Arrow Electronics, Inc. $ARW Shares Sold by First Trust Advisors LP

First Trust Advisors LP lessened its stake in Arrow Electronics, Inc. (NYSE:ARW) by 19.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 197,169 shares of the technology company’s stock after selling 47,712 shares during the quarter. First Trust Advisors LP owned about 0.38% of Arrow Electronics worth $25,126,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Caxton Associates LLP purchased a new position in shares of Arrow Electronics in the 1st quarter worth about $501,000. Creative Planning increased its position in Arrow Electronics by 77.0% during the 2nd quarter. Creative Planning now owns 15,080 shares of the technology company’s stock worth $1,922,000 after purchasing an additional 6,558 shares in the last quarter. OMNI 360 Wealth Inc. purchased a new position in Arrow Electronics in the second quarter valued at approximately $263,000. Bayforest Capital Ltd raised its holdings in Arrow Electronics by 653.1% in the second quarter. Bayforest Capital Ltd now owns 6,650 shares of the technology company’s stock valued at $847,000 after buying an additional 5,767 shares during the period. Finally, LPL Financial LLC lifted its position in Arrow Electronics by 7.8% during the first quarter. LPL Financial LLC now owns 34,386 shares of the technology company’s stock valued at $3,570,000 after buying an additional 2,475 shares in the last quarter. 99.34% of the stock is owned by hedge funds and other institutional investors.

Arrow Electronics Stock Up 2.4%

Shares of Arrow Electronics stock opened at $116.38 on Thursday. Arrow Electronics, Inc. has a 1-year low of $86.50 and a 1-year high of $134.74. The company has a market capitalization of $5.99 billion, a PE ratio of 12.86, a P/E/G ratio of 1.04 and a beta of 1.04. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.46 and a quick ratio of 1.14. The business has a 50-day moving average of $113.53 and a 200-day moving average of $121.02.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $2.41 EPS for the quarter, topping the consensus estimate of $2.28 by $0.13. Arrow Electronics had a return on equity of 8.19% and a net margin of 1.62%.The business had revenue of $7.71 billion for the quarter, compared to analysts’ expectations of $7.67 billion. During the same quarter in the previous year, the firm posted $2.38 earnings per share. The company’s revenue was up 13.0% compared to the same quarter last year. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. As a group, equities analysts forecast that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently commented on ARW. Zacks Research downgraded shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Arrow Electronics in a report on Wednesday, October 8th. Wall Street Zen cut Arrow Electronics from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, Wells Fargo & Company lowered their target price on Arrow Electronics from $98.00 to $94.00 and set an “underweight” rating for the company in a research note on Friday, October 31st. Two research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $102.00.

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.