Voya Investment Management LLC raised its position in Arrow Electronics, Inc. (NYSE:ARW – Free Report) by 26.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 19,908 shares of the technology company’s stock after acquiring an additional 4,151 shares during the period. Voya Investment Management LLC’s holdings in Arrow Electronics were worth $2,067,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in ARW. ProShare Advisors LLC lifted its holdings in shares of Arrow Electronics by 6.6% in the fourth quarter. ProShare Advisors LLC now owns 2,460 shares of the technology company’s stock valued at $278,000 after purchasing an additional 152 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Arrow Electronics by 29.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 185,085 shares of the technology company’s stock valued at $20,937,000 after purchasing an additional 42,290 shares in the last quarter. Vise Technologies Inc. bought a new position in shares of Arrow Electronics in the fourth quarter valued at approximately $283,000. Public Employees Retirement System of Ohio bought a new position in shares of Arrow Electronics in the fourth quarter valued at approximately $2,351,000. Finally, Forum Financial Management LP lifted its holdings in shares of Arrow Electronics by 8.7% in the fourth quarter. Forum Financial Management LP now owns 1,872 shares of the technology company’s stock valued at $212,000 after purchasing an additional 150 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.
Insider Buying and Selling
In other Arrow Electronics news, CEO Sean J. Kerins bought 8,630 shares of Arrow Electronics stock in a transaction that occurred on Friday, August 1st. The stock was acquired at an average cost of $114.91 per share, for a total transaction of $991,673.30. Following the completion of the transaction, the chief executive officer directly owned 122,408 shares in the company, valued at $14,065,903.28. This represents a 7.58% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 0.80% of the stock is currently owned by insiders.
Arrow Electronics Price Performance
Arrow Electronics (NYSE:ARW – Get Free Report) last posted its 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 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 analysts’ expectations of $7.12 billion. During the same period in the previous year, the business earned $2.78 earnings per share. The firm’s revenue was up 10.0% on a year-over-year basis. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. Equities research analysts anticipate that Arrow Electronics, Inc. will post 10.57 earnings per share for the current year.
Analyst Ratings Changes
A number of research analysts have recently weighed in on ARW shares. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Bank of America raised their target price on Arrow Electronics from $105.00 to $110.00 and gave the company an “underperform” rating in a report on Monday, June 9th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Arrow Electronics presently has an average rating of “Reduce” and an average target price of $115.75.
Check Out Our Latest Stock Analysis on ARW
About Arrow Electronics
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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