South Dakota Investment Council Decreases Position in Arrow Electronics, Inc. $ARW

South Dakota Investment Council lessened its position in Arrow Electronics, Inc. (NYSE:ARWFree Report) by 13.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 46,411 shares of the technology company’s stock after selling 7,520 shares during the period. South Dakota Investment Council owned about 0.09% of Arrow Electronics worth $5,616,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC bought a new position in Arrow Electronics in the 3rd quarter valued at approximately $26,000. Winnow Wealth LLC purchased a new position in shares of Arrow Electronics in the third quarter worth $26,000. True Wealth Design LLC lifted its holdings in shares of Arrow Electronics by 660.0% during the second quarter. True Wealth Design LLC now owns 266 shares of the technology company’s stock valued at $34,000 after purchasing an additional 231 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of Arrow Electronics by 1,547.1% during the second quarter. Hantz Financial Services Inc. now owns 280 shares of the technology company’s stock valued at $36,000 after buying an additional 263 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in Arrow Electronics by 167.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 337 shares of the technology company’s stock worth $41,000 after buying an additional 211 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

Arrow Electronics Stock Down 2.8%

ARW opened at $145.78 on Wednesday. The firm’s 50 day simple moving average is $132.04 and its two-hundred day simple moving average is $122.62. The company has a market capitalization of $7.45 billion, a PE ratio of 13.33, a PEG ratio of 0.75 and a beta of 1.01. Arrow Electronics, Inc. has a 1-year low of $86.50 and a 1-year high of $162.61. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 0.46.

Arrow Electronics (NYSE:ARWGet Free Report) last issued its quarterly earnings data on Thursday, February 5th. The technology company reported $4.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.55 by $0.84. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. The firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.16 billion. During the same quarter in the previous year, the firm posted $2.97 EPS. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. As a group, equities analysts forecast that Arrow Electronics, Inc. will post 10.57 EPS for the current year.

Insider Buying and Selling

In other news, CEO William F. Austen bought 3,960 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were bought at an average price of $151.87 per share, for a total transaction of $601,405.20. Following the purchase, the chief executive officer owned 44,722 shares in the company, valued at approximately $6,791,930.14. The trade was a 9.71% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Richard John Marano sold 2,500 shares of Arrow Electronics stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $155.32, for a total transaction of $388,300.00. Following the transaction, the insider directly owned 24,096 shares in the company, valued at $3,742,590.72. This represents a 9.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 19,199 shares of company stock worth $3,009,786 over the last ninety days. 0.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on ARW. Truist Financial upped their target price on shares of Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Wells Fargo & Company boosted their price objective on shares of Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Weiss Ratings upgraded shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Arrow Electronics has a consensus rating of “Hold” and a consensus price target of $124.33.

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About Arrow Electronics

(Free Report)

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.

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Institutional Ownership by Quarter for Arrow Electronics (NYSE:ARW)

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