Icon Advisers Inc. Co. Acquires New Position in Arrow Electronics, Inc. $ARW

Icon Advisers Inc. Co. acquired a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,590 shares of the technology company’s stock, valued at approximately $3,096,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in shares of Arrow Electronics by 130.9% in the second quarter. AQR Capital Management LLC now owns 2,313,997 shares of the technology company’s stock valued at $294,873,000 after purchasing an additional 1,311,972 shares during the period. Boston Partners lifted its stake in shares of Arrow Electronics by 12.5% during the 2nd quarter. Boston Partners now owns 2,739,427 shares of the technology company’s stock valued at $348,518,000 after buying an additional 305,182 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Arrow Electronics by 197.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 458,036 shares of the technology company’s stock worth $55,422,000 after buying an additional 303,942 shares during the period. ACR Alpine Capital Research LLC boosted its holdings in Arrow Electronics by 12.1% in the 3rd quarter. ACR Alpine Capital Research LLC now owns 2,416,815 shares of the technology company’s stock worth $292,435,000 after buying an additional 260,442 shares during the period. Finally, Vanguard Group Inc. grew its stake in Arrow Electronics by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 6,085,440 shares of the technology company’s stock valued at $736,338,000 after buying an additional 204,024 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

Insiders Place Their Bets

In related news, insider Eric Nowak sold 12,699 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $157.09, for a total value of $1,994,885.91. Following the sale, the insider owned 43,509 shares in the company, valued at approximately $6,834,828.81. This trade represents a 22.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Richard John Marano sold 2,500 shares of Arrow Electronics stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $155.32, for a total value of $388,300.00. Following the sale, the insider directly owned 24,096 shares of the company’s stock, valued at $3,742,590.72. This represents a 9.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 19,199 shares of company stock worth $3,009,786. 1.00% of the stock is currently owned by corporate insiders.

Arrow Electronics Stock Performance

Arrow Electronics stock opened at $138.67 on Friday. The firm’s 50 day simple moving average is $133.78 and its 200 day simple moving average is $123.02. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $7.08 billion, a PE ratio of 12.68, a price-to-earnings-growth ratio of 0.71 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.

Arrow Electronics (NYSE:ARW) last posted its earnings results on Thursday, February 5th. The technology company reported $4.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.55 by $0.84. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. The business had revenue of $8.75 billion for the quarter, compared to analysts’ expectations of $8.16 billion. During the same period in the prior year, the company posted $2.97 EPS. The business’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, analysts expect that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ARW has been the topic of a number of analyst reports. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Truist Financial lifted their price target on Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Wells Fargo & Company boosted their price objective on Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a research note on Friday, February 6th. Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Finally, Weiss Ratings upgraded 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 issued a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $124.33.

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.