Public Employees Retirement System of Ohio Invests $3.70 Million in Arrow Electronics, Inc. $ARW

Public Employees Retirement System of Ohio acquired a new stake in Arrow Electronics, Inc. (NYSE:ARW) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 17,324 shares of the technology company’s stock, valued at approximately $3,697,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ARW. MUFG Securities EMEA plc purchased a new stake in Arrow Electronics during the 4th quarter worth $14,544,000. Intech Investment Management LLC lifted 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 worth $1,106,000 after purchasing an additional 4,821 shares in the last quarter. Atria Investments Inc lifted 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 worth $8,825,000 after purchasing an additional 25,965 shares in the last quarter. Empowered Funds LLC boosted its position 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 buying an additional 27,851 shares during the period. Finally, Assenagon Asset Management S.A. boosted its position 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 buying an additional 166,762 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

Wall Street Analyst Weigh In

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

Arrow Electronics Price Performance

ARW stock opened at $211.01 on Friday. The stock’s 50 day moving average is $209.09 and its two-hundred day moving average is $190.68. Arrow Electronics, Inc. has a 52-week low of $101.79 and a 52-week high of $237.33. The company has a market capitalization of $10.74 billion, a PE ratio of 13.48, a P/E/G ratio of 0.31 and a beta of 1.19. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, topping analysts’ consensus estimates of $4.45 by $1.00. The business had revenue of $9.99 billion during the quarter, compared to the consensus estimate of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The business’s quarterly revenue was up 31.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Analysts predict that Arrow Electronics, Inc. will post 21.24 earnings per share for the current fiscal year.

Arrow Electronics declared that its Board of Directors has approved a stock repurchase program on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the technology company to reacquire 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 stock is undervalued.

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.