Raymond James Financial Inc. Increases Holdings in Arrow Electronics, Inc. $ARW

Raymond James Financial Inc. lifted its position in Arrow Electronics, Inc. (NYSE:ARW) by 2.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,510 shares of the technology company’s stock after purchasing an additional 1,095 shares during the quarter. Raymond James Financial Inc. owned about 0.09% of Arrow Electronics worth $4,829,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. American Century Companies Inc. raised its position in Arrow Electronics by 90.8% during the first quarter. American Century Companies Inc. now owns 192,221 shares of the technology company’s stock valued at $19,958,000 after acquiring an additional 91,496 shares in the last quarter. Ethic Inc. raised its position in Arrow Electronics by 1.4% during the first quarter. Ethic Inc. now owns 14,297 shares of the technology company’s stock valued at $1,476,000 after acquiring an additional 196 shares in the last quarter. English Capital Management LLC raised its position in Arrow Electronics by 2.7% during the first quarter. English Capital Management LLC now owns 73,875 shares of the technology company’s stock valued at $7,670,000 after acquiring an additional 1,948 shares in the last quarter. Russell Investments Group Ltd. raised its position in Arrow Electronics by 73.1% during the first quarter. Russell Investments Group Ltd. now owns 84,876 shares of the technology company’s stock valued at $8,813,000 after acquiring an additional 35,856 shares in the last quarter. Finally, AIA Group Ltd raised its position in Arrow Electronics by 87.8% during the first quarter. AIA Group Ltd now owns 6,240 shares of the technology company’s stock valued at $648,000 after acquiring an additional 2,918 shares in the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 2,660 shares of the business’s stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $124.64, for a total transaction of $331,542.40. Following the transaction, the senior vice president owned 17,057 shares of the company’s stock, valued at approximately $2,125,984.48. The trade was a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sean J. Kerins acquired 8,630 shares of the stock in a transaction on Friday, August 1st. The shares were bought at an average cost 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 of the company’s stock, valued at $14,065,903.28. The trade was a 7.58% increase in their position. The disclosure for this purchase can be found here. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Bank of America boosted their price objective on Arrow Electronics from $105.00 to $110.00 and gave the company an “underperform” rating in a research report on Monday, June 9th. One research 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. According to MarketBeat, Arrow Electronics has a consensus rating of “Reduce” and a consensus price target of $115.75.

Arrow Electronics Stock Performance

Shares of NYSE:ARW opened at $126.80 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.39 and a quick ratio of 1.07. The business’s 50 day moving average price is $126.78 and its 200-day moving average price is $116.95. The firm has a market capitalization of $6.53 billion, a PE ratio of 14.34, a P/E/G ratio of 0.59 and a beta of 1.09. Arrow Electronics, Inc. has a 1 year low of $86.50 and a 1 year high of $137.80.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.03 by $0.40. The firm had revenue of $7.58 billion for the quarter, compared to analyst estimates of $7.12 billion. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The business’s revenue was up 10.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.78 earnings per share. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. As a group, equities research analysts expect that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal 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.