Arrow Electronics (NYSE:ARW) Upgraded at Zacks Research

Zacks Research upgraded shares of Arrow Electronics (NYSE:ARW) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.

ARW has been the subject of a number of other research reports. Wells Fargo & Company raised their price target on shares of Arrow Electronics from $94.00 to $115.00 and gave the stock an “underweight” rating in a report on Friday, February 6th. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Truist Financial increased their price target on Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Arrow Electronics currently has a consensus rating of “Hold” and an average target price of $124.33.

Arrow Electronics Stock Up 1.1%

Shares of NYSE ARW opened at $157.68 on Monday. The stock has a market cap of $8.12 billion, a PE ratio of 14.41, a P/E/G ratio of 0.79 and a beta of 1.04. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 0.46. Arrow Electronics has a 12-month low of $86.50 and a 12-month high of $160.63. The company has a 50-day moving average of $120.59 and a 200 day moving average of $119.48.

Arrow Electronics (NYSE:ARW) last issued its earnings results on Thursday, February 5th. The technology company reported $4.39 earnings per share for the quarter, topping the consensus estimate of $3.55 by $0.84. The business had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.16 billion. Arrow Electronics had a return on equity of 9.01% and a net margin of 1.85%.The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.97 EPS. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. As a group, sell-side analysts predict that Arrow Electronics will post 10.57 EPS for the current fiscal year.

Hedge Funds Weigh In On Arrow Electronics

Several institutional investors have recently modified their holdings of ARW. Gateway Investment Advisers LLC boosted its holdings in Arrow Electronics by 3.8% in the fourth quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company’s stock valued at $251,000 after purchasing an additional 84 shares during the period. Geneos Wealth Management Inc. raised its position in Arrow Electronics by 25.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock valued at $56,000 after purchasing an additional 89 shares in the last quarter. Studio Investment Management LLC boosted its stake in shares of Arrow Electronics by 3.2% in the 4th quarter. Studio Investment Management LLC now owns 3,094 shares of the technology company’s stock valued at $341,000 after buying an additional 95 shares during the period. Hantz Financial Services Inc. grew its position in shares of Arrow Electronics by 17.6% during the fourth quarter. Hantz Financial Services Inc. now owns 667 shares of the technology company’s stock worth $73,000 after buying an additional 100 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of Arrow Electronics by 38.3% during the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the technology company’s stock worth $41,000 after buying an additional 102 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

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.