Pzena Investment Management LLC Sells 10,142 Shares of Arrow Electronics, Inc. $ARW

Pzena Investment Management LLC cut its stake in Arrow Electronics, Inc. (NYSE:ARW) by 4.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 211,097 shares of the technology company’s stock after selling 10,142 shares during the quarter. Pzena Investment Management LLC’s holdings in Arrow Electronics were worth $25,543,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Geneos Wealth Management Inc. lifted its stake in Arrow Electronics by 25.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock valued at $56,000 after acquiring an additional 89 shares in the last quarter. Truist Financial Corp lifted its position in shares of Arrow Electronics by 1.9% during the third quarter. Truist Financial Corp now owns 5,410 shares of the technology company’s stock valued at $655,000 after purchasing an additional 103 shares in the last quarter. Cullen Capital Management LLC lifted its position in shares of Arrow Electronics by 0.5% during the second quarter. Cullen Capital Management LLC now owns 22,265 shares of the technology company’s stock valued at $2,837,000 after purchasing an additional 107 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in Arrow Electronics by 0.9% during the second quarter. Lazard Asset Management LLC now owns 12,016 shares of the technology company’s stock worth $1,531,000 after purchasing an additional 109 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in Arrow Electronics by 0.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 24,114 shares of the technology company’s stock worth $3,073,000 after purchasing an additional 111 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Insider Buying and Selling at Arrow Electronics

In related news, insider Richard John Marano sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $155.32, for a total transaction of $388,300.00. Following the transaction, the insider directly owned 24,096 shares of the company’s stock, valued at approximately $3,742,590.72. This trade represents a 9.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Eric Nowak sold 12,699 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was 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 position. The SEC filing for this sale provides additional information. Insiders have sold 19,199 shares of company stock worth $3,009,786 over the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Truist Financial lifted their price target on Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a report on Friday, February 6th. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Finally, Wells Fargo & Company increased their price objective on Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a report on Friday, February 6th. One equities research 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $124.33.

Arrow Electronics Trading Up 0.5%

Shares of Arrow Electronics stock opened at $153.74 on Friday. 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, Inc. has a 1 year low of $86.50 and a 1 year high of $160.63. The firm has a market cap of $7.85 billion, a PE ratio of 14.05, a PEG ratio of 0.77 and a beta of 1.04. The company has a 50 day simple moving average of $125.49 and a two-hundred day simple moving average of $120.78.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $4.39 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $8.16 billion. During the same quarter last year, the company posted $2.97 EPS. The business’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. Analysts expect that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

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.