Arrow Electronics, Inc. $ARW Shares Acquired by Tevis Investment Management

Tevis Investment Management increased its holdings in Arrow Electronics, Inc. (NYSE:ARW) by 118.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,652 shares of the technology company’s stock after buying an additional 8,483 shares during the quarter. Arrow Electronics comprises 1.3% of Tevis Investment Management’s portfolio, making the stock its 25th largest holding. Tevis Investment Management’s holdings in Arrow Electronics were worth $2,245,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in ARW. Hibernia Wealth Partners LLC bought a new position in shares of Arrow Electronics in the first quarter worth $233,000. Carnegie Investment Counsel bought a new stake in shares of Arrow Electronics during the first quarter valued at about $212,000. Fifth Third Bancorp raised its stake in shares of Arrow Electronics by 104.8% during the first quarter. Fifth Third Bancorp now owns 35,530 shares of the technology company’s stock valued at $5,095,000 after purchasing an additional 18,184 shares in the last quarter. ACR Alpine Capital Research LLC lifted its holdings in Arrow Electronics by 3.9% in the first quarter. ACR Alpine Capital Research LLC now owns 3,578,313 shares of the technology company’s stock worth $513,166,000 after purchasing an additional 132,720 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its holdings in Arrow Electronics by 2.6% in the first quarter. Sequoia Financial Advisors LLC now owns 5,264 shares of the technology company’s stock worth $755,000 after purchasing an additional 135 shares during the period. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Arrow Electronics Price Performance

Shares of Arrow Electronics stock opened at $206.64 on Monday. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $237.33. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. The stock has a market cap of $10.57 billion, a PE ratio of 14.78 and a beta of 1.20. The company’s 50-day moving average price is $213.47 and its two-hundred day moving average price is $167.20.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data 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 company had revenue of $9.47 billion during the quarter, compared to analyst estimates of $8.39 billion. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The business’s revenue for the quarter was up 39.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.80 EPS. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, sell-side analysts anticipate that Arrow Electronics, Inc. will post 19.15 EPS for the current fiscal year.

Arrow Electronics declared that its Board of Directors has authorized a share repurchase plan on Wednesday, May 13th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the technology company to reacquire up to 9.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

ARW has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. 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, May 8th. Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $122.00 to $233.00 in a research note on Wednesday, May 13th. Wells Fargo & Company increased their price objective on shares of Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a report on Friday, May 8th. Finally, Truist Financial raised their price objective on shares of Arrow Electronics from $240.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $219.50.

Insider Buying and Selling

In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the business’s 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 $2,727,216. The trade was a 19.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Eric Nowak sold 3,473 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total value of $732,768.27. Following the completion of the sale, the insider directly owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. This trade represents a 6.64% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by insiders.

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.