Arrow Electronics (NYSE:ARW) Upgraded to “Buy” at Truist Financial

Truist Financial upgraded shares of Arrow Electronics (NYSE:ARW) from a hold rating to a buy rating in a research report sent to investors on Monday morning, MarketBeat.com reports. The firm currently has $183.00 target price on the technology company’s stock, up from their prior target price of $148.00.

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

Arrow Electronics Stock Up 10.4%

NYSE ARW opened at $174.61 on Monday. The business has a fifty day moving average price of $148.01 and a two-hundred day moving average price of $126.61. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.36 and a quick ratio of 1.09. Arrow Electronics has a fifty-two week low of $98.11 and a fifty-two week high of $175.27. The stock has a market capitalization of $8.92 billion, a PE ratio of 15.96, a PEG ratio of 0.79 and a beta of 1.00.

Arrow Electronics (NYSE:ARW) last released 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. Arrow Electronics had a return on equity of 9.01% and a net margin of 1.85%.The firm had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.16 billion. During the same period in the prior year, the company earned $2.97 earnings per share. The company’s quarterly revenue was up 20.1% on a year-over-year basis. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. Equities analysts expect that Arrow Electronics will post 10.57 earnings per share for the current fiscal year.

Insider Transactions at Arrow Electronics

In other news, SVP Carine Lamercie Jean-Claude sold 4,000 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $156.65, for a total value of $626,600.00. Following the completion of the transaction, the senior vice president directly owned 16,261 shares in the company, valued at approximately $2,547,285.65. This represents a 19.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Eric Nowak sold 12,699 shares of the 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 completion of the sale, the insider owned 43,509 shares of the company’s stock, valued at $6,834,828.81. The trade was a 22.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 19,199 shares of company stock valued at $3,009,786 over the last quarter. 0.80% of the stock is currently owned by insiders.

Institutional Trading of Arrow Electronics

A number of institutional investors and hedge funds have recently bought and sold shares of ARW. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Arrow Electronics by 45.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock valued at $2,154,000 after purchasing an additional 6,523 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Arrow Electronics by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock valued at $20,763,000 after purchasing an additional 14,886 shares during the period. Geneos Wealth Management Inc. increased its holdings in Arrow Electronics by 68.1% in the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after purchasing an additional 143 shares during the period. Sivia Capital Partners LLC acquired a new stake in Arrow Electronics in the second quarter valued at $492,000. Finally, Walleye Capital LLC acquired a new stake in Arrow Electronics in the second quarter valued at $475,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

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.