Blue Grotto Capital LLC Buys 48,968 Shares of Arrow Electronics, Inc. $ARW

Blue Grotto Capital LLC lifted its position in Arrow Electronics, Inc. (NYSE:ARW) by 42.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 165,468 shares of the technology company’s stock after acquiring an additional 48,968 shares during the quarter. Arrow Electronics accounts for 2.5% of Blue Grotto Capital LLC’s portfolio, making the stock its 17th largest position. Blue Grotto Capital LLC owned about 0.32% of Arrow Electronics worth $21,086,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Arrow Electronics by 12.3% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 821 shares of the technology company’s stock valued at $105,000 after purchasing an additional 90 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Arrow Electronics by 84.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock worth $28,000 after acquiring an additional 101 shares in the last quarter. Meritage Portfolio Management lifted its holdings in shares of Arrow Electronics by 4.3% during the 2nd quarter. Meritage Portfolio Management now owns 2,440 shares of the technology company’s stock valued at $311,000 after purchasing an additional 101 shares during the last quarter. Treasurer of the State of North Carolina boosted its holdings in Arrow Electronics by 0.5% in the second quarter. Treasurer of the State of North Carolina now owns 24,114 shares of the technology company’s stock worth $3,073,000 after acquiring an additional 111 shares in the last quarter. Finally, Tectonic Advisors LLC boosted its stake in Arrow Electronics by 2.5% in the 2nd quarter. Tectonic Advisors LLC now owns 4,657 shares of the technology company’s stock worth $593,000 after purchasing an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Wall Street Analyst Weigh In

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

Arrow Electronics Trading Down 1.4%

Shares of Arrow Electronics stock opened at $113.58 on Friday. The stock has a 50 day moving average of $113.23 and a 200 day moving average of $120.96. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.14 and a current ratio of 1.46. The firm has a market capitalization of $5.85 billion, a price-to-earnings ratio of 12.55, a PEG ratio of 1.05 and a beta of 1.04. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week high of $134.74.

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