Arrow Electronics, Inc. (NYSE:ARW) Receives $214.50 Consensus Target Price from Brokerages

Shares of Arrow Electronics, Inc. (NYSE:ARW) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $214.50.

ARW has been the subject of several analyst reports. Raymond James Financial restated an “outperform” rating and issued a $220.00 target price on shares of Arrow Electronics in a research note on Friday, May 8th. Bank of America upgraded shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their target price for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Zacks Research raised shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Finally, Weiss Ratings raised shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th.

Insiders Place Their Bets

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $216.00, for a total transaction of $648,000.00. Following the sale, the senior vice president directly owned 12,626 shares of the company’s stock, valued at approximately $2,727,216. This represents a 19.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eric Nowak sold 3,473 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the sale, the insider directly owned 48,835 shares in the company, valued at $10,303,696.65. This trade represents a 6.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Arrow Electronics

A number of institutional investors and hedge funds have recently modified their holdings of the business. Private Advisor Group LLC increased 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 period. Root Financial Partners LLC increased its holdings in shares of Arrow Electronics by 38.9% in the 1st quarter. Root Financial Partners LLC now owns 282 shares of the technology company’s stock worth $40,000 after acquiring an additional 79 shares during the period. Krilogy Financial LLC increased its holdings in shares of Arrow Electronics by 3.2% in the 1st quarter. Krilogy Financial LLC now owns 2,543 shares of the technology company’s stock worth $365,000 after acquiring an additional 80 shares during the period. Gateway Investment Advisers LLC increased its holdings 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 worth $251,000 after acquiring an additional 84 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings 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 worth $56,000 after acquiring an additional 89 shares during the period. 99.34% of the stock is owned by institutional investors and hedge funds.

Arrow Electronics Price Performance

Shares of ARW stock opened at $217.55 on Friday. The company has a market capitalization of $11.12 billion, a PE ratio of 15.56 and a beta of 1.16. The firm has a fifty day simple moving average of $171.09 and a 200-day simple moving average of $140.46. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. Arrow Electronics has a twelve month low of $101.79 and a twelve month high of $219.01.

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 the consensus estimate of $8.39 billion. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The business’s quarterly revenue was up 39.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.80 earnings per share. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Equities research analysts anticipate that Arrow Electronics will post 17.97 earnings per share for the current fiscal year.

Arrow Electronics announced that its Board of Directors has authorized a share buyback program on Wednesday, May 13th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to repurchase up to 9.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its shares are undervalued.

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.