Public Employees Retirement System of Ohio Buys 1,490 Shares of Arrow Electronics, Inc. $ARW

Public Employees Retirement System of Ohio raised its stake in Arrow Electronics, Inc. (NYSE:ARW) by 7.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,459 shares of the technology company’s stock after buying an additional 1,490 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Arrow Electronics were worth $2,607,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. DnB Asset Management AS lifted its stake in Arrow Electronics by 23.4% in the first quarter. DnB Asset Management AS now owns 685,051 shares of the technology company’s stock valued at $71,129,000 after buying an additional 129,986 shares in the last quarter. Northern Trust Corp lifted its stake in Arrow Electronics by 6.3% in the first quarter. Northern Trust Corp now owns 672,375 shares of the technology company’s stock valued at $69,813,000 after buying an additional 40,120 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Arrow Electronics by 2.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 509,679 shares of the technology company’s stock valued at $52,920,000 after buying an additional 10,772 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in Arrow Electronics by 1.7% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 369,940 shares of the technology company’s stock valued at $38,411,000 after buying an additional 6,293 shares in the last quarter. Finally, Alyeska Investment Group L.P. bought a new position in Arrow Electronics in the first quarter valued at approximately $35,598,000. Institutional investors own 99.34% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on ARW. Wall Street Zen upgraded shares of Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Bank of America lifted their price objective on shares of Arrow Electronics from $105.00 to $110.00 and gave the company 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. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $115.75.

Insiders Place Their Bets

In other news, CEO Sean J. Kerins bought 8,630 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were acquired at an average cost of $114.91 per share, for a total transaction of $991,673.30. Following the completion of the acquisition, the chief executive officer owned 122,408 shares in the company, valued at approximately $14,065,903.28. This represents a 7.58% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.00% of the company’s stock.

Arrow Electronics Price Performance

NYSE ARW opened at $121.69 on Thursday. The company has a market capitalization of $6.27 billion, a PE ratio of 13.77, a price-to-earnings-growth ratio of 0.57 and a beta of 1.10. Arrow Electronics, Inc. has a 12-month low of $86.50 and a 12-month high of $137.80. The firm’s 50 day moving average is $124.02 and its 200-day moving average is $119.04. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37.

Arrow Electronics (NYSE:ARW) last issued its earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.40. The business had revenue of $7.58 billion for the quarter, compared to the consensus estimate of $7.12 billion. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.78 earnings per share. 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 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.