AIA Group Ltd increased its position in shares of Arrow Electronics, Inc. (NYSE:ARW – Free Report) by 66.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,103 shares of the technology company’s stock after purchasing an additional 4,433 shares during the quarter. AIA Group Ltd’s holdings in Arrow Electronics were worth $1,343,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of ARW. Root Financial Partners LLC acquired a new position in Arrow Electronics during the third quarter valued at $26,000. Winnow Wealth LLC acquired a new position in shares of Arrow Electronics in the 3rd quarter valued at about $26,000. Advisory Services Network LLC purchased a new stake in shares of Arrow Electronics in the third quarter worth about $31,000. Quarry LP acquired a new stake in Arrow Electronics during the third quarter worth about $33,000. Finally, Geneos Wealth Management Inc. grew its holdings in Arrow Electronics by 68.1% during the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after acquiring an additional 143 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.
Wall Street Analysts Forecast Growth
ARW has been the topic of a number of analyst reports. Wells Fargo & Company raised their price objective on shares of Arrow Electronics from $94.00 to $115.00 and gave the stock an “underweight” rating in a research note on Friday, February 6th. Truist Financial increased their price target on shares of Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a report on Friday, February 6th. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Weiss Ratings raised shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Finally, Wall Street Zen upgraded shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Arrow Electronics currently has a consensus rating of “Hold” and an average target price of $124.33.
Insider Buying and Selling at Arrow Electronics
In other Arrow Electronics news, insider Eric Nowak sold 12,699 shares of Arrow Electronics stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $157.09, for a total value of $1,994,885.91. Following the transaction, the insider directly owned 43,509 shares in the company, valued at approximately $6,834,828.81. The trade was a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 4,000 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $156.65, for a total transaction of $626,600.00. Following the completion of the sale, the senior vice president directly owned 16,261 shares of the company’s stock, valued at $2,547,285.65. The trade was a 19.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 19,199 shares of company stock worth $3,009,786 in the last 90 days. Company insiders own 1.00% of the company’s stock.
Arrow Electronics Stock Down 2.7%
Shares of NYSE ARW opened at $136.82 on Friday. The business has a 50-day moving average price of $139.30 and a 200 day moving average price of $123.95. The stock has a market cap of $6.99 billion, a PE ratio of 12.51, a price-to-earnings-growth ratio of 0.70 and a beta of 1.01. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 0.46. Arrow Electronics, Inc. has a 52-week low of $86.50 and a 52-week high of $162.61.
Arrow Electronics (NYSE:ARW – Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The technology company reported $4.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.55 by $0.84. The company had revenue of $8.75 billion during 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 firm’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.97 earnings per share. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. Equities research analysts forecast that Arrow Electronics, Inc. will post 10.57 earnings per share for the current year.
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.
See Also
Want to see what other hedge funds are holding ARW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arrow Electronics, Inc. (NYSE:ARW – Free Report).
Receive News & Ratings for Arrow Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrow Electronics and related companies with MarketBeat.com's FREE daily email newsletter.
