Arrow Electronics, Inc. (NYSE:ARW) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Arrow Electronics, Inc. (NYSE:ARW) have received an average rating of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $219.50.

Several equities research analysts recently weighed in on the stock. Bank of America raised shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. Wells Fargo & Company upped their price objective on shares of Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a report on Friday, May 8th. Raymond James Financial reaffirmed an “outperform” rating and issued a $220.00 price objective on shares of Arrow Electronics in a report on Friday, May 8th. Truist Financial upped their price objective on shares of Arrow Electronics from $240.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a report on Tuesday, May 26th.

Insider Activity

In related news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the sale, the senior vice president owned 12,626 shares of the company’s stock, valued at $2,727,216. This represents a 19.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Eric Nowak sold 3,473 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the completion of the sale, the insider directly owned 48,835 shares of the company’s stock, valued at $10,303,696.65. The trade was a 6.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Arrow Electronics

Institutional investors and hedge funds have recently bought and sold shares of the business. Bayban acquired a new stake in Arrow Electronics in the 1st quarter valued at about $26,000. Transamerica Financial Advisors LLC acquired a new stake in Arrow Electronics in the 4th quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Arrow Electronics by 112.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock valued at $27,000 after acquiring an additional 131 shares during the last quarter. Evergreen Advisors LLC acquired a new stake in Arrow Electronics in the 1st quarter valued at about $36,000. Finally, Advisory Services Network LLC acquired a new stake in Arrow Electronics in the 3rd quarter valued at about $31,000. 99.34% of the stock is owned by institutional investors and hedge funds.

Arrow Electronics Stock Performance

Shares of ARW opened at $215.95 on Thursday. Arrow Electronics has a 1 year low of $101.79 and a 1 year high of $233.30. The company has a market cap of $11.04 billion, a price-to-earnings ratio of 15.45 and a beta of 1.19. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.02 and a current ratio of 1.24. The firm has a fifty day moving average of $191.74 and a 200-day moving average of $150.85.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $2.30. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The company had revenue of $9.47 billion during the quarter, compared to the consensus estimate of $8.39 billion. During the same quarter in the previous year, the company posted $1.80 earnings per share. The company’s revenue for the quarter was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, equities analysts anticipate that Arrow Electronics will post 19.15 earnings per share for the current year.

Arrow Electronics announced that its board has authorized a stock repurchase program on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the technology company to reacquire up to 9.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

About Arrow Electronics

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.