Zacks Research Upgrades Arrow Electronics (NYSE:ARW) to “Strong-Buy”

Arrow Electronics (NYSE:ARW) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday, Zacks reports. Zacks Research also issued estimates for Arrow Electronics’ Q3 2026 earnings at $5.01 EPS, Q4 2026 earnings at $4.74 EPS, FY2026 earnings at $20.41 EPS, Q1 2027 earnings at $4.73 EPS, Q3 2027 earnings at $5.05 EPS, Q4 2027 earnings at $5.26 EPS, FY2027 earnings at $20.08 EPS, Q1 2028 earnings at $3.92 EPS, Q2 2028 earnings at $5.19 EPS and FY2028 earnings at $19.28 EPS.

A number of other research firms also recently weighed in on ARW. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a report on Friday, August 21st. Raymond James Financial reiterated an “outperform” rating and set a $250.00 price objective on shares of Arrow Electronics in a research report on Friday, August 7th. Truist Financial decreased their price objective on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Finally, Wells Fargo & Company upped their target price on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $233.25.

Arrow Electronics Price Performance

Shares of NYSE:ARW opened at $208.10 on Tuesday. The company’s fifty day moving average price is $209.45 and its 200-day moving average price is $190.29. The firm has a market capitalization of $10.59 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 0.30 and a beta of 1.19. Arrow Electronics has a one year low of $101.79 and a one year high of $237.33. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.22 and a quick ratio of 1.01.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The firm had revenue of $9.99 billion for the quarter, compared to analysts’ expectations of $9.67 billion. During the same quarter last year, the company posted $2.43 EPS. The business’s quarterly revenue was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, equities research analysts anticipate that Arrow Electronics will post 21.24 earnings per share for the current fiscal year.

Arrow Electronics announced that its board has initiated a stock repurchase plan on Wednesday, May 13th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. MUFG Securities EMEA plc purchased a new position in Arrow Electronics in the 4th quarter worth approximately $14,544,000. Intech Investment Management LLC boosted its stake in shares of Arrow Electronics by 92.3% during the fourth quarter. Intech Investment Management LLC now owns 10,042 shares of the technology company’s stock valued at $1,106,000 after purchasing an additional 4,821 shares during the period. Atria Investments Inc boosted its stake in shares of Arrow Electronics by 48.0% during the fourth quarter. Atria Investments Inc now owns 80,092 shares of the technology company’s stock valued at $8,825,000 after purchasing an additional 25,965 shares during the period. Empowered Funds LLC grew its holdings in shares of Arrow Electronics by 306.8% in the first quarter. Empowered Funds LLC now owns 36,928 shares of the technology company’s stock worth $5,296,000 after purchasing an additional 27,851 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Arrow Electronics by 307.9% in the second quarter. Assenagon Asset Management S.A. now owns 220,920 shares of the technology company’s stock worth $47,147,000 after purchasing an additional 166,762 shares during the last quarter. Hedge funds and other institutional investors 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.