Arrow Electronics, Inc. (NYSE:ARW – Get Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $118.88 and traded as high as $119.58. Arrow Electronics shares last traded at $118.3260, with a volume of 327,196 shares trading hands.
Analysts Set New Price Targets
ARW has been the subject of a number of research reports. Wall Street Zen lowered shares of Arrow Electronics from a “buy” rating to a “hold” rating in a research note 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 report on Friday, October 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Arrow Electronics in a research report on Wednesday, October 8th. Finally, Zacks Research downgraded Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 14th. Two equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Arrow Electronics currently has a consensus rating of “Reduce” and a consensus price target of $102.00.
Arrow Electronics Stock Performance
Arrow Electronics (NYSE:ARW – Get Free Report) last posted its earnings results on Thursday, October 30th. The technology company reported $2.41 earnings per share for the quarter, beating 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 company had revenue of $7.71 billion for the quarter, compared to analyst estimates of $7.67 billion. During the same period last year, the company earned $2.38 earnings per share. The business’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. Sell-side analysts anticipate that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Arrow Electronics
A number of large investors have recently added to or reduced their stakes in ARW. Vanguard Group Inc. raised its position in shares of Arrow Electronics by 3.5% in the third quarter. Vanguard Group Inc. now owns 6,085,440 shares of the technology company’s stock valued at $736,338,000 after purchasing an additional 204,024 shares during the period. AQR Capital Management LLC raised its holdings in Arrow Electronics by 37.7% in the 3rd quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock worth $384,818,000 after acquiring an additional 871,585 shares during the period. Boston Partners lifted its position in Arrow Electronics by 12.5% during the 2nd quarter. Boston Partners now owns 2,739,427 shares of the technology company’s stock worth $348,518,000 after acquiring an additional 305,182 shares during the last quarter. ACR Alpine Capital Research LLC lifted its position in Arrow Electronics by 12.1% during the 3rd quarter. ACR Alpine Capital Research LLC now owns 2,416,815 shares of the technology company’s stock worth $292,435,000 after acquiring an additional 260,442 shares during the last quarter. Finally, Earnest Partners LLC boosted its holdings in Arrow Electronics by 0.3% during the third quarter. Earnest Partners LLC now owns 1,479,482 shares of the technology company’s stock valued at $179,017,000 after acquiring an additional 5,068 shares during the period. Institutional investors own 99.34% of the company’s stock.
About Arrow Electronics
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.
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