HB Wealth Management LLC Invests $243,000 in Arrow Electronics, Inc. $ARW

HB Wealth Management LLC bought a new position in shares of Arrow Electronics, Inc. (NYSE:ARW) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,904 shares of the technology company’s stock, valued at approximately $243,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its holdings in Arrow Electronics by 84.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock valued at $28,000 after buying an additional 101 shares in the last quarter. Operose Advisors LLC purchased a new position in Arrow Electronics during the first quarter valued at $31,000. Geneos Wealth Management Inc. grew its stake in Arrow Electronics by 68.1% during the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after acquiring an additional 143 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in Arrow Electronics by 111.7% in the 1st quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company’s stock valued at $39,000 after acquiring an additional 200 shares during the last quarter. Finally, Quarry LP lifted its stake in Arrow Electronics by 321.7% in the 1st quarter. Quarry LP now owns 388 shares of the technology company’s stock worth $40,000 after purchasing an additional 296 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

Arrow Electronics Stock Down 2.6%

NYSE ARW opened at $119.73 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37. The company has a fifty day moving average of $123.49 and a two-hundred day moving average of $119.55. The firm has a market capitalization of $6.17 billion, a price-to-earnings ratio of 13.54, a PEG ratio of 0.58 and a beta of 1.09. Arrow Electronics, Inc. has a 52 week low of $86.50 and a 52 week high of $137.80.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, July 31st. The technology company reported $2.43 EPS for the quarter, topping the consensus estimate of $2.03 by $0.40. The company had revenue of $7.58 billion during the quarter, compared to analyst estimates of $7.12 billion. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. Arrow Electronics’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.78 earnings per share. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. On average, analysts predict 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 the company. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Arrow Electronics in a research note on Saturday, September 27th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Arrow Electronics currently has an average rating of “Reduce” and a consensus price target of $115.75.

Insider Buying and Selling

In other news, CEO Sean J. Kerins acquired 8,630 shares of the company’s stock in a transaction on Friday, August 1st. The stock was bought at an average cost of $114.91 per share, with a total value of $991,673.30. Following the completion of the purchase, the chief executive officer directly owned 122,408 shares of the company’s stock, valued at $14,065,903.28. This represents a 7.58% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.80% of the stock is owned by insiders.

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.