Parallel Advisors LLC Boosts Stake in Arrow Electronics, Inc. $ARW

Parallel Advisors LLC increased its stake in shares of Arrow Electronics, Inc. (NYSE:ARW) by 79.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 2,034 shares of the technology company’s stock after purchasing an additional 902 shares during the period. Parallel Advisors LLC’s holdings in Arrow Electronics were worth $259,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Greenhaven Associates Inc. boosted its position in shares of Arrow Electronics by 0.5% during the 1st quarter. Greenhaven Associates Inc. now owns 1,913,757 shares of the technology company’s stock worth $198,705,000 after purchasing an additional 8,900 shares during the period. DnB Asset Management AS boosted its position in shares of Arrow Electronics by 23.4% during the 1st quarter. DnB Asset Management AS now owns 685,051 shares of the technology company’s stock worth $71,129,000 after purchasing an additional 129,986 shares during the period. Northern Trust Corp boosted its position in shares of Arrow Electronics by 6.3% during the 1st quarter. Northern Trust Corp now owns 672,375 shares of the technology company’s stock worth $69,813,000 after purchasing an additional 40,120 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Arrow Electronics by 2.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 509,679 shares of the technology company’s stock worth $52,920,000 after purchasing an additional 10,772 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in shares of Arrow Electronics by 1.7% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 369,940 shares of the technology company’s stock worth $38,411,000 after purchasing an additional 6,293 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Insider Buying and Selling

In related news, CEO Sean J. Kerins purchased 8,630 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The shares were purchased 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 ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.80% of the stock is owned by corporate insiders.

Arrow Electronics Price Performance

Shares of NYSE:ARW opened at $121.75 on Monday. The company’s fifty day moving average price is $125.60 and its 200 day moving average price is $118.35. Arrow Electronics, Inc. has a 12 month low of $86.50 and a 12 month high of $137.80. 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 firm has a market capitalization of $6.27 billion, a P/E ratio of 13.77, a P/E/G ratio of 0.58 and a beta of 1.09.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 EPS for the quarter, topping the consensus estimate of $2.03 by $0.40. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The firm had revenue of $7.58 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period last year, the business earned $2.78 EPS. Arrow Electronics’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 predict that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on ARW. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Bank of America increased their target price on shares of Arrow Electronics from $105.00 to $110.00 and gave the stock an “underperform” rating in a report on Monday, June 9th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $115.75.

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.