Arrow Electronics (NYSE:ARW) Reaches New 12-Month High – Should You Buy?

Arrow Electronics, Inc. (NYSE:ARW)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $194.02 and last traded at $191.7710, with a volume of 591298 shares changing hands. The stock had previously closed at $186.41.

Analysts Set New Price Targets

Several equities research analysts have commented on ARW shares. Weiss Ratings upgraded shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Wall Street Zen raised Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Wells Fargo & Company lifted their price objective on shares of Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Friday. Finally, Raymond James Financial restated an “outperform” rating and set a $220.00 price target on shares of Arrow Electronics in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $183.75.

Arrow Electronics Stock Up 2.6%

The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.09 and a current ratio of 1.24. The company has a market cap of $9.95 billion, a P/E ratio of 13.94, a P/E/G ratio of 0.92 and a beta of 1.16. The stock has a 50 day moving average price of $157.32 and a 200 day moving average price of $133.68.

Arrow Electronics (NYSE:ARW) last announced its earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share for the quarter, beating the consensus estimate of $2.92 by $2.30. The business had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $8.39 billion. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The company’s quarterly revenue was up 39.0% on a year-over-year basis. During the same quarter last year, the business posted $1.80 earnings per share. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Research analysts expect that Arrow Electronics, Inc. will post 13.59 earnings per share for the current fiscal year.

Insider Buying and Selling at Arrow Electronics

In other news, insider Richard John Marano sold 2,500 shares of Arrow Electronics stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $155.32, for a total value of $388,300.00. Following the transaction, the insider owned 24,096 shares of the company’s stock, valued at $3,742,590.72. The trade was a 9.40% decrease in their position. The sale was disclosed in a document filed 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 transaction of $1,994,885.91. Following the completion of the sale, the insider owned 43,509 shares in the company, 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. In the last quarter, insiders have sold 19,199 shares of company stock worth $3,009,786. Company insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Arrow Electronics

A number of institutional investors and hedge funds have recently modified their holdings of ARW. Private Advisor Group LLC grew its holdings in shares of Arrow Electronics by 2.6% in the 1st quarter. Private Advisor Group LLC now owns 3,054 shares of the technology company’s stock worth $438,000 after acquiring an additional 78 shares during the last quarter. Root Financial Partners LLC lifted its holdings in shares of Arrow Electronics by 38.9% during the first quarter. Root Financial Partners LLC now owns 282 shares of the technology company’s stock valued at $40,000 after purchasing an additional 79 shares during the last quarter. Krilogy Financial LLC lifted its holdings in shares of Arrow Electronics by 3.2% during the first quarter. Krilogy Financial LLC now owns 2,543 shares of the technology company’s stock valued at $365,000 after purchasing an additional 80 shares during the last quarter. Gateway Investment Advisers LLC boosted its position in shares of Arrow Electronics by 3.8% in the 4th quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company’s stock valued at $251,000 after purchasing an additional 84 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of Arrow Electronics by 25.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock valued at $56,000 after purchasing an additional 89 shares during the period. 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.