Analysts Set Arrow Electronics, Inc. (NYSE:ARW) Target Price at $124.33

Shares of Arrow Electronics, Inc. (NYSE:ARW) have received an average rating of “Hold” from the five ratings firms that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $124.3333.

Several equities research analysts have issued reports on ARW shares. Wall Street Zen upgraded shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Weiss Ratings raised shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Wells Fargo & Company lifted their price target on Arrow Electronics from $94.00 to $115.00 and gave the stock an “underweight” rating in a research note on Friday, February 6th. Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Finally, Truist Financial boosted their target price on Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a research report on Friday, February 6th.

Arrow Electronics Trading Down 2.4%

Shares of ARW stock opened at $136.21 on Friday. The company has a market capitalization of $6.96 billion, a PE ratio of 12.45, a price-to-earnings-growth ratio of 0.69 and a beta of 1.01. Arrow Electronics has a 52-week low of $86.50 and a 52-week high of $162.61. The business’s fifty day moving average is $142.24 and its 200 day moving average is $124.56. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.09 and a current ratio of 1.36.

Arrow Electronics (NYSE:ARW) last announced its earnings results on Thursday, February 5th. The technology company reported $4.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.55 by $0.84. The business had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.16 billion. Arrow Electronics had a return on equity of 9.01% and a net margin of 1.85%.The company’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.97 EPS. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. On average, equities research analysts anticipate that Arrow Electronics will post 10.57 EPS for the current fiscal year.

Insider Buying and Selling at Arrow Electronics

In related news, SVP Carine Lamercie Jean-Claude sold 4,000 shares of Arrow Electronics stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $156.65, for a total value of $626,600.00. Following the transaction, the senior vice president owned 16,261 shares in the company, valued at $2,547,285.65. This trade represents a 19.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Richard John Marano sold 2,500 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $155.32, for a total transaction of $388,300.00. Following the completion of the sale, the insider directly owned 24,096 shares of the company’s stock, valued at $3,742,590.72. This represents a 9.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 19,199 shares of company stock worth $3,009,786 in the last quarter. 0.80% of the stock is currently owned by company insiders.

Institutional Trading of Arrow Electronics

Several hedge funds and other institutional investors have recently bought and sold shares of ARW. ACR Alpine Capital Research LLC grew its holdings in shares of 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 period. State of Alaska Department of Revenue lifted its stake in shares of Arrow Electronics by 19.8% in the 3rd quarter. State of Alaska Department of Revenue now owns 41,195 shares of the technology company’s stock valued at $4,984,000 after purchasing an additional 6,808 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Arrow Electronics by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 382,641 shares of the technology company’s stock valued at $46,300,000 after purchasing an additional 11,288 shares in the last quarter. Natixis Advisors LLC grew its stake in Arrow Electronics by 8.6% in the third quarter. Natixis Advisors LLC now owns 184,466 shares of the technology company’s stock worth $22,320,000 after purchasing an additional 14,665 shares during the period. Finally, XTX Topco Ltd grew its stake in Arrow Electronics by 278.4% in the second quarter. XTX Topco Ltd now owns 11,690 shares of the technology company’s stock worth $1,490,000 after purchasing an additional 8,601 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.