JPMorgan Chase & Co. Purchases 11,288 Shares of Arrow Electronics, Inc. $ARW

JPMorgan Chase & Co. boosted its position in shares of Arrow Electronics, Inc. (NYSE:ARW) by 3.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 382,641 shares of the technology company’s stock after acquiring an additional 11,288 shares during the period. JPMorgan Chase & Co. owned 0.74% of Arrow Electronics worth $46,300,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ARW. AQR Capital Management LLC increased its stake in shares of Arrow Electronics by 130.9% in the second quarter. AQR Capital Management LLC now owns 2,313,997 shares of the technology company’s stock worth $294,873,000 after purchasing an additional 1,311,972 shares during the period. Boston Partners boosted its stake in Arrow Electronics by 12.5% during the 2nd quarter. Boston Partners now owns 2,739,427 shares of the technology company’s stock valued at $348,518,000 after purchasing an additional 305,182 shares during the period. Envestnet Asset Management Inc. grew its holdings in Arrow Electronics by 197.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 458,036 shares of the technology company’s stock valued at $55,422,000 after buying an additional 303,942 shares during the last quarter. ACR Alpine Capital Research LLC increased its position in Arrow Electronics by 12.1% in the 3rd quarter. ACR Alpine Capital Research LLC now owns 2,416,815 shares of the technology company’s stock worth $292,435,000 after buying an additional 260,442 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Arrow Electronics by 3.5% in the third quarter. Vanguard Group Inc. now owns 6,085,440 shares of the technology company’s stock valued at $736,338,000 after acquiring an additional 204,024 shares during the period. 99.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Arrow Electronics

In related news, insider Eric Nowak sold 12,699 shares of the stock in a transaction dated 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 transaction, the insider owned 43,509 shares of the company’s stock, valued at $6,834,828.81. This represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO William F. Austen purchased 3,960 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were acquired at an average price of $151.87 per share, with a total value of $601,405.20. Following the purchase, the chief executive officer 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 SEC filing for this purchase provides additional information. Insiders sold a total of 19,199 shares of company stock valued at $3,009,786 over the last quarter. 1.00% of the stock is currently owned by insiders.

Arrow Electronics Stock Performance

ARW opened at $136.82 on Friday. The stock’s 50 day simple moving average is $139.30 and its 200-day simple moving average is $123.95. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 0.46. The stock has a market cap of $6.99 billion, a PE ratio of 12.51, a P/E/G ratio of 0.70 and a beta of 1.01. Arrow Electronics, Inc. has a 1 year low of $86.50 and a 1 year high of $162.61.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Wells Fargo & Company raised their price target on shares of Arrow Electronics from $94.00 to $115.00 and gave the stock an “underweight” rating in a research report on Friday, February 6th. Truist Financial boosted their price objective on shares of Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a report on Friday, February 6th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $124.33.

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.