Hound Partners LLC Sells 80,596 Shares of Arrow Electronics, Inc. $ARW

Hound Partners LLC decreased its holdings in Arrow Electronics, Inc. (NYSE:ARW) by 59.4% in the first quarter, Holdings Channel.com reports. The firm owned 55,099 shares of the technology company’s stock after selling 80,596 shares during the period. Arrow Electronics makes up approximately 1.0% of Hound Partners LLC’s investment portfolio, making the stock its 19th biggest position. Hound Partners LLC’s holdings in Arrow Electronics were worth $7,902,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bayban purchased a new position in Arrow Electronics in the 1st quarter worth $26,000. Transamerica Financial Advisors LLC purchased a new stake in Arrow Electronics during the fourth quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. boosted its position in Arrow Electronics by 112.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock valued at $27,000 after buying an additional 131 shares during the period. Evergreen Advisors LLC bought a new position in shares of Arrow Electronics during the first quarter valued at about $36,000. Finally, Advisory Services Network LLC bought a new position in shares of Arrow Electronics during the third quarter valued at about $31,000. Institutional investors own 99.34% of the company’s stock.

Arrow Electronics Price Performance

ARW stock opened at $212.09 on Monday. The firm’s 50-day moving average price is $215.55 and its two-hundred day moving average price is $174.02. Arrow Electronics, Inc. has a 12-month low of $101.79 and a 12-month high of $237.33. The stock has a market capitalization of $10.84 billion, a price-to-earnings ratio of 15.17 and a beta of 1.20. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35.

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

Arrow Electronics announced that its board has authorized a stock repurchase plan on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 9.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Wall Street Zen raised Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their price target for the stock from $122.00 to $233.00 in a research report on Wednesday, May 13th. Truist Financial lifted their price target on Arrow Electronics from $240.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. Wells Fargo & Company lifted their price target on Arrow Electronics from $165.00 to $175.00 and gave the stock an “underweight” rating in a research note on Monday, July 20th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $220.00 price objective on shares of Arrow Electronics in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $222.00.

Insider Transactions at Arrow Electronics

In other Arrow Electronics news, insider Eric Nowak sold 3,473 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the insider owned 48,835 shares of the company’s stock, valued at $10,303,696.65. This represents a 6.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was 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 approximately $2,727,216. This trade represents a 19.20% decrease in their position. The SEC filing for this sale provides additional information. 0.80% of the stock is owned by insiders.

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.