14,800 Shares in Arrow Electronics, Inc. $ARW Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,800 shares of the technology company’s stock, valued at approximately $2,122,000.

A number of other large investors have also added to or reduced their stakes in the stock. Krilogy Financial LLC raised its position in Arrow Electronics by 3.2% in the first quarter. Krilogy Financial LLC now owns 2,543 shares of the technology company’s stock worth $365,000 after acquiring an additional 80 shares during the period. Gateway Investment Advisers LLC grew its position in shares of Arrow Electronics by 3.8% during the 4th quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company’s stock valued at $251,000 after acquiring an additional 84 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Arrow Electronics by 25.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock valued at $56,000 after acquiring an additional 89 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of Arrow Electronics by 6.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,554 shares of the technology company’s stock worth $171,000 after purchasing an additional 90 shares during the last quarter. Finally, Studio Investment Management LLC increased its stake in shares of Arrow Electronics by 3.2% during the 4th quarter. Studio Investment Management LLC now owns 3,094 shares of the technology company’s stock worth $341,000 after purchasing an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on ARW shares. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Wells Fargo & Company raised their target price on Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. Truist Financial boosted their target price on Arrow Electronics from $240.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $220.00 price target on shares of Arrow Electronics in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Arrow Electronics has a consensus rating of “Moderate Buy” and a consensus target price of $219.50.

Arrow Electronics Stock Performance

NYSE ARW opened at $213.56 on Wednesday. The firm has a market cap of $10.92 billion, a P/E ratio of 15.28 and a beta of 1.19. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $210.63 and its 200-day moving average is $162.24. Arrow Electronics, Inc. has a 12-month low of $101.79 and a 12-month high of $237.33.

Arrow Electronics (NYSE:ARW) last released its quarterly earnings data on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, topping 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 period last year, the firm earned $1.80 EPS. Arrow Electronics’s revenue for the quarter was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Sell-side analysts predict that Arrow Electronics, Inc. will post 19.15 earnings per share for the current year.

Arrow Electronics declared that its Board of Directors has authorized a share buyback plan on Wednesday, May 13th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the technology company to repurchase up to 9.7% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Arrow Electronics

In related news, insider Eric Nowak sold 3,473 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the sale, the insider directly owned 48,835 shares in the company, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 sale, the senior vice president owned 12,626 shares in the company, valued at approximately $2,727,216. This represents a 19.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.80% of the company’s stock.

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.