G ratio of 0.33 and a beta of 1.16.

Arrow Electronics (NYSE:ARW - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $9.67 billion. During the same quarter in the previous year, the business posted $2.43 EPS. 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, analysts expect that Arrow Electronics, Inc. will post 21.24 EPS for the current year.

Insider Transactions at Arrow Electronics

In other Arrow Electronics news, SVP Carine Jean-Claude sold 1,000 shares of Arrow Electronics stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total value of $209,850.00. Following the completion of the transaction, the senior vice president directly owned 11,626 shares of the company's stock, valued at approximately $2,439,716.10. The trade was a 7.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.80% of the company's stock.

Institutional Investors Weigh In On Arrow Electronics

A number of institutional investors have recently made changes to their positions in ARW. Bayban bought a new stake in shares of Arrow Electronics in the 1st quarter worth $26,000. Keating Financial Advisory Services Inc. purchased a new position in shares of Arrow Electronics in the second quarter worth $28,000. Fiduciary Financial Advisors purchased a new position in shares of Arrow Electronics in the second quarter worth $33,000. Evergreen Advisors LLC purchased a new position in shares of Arrow Electronics in the first quarter worth $36,000. Finally, Jones Financial Companies Lllp bought a new position in shares of Arrow Electronics during the second quarter valued at $37,000. Hedge funds and other institutional investors own 99.34% of the company's stock.

Arrow Electronics Company Profile

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing products. The company connects manufacturers with industrial and commercial customers, supplying semiconductors, embedded components, and related technologies used in products such as automotive systems, communications equipment, industrial machinery, and consumer electronics.

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

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