Weiss Ratings Reiterates "Hold (C)" Rating for Arrow Electronics (NYSE:ARW)

Key Points

• Weiss Ratings has reiterated a "Hold (C)" rating for Arrow Electronics (NYSE:ARW), while other firms, such as Zacks Research and Wall Street Zen, have upgraded the stock to higher ratings.
• Arrow Electronics' shares fell by 0.9% to $120.00 during trading, with a market capitalization of $6.18 billion and a consensus price target of $115.75.
• Insider trading activity included CEO Sean J. Kerins purchasing 8,630 shares, increasing his ownership stake by 7.58%.

Arrow Electronics (NYSE:ARW - Get Free Report)'s stock had its "hold (c)" rating reissued by stock analysts at Weiss Ratings in a research note issued to investors on Friday,Weiss Ratings reports.

A number of other research firms have also issued reports on ARW. Zacks Research upgraded Arrow Electronics from a "hold" rating to a "strong-buy" rating in a research note on Thursday, October 16th. Wall Street Zen upgraded Arrow Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Arrow Electronics currently has a consensus rating of "Hold" and a consensus price target of $115.75.

Arrow Electronics Stock Down 0.9%

Shares of ARW stock traded down $1.11 during trading hours on Friday, reaching $120.00. The company had a trading volume of 376,810 shares, compared to its average volume of 537,535. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. Arrow Electronics has a twelve month low of $86.50 and a twelve month high of $137.80. The company has a market capitalization of $6.18 billion, a P/E ratio of 13.57, a price-to-earnings-growth ratio of 0.57 and a beta of 1.09. The stock's fifty day simple moving average is $123.10 and its 200 day simple moving average is $120.83.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted its earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.03 by $0.40. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The business had revenue of $7.58 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter last year, the firm earned $2.78 earnings per share. The company's revenue for the quarter 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, sell-side analysts expect that Arrow Electronics will post 10.57 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Arrow Electronics news, CEO Sean J. Kerins acquired 8,630 shares of the stock in a transaction on Friday, August 1st. The stock was purchased at an average price of $114.91 per share, for a total transaction of $991,673.30. Following the purchase, the chief executive officer directly owned 122,408 shares in the company, valued at $14,065,903.28. This trade represents a 7.58% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Boston Partners grew its position in shares of Arrow Electronics by 12.5% in the 2nd quarter. Boston Partners now owns 2,739,427 shares of the technology company's stock worth $348,518,000 after acquiring an additional 305,182 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Arrow Electronics by 130.9% in the 2nd quarter. AQR Capital Management LLC now owns 2,313,997 shares of the technology company's stock worth $294,873,000 after acquiring an additional 1,311,972 shares in the last quarter. ACR Alpine Capital Research LLC grew its position in shares of Arrow Electronics by 2,391.7% in the 2nd quarter. ACR Alpine Capital Research LLC now owns 2,156,373 shares of the technology company's stock worth $274,787,000 after acquiring an additional 2,069,832 shares in the last quarter. Sei Investments Co. grew its position in shares of Arrow Electronics by 0.8% in the 2nd quarter. Sei Investments Co. now owns 781,313 shares of the technology company's stock worth $99,558,000 after acquiring an additional 6,379 shares in the last quarter. Finally, DnB Asset Management AS grew its position in shares of Arrow Electronics by 23.4% in the 1st quarter. DnB Asset Management AS now owns 685,051 shares of the technology company's stock worth $71,129,000 after acquiring an additional 129,986 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company's stock.

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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