Arrow Electronics (NYSE:ARW) Upgraded to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Arrow Electronics (NYSE:ARW) from a buy rating to a strong-buy rating in a report published on Saturday,Wall Street Zen reports.

Several other equities analysts have also recently issued reports on ARW. Weiss Ratings upgraded Arrow Electronics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Truist Financial decreased their price objective on Arrow Electronics from $250.00 to $230.00 and set a “buy” rating for the company in a research report on Friday. Zacks Research cut Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 26th. Raymond James Financial reiterated an “outperform” rating and issued a $250.00 target price on shares of Arrow Electronics in a research note on Friday, August 7th. Finally, Wells Fargo & Company boosted their target price on Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $228.25.

Arrow Electronics Trading Up 2.3%

Shares of Arrow Electronics stock opened at $181.11 on Friday. Arrow Electronics has a 1 year low of $101.79 and a 1 year high of $249.43. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.01 and a current ratio of 1.20. The company has a market capitalization of $9.22 billion, a P/E ratio of 9.18, a PEG ratio of 0.27 and a beta of 1.20. The company’s fifty day moving average is $217.90 and its two-hundred day moving average is $192.32.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, November 5th. The technology company reported $6.22 EPS for the quarter, beating analysts’ consensus estimates of $5.06 by $1.16. Arrow Electronics had a net margin of 2.62% and a return on equity of 15.84%. The company had revenue of $10.72 billion for the quarter, compared to analyst estimates of $10.07 billion. During the same period in the previous year, the business posted $2.41 earnings per share. Arrow Electronics’s quarterly revenue was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q4 2026 guidance at 7.000-7.200 EPS. Analysts forecast that Arrow Electronics will post 21.24 earnings per share for the current year.

Insider Activity at Arrow Electronics

In other news, SVP Carine Jean-Claude sold 1,000 shares of the business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total transaction of $209,850.00. Following the transaction, the senior vice president directly owned 11,626 shares in the company, valued at $2,439,716.10. The trade was a 7.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Arrow Electronics

Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Arrow Electronics in the second quarter worth $1,070,534,000. Bank of America Corp DE acquired a new stake in shares of Arrow Electronics during the second quarter valued at $270,981,000. Wedge Capital Management L L P NC acquired a new stake in shares of Arrow Electronics during the second quarter valued at $72,308,000. Bank of New York Mellon Corp acquired a new stake in shares of Arrow Electronics during the second quarter valued at $71,338,000. Finally, Quantinno Capital Management LP increased its position in Arrow Electronics by 287.7% during the 1st quarter. Quantinno Capital Management LP now owns 309,430 shares of the technology company’s stock worth $44,375,000 after purchasing an additional 229,612 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Key Stories Impacting Arrow Electronics

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Arrow reported record Q3 earnings of $6.22 per share, above the $5.06 consensus, on revenue of $10.72 billion versus $10.07 billion expected. Revenue rose 39% year over year. Arrow Electronics Reports Record Quarterly Revenue and EPS
• Positive Sentiment: Q4 guidance was well ahead of analyst expectations: EPS of $7.00–$7.20 versus $5.80 consensus and revenue of $11.6–$12.2 billion versus $10.5 billion. The company cited strong demand, higher volumes, growing backlogs and AI-related growth. Q3 Earnings Call Highlights
• Neutral Sentiment: Truist lowered its price target from $250 to $230 but maintained a Buy rating, indicating continued optimism while moderating its valuation view.
• Neutral Sentiment: A tranche update was reported for Arrow’s previously announced share-buyback plan, though the available details do not specify its size or likely near-term impact. Buyback Plan Tranche Update

Arrow Electronics Company Profile

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing products and services. The company connects manufacturers with components and technology solutions, supporting customers from product design and development through production and supply chain management.

Through its global components business, Arrow supplies semiconductors and other electronic components, along with engineering and supply chain services. Its enterprise computing solutions business distributes technology such as data center, cloud, security and networking products, and provides related services to resellers and other customers.

Founded in 1935 as a radio parts retailer in New York City, Arrow has grown into an international company serving customers across the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region.