Arrow Electronics (NYSE:ARW) Stock Rating Upgraded by Zacks Research

Arrow Electronics (NYSE:ARW) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

A number of other brokerages also recently issued reports on ARW. Wall Street Zen raised Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday. Truist Financial increased their target price on Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a report on Friday, February 6th. Finally, Wells Fargo & Company boosted their price target on Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Arrow Electronics presently has a consensus rating of “Hold” and a consensus price target of $124.33.

Arrow Electronics Price Performance

NYSE:ARW opened at $156.09 on Monday. Arrow Electronics has a 52 week low of $86.50 and a 52 week high of $160.63. 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 firm’s 50-day simple moving average is $119.65 and its 200 day simple moving average is $119.21. The firm has a market cap of $8.04 billion, a price-to-earnings ratio of 14.27, a P/E/G ratio of 0.80 and a beta of 1.04.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $4.39 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.16 billion. During the same quarter in the previous year, the firm posted $2.97 EPS. The business’s revenue for the quarter 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 predict that Arrow Electronics will post 10.57 earnings per share for the current year.

Hedge Funds Weigh In On Arrow Electronics

A number of institutional investors have recently modified their holdings of the business. ACR Alpine Capital Research LLC lifted its holdings in shares of Arrow Electronics by 12.1% in the third 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 last quarter. Creative Planning increased its position in Arrow Electronics by 77.0% during the 2nd quarter. Creative Planning now owns 15,080 shares of the technology company’s stock worth $1,922,000 after purchasing an additional 6,558 shares in the last quarter. State of Alaska Department of Revenue lifted its stake in 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 last quarter. XTX Topco Ltd lifted its stake in Arrow Electronics by 278.4% in the 2nd quarter. XTX Topco Ltd now owns 11,690 shares of the technology company’s stock valued at $1,490,000 after purchasing an additional 8,601 shares during the last quarter. Finally, Blue Grotto Capital LLC boosted its position in Arrow Electronics by 42.0% in the second quarter. Blue Grotto Capital LLC now owns 165,468 shares of the technology company’s stock valued at $21,086,000 after buying an additional 48,968 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

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.