Citigroup Inc. Has $5.57 Million Holdings in Arrow Electronics, Inc. $ARW

Citigroup Inc. raised its holdings in Arrow Electronics, Inc. (NYSE:ARW) by 70.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,012 shares of the technology company’s stock after acquiring an additional 19,084 shares during the period. Citigroup Inc. owned about 0.09% of Arrow Electronics worth $5,567,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Arrow Electronics by 45.9% during the 1st 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Arrow Electronics by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock worth $20,763,000 after buying an additional 14,886 shares during the period. Geneos Wealth Management Inc. lifted its stake 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 buying an additional 143 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Arrow Electronics in the second quarter valued at approximately $492,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Arrow Electronics by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 154,094 shares of the technology company’s stock valued at $19,636,000 after buying an additional 4,701 shares during the period. 99.34% of the stock is currently owned by institutional investors.

Arrow Electronics Stock Performance

ARW opened at $145.78 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.09 and a current ratio of 1.36. The business’s 50-day simple moving average is $132.04 and its 200 day simple moving average is $122.62. The firm has a market capitalization of $7.45 billion, a PE ratio of 13.33, a PEG ratio of 0.75 and a beta of 1.01. Arrow Electronics, Inc. has a 52-week low of $86.50 and a 52-week high of $162.61.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings data 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 return on equity of 9.01% and a net margin of 1.85%.The company had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.16 billion. During the same quarter in the prior year, the business posted $2.97 EPS. 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. As a group, sell-side analysts expect that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ARW has been the topic of several research reports. Wells Fargo & Company boosted their price objective 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 Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Truist Financial boosted their price target on Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a report on Friday, February 6th. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Finally, Zacks Research raised 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, one has assigned a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $124.33.

Insider Activity

In other news, CEO William F. Austen acquired 3,960 shares of the stock in a transaction dated Thursday, February 19th. The shares were bought at an average cost of $151.87 per share, for a total transaction of $601,405.20. Following the purchase, the chief executive officer directly owned 44,722 shares of the company’s stock, valued at approximately $6,791,930.14. This trade represents a 9.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Richard John Marano sold 2,500 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were 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 in the company, valued at approximately $3,742,590.72. The trade was a 9.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 19,199 shares of company stock worth $3,009,786. Insiders own 0.80% of the company’s stock.

Arrow Electronics 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.