State of Alaska Department of Revenue Purchases 6,808 Shares of Arrow Electronics, Inc. $ARW

State of Alaska Department of Revenue boosted its position in Arrow Electronics, Inc. (NYSE:ARW) by 19.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 41,195 shares of the technology company’s stock after acquiring an additional 6,808 shares during the period. State of Alaska Department of Revenue owned 0.08% of Arrow Electronics worth $4,984,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its stake in shares of Arrow Electronics by 84.2% in the second quarter. Farther Finance Advisors LLC now owns 221 shares of the technology company’s stock worth $28,000 after purchasing an additional 101 shares in the last quarter. True Wealth Design LLC boosted its holdings in Arrow Electronics by 660.0% in the 2nd quarter. True Wealth Design LLC now owns 266 shares of the technology company’s stock worth $34,000 after buying an additional 231 shares during the period. Hantz Financial Services Inc. boosted its holdings in Arrow Electronics by 1,547.1% in the 2nd quarter. Hantz Financial Services Inc. now owns 280 shares of the technology company’s stock worth $36,000 after buying an additional 263 shares during the period. Geneos Wealth Management Inc. grew its stake in Arrow Electronics by 68.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after buying an additional 143 shares in the last quarter. Finally, CoreFirst Bank & Trust bought a new stake in Arrow Electronics during the 2nd quarter valued at $62,000. 99.34% of the stock is owned by hedge funds and other institutional investors.

Arrow Electronics Price Performance

Arrow Electronics stock opened at $114.95 on Monday. The stock has a market cap of $5.92 billion, a price-to-earnings ratio of 12.70, a PEG ratio of 0.90 and a beta of 1.03. The company has a quick ratio of 1.14, a current ratio of 1.46 and a debt-to-equity ratio of 0.48. The business has a 50-day simple moving average of $110.92 and a 200 day simple moving average of $119.55. Arrow Electronics, Inc. has a 52 week low of $86.50 and a 52 week high of $134.74.

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

Wall Street Analyst Weigh In

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

Arrow Electronics Company Profile

Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.

In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.