Arrow Electronics (NYSE:ARW) Reaches New 12-Month High on Analyst Upgrade

Arrow Electronics, Inc. (NYSE:ARW) shares hit a new 52-week high on Monday after Truist Financial upgraded the stock from a hold rating to a buy rating. Truist Financial now has a $183.00 price target on the stock, up from their previous price target of $148.00. Arrow Electronics traded as high as $166.51 and last traded at $165.35, with a volume of 276690 shares trading hands. The stock had previously closed at $158.19.

A number of other brokerages have also recently weighed in on ARW. Wells Fargo & Company boosted their price target on shares of Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a research report on Friday, February 6th. Weiss Ratings raised shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $136.00.

Insider Buying and Selling at Arrow Electronics

In other news, insider Eric Nowak sold 12,699 shares of the business’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $157.09, for a total transaction of $1,994,885.91. Following the transaction, the insider directly owned 43,509 shares in the company, valued at $6,834,828.81. The trade was a 22.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Carine Lamercie Jean-Claude sold 4,000 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $156.65, for a total transaction of $626,600.00. Following the transaction, the senior vice president owned 16,261 shares in the company, valued at approximately $2,547,285.65. This trade represents a 19.74% 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 valued at $3,009,786 over the last ninety days. 0.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of Arrow Electronics during the third quarter worth about $26,000. Winnow Wealth LLC acquired a new position in shares of Arrow Electronics during the third quarter worth about $26,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Arrow Electronics by 112.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after acquiring an additional 131 shares during the period. Transamerica Financial Advisors LLC acquired a new position in shares of Arrow Electronics during the fourth quarter worth about $27,000. Finally, Advisory Services Network LLC acquired a new position in shares of Arrow Electronics during the third quarter worth about $31,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Arrow Electronics Trading Up 10.4%

The company has a debt-to-equity ratio of 0.46, a current ratio of 1.36 and a quick ratio of 1.09. The business’s 50 day moving average price is $148.01 and its 200-day moving average price is $126.61. The firm has a market capitalization of $8.92 billion, a price-to-earnings ratio of 15.96, a price-to-earnings-growth ratio of 0.79 and a beta of 1.00.

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