IFP Advisors Inc raised its stake in Arrow Electronics, Inc. (NYSE:ARW – Free Report) by 92.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,057 shares of the technology company’s stock after acquiring an additional 509 shares during the quarter. IFP Advisors Inc’s holdings in Arrow Electronics were worth $135,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in Arrow Electronics by 84.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock valued at $28,000 after acquiring an additional 101 shares during the period. Operose Advisors LLC acquired a new position in shares of Arrow Electronics during the 1st quarter worth approximately $31,000. Geneos Wealth Management Inc. grew its position in shares of Arrow Electronics by 68.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after purchasing an additional 143 shares in the last quarter. Golden State Wealth Management LLC grew its position in shares of Arrow Electronics by 111.7% during the 1st quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company’s stock worth $39,000 after purchasing an additional 200 shares in the last quarter. Finally, Quarry LP grew its position in shares of Arrow Electronics by 321.7% during 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. 99.34% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on ARW. Weiss Ratings restated a “hold (c)” rating on shares of Arrow Electronics in a research report on Wednesday, October 8th. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Finally, Wall Street Zen upgraded shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $115.75.
Arrow Electronics Stock Performance
Shares of Arrow Electronics stock opened at $119.10 on Friday. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week 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 $6.13 billion, a P/E ratio of 13.47, a P/E/G ratio of 0.56 and a beta of 1.09. The company’s 50 day moving average price is $123.20 and its two-hundred day moving average price is $120.19.
Arrow Electronics (NYSE:ARW – Get Free Report) last issued its earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter last year, the business posted $2.78 earnings per share. The company’s quarterly 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. On average, equities analysts forecast that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.
Insider Activity at Arrow Electronics
In other Arrow Electronics news, CEO Sean J. Kerins purchased 8,630 shares of the business’s stock in a transaction dated Friday, August 1st. The shares were bought at an average price 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 trade represents a 7.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.00% of the company’s stock.
Arrow Electronics 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.
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