3,498 Shares in Arrow Electronics, Inc. $ARW Purchased by Commerce Bank

Commerce Bank bought a new position in Arrow Electronics, Inc. (NYSE:ARW) during the second quarter, Holdings Channel reports. The institutional investor bought 3,498 shares of the technology company’s stock, valued at approximately $747,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Private Advisor Group LLC grew its holdings in shares of Arrow Electronics by 2.6% during the first quarter. Private Advisor Group LLC now owns 3,054 shares of the technology company’s stock valued at $438,000 after purchasing an additional 78 shares during the last quarter. Root Financial Partners LLC lifted its holdings in shares of Arrow Electronics by 38.9% in the 1st quarter. Root Financial Partners LLC now owns 282 shares of the technology company’s stock worth $40,000 after purchasing an additional 79 shares during the last quarter. Krilogy Financial LLC boosted its position in Arrow Electronics by 3.2% during the 1st quarter. Krilogy Financial LLC now owns 2,543 shares of the technology company’s stock valued at $365,000 after purchasing an additional 80 shares during the period. Gateway Investment Advisers LLC grew its stake in Arrow Electronics by 3.8% during the 4th quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company’s stock worth $251,000 after buying an additional 84 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in Arrow Electronics by 0.8% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 10,567 shares of the technology company’s stock worth $2,255,000 after buying an additional 84 shares during the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ARW. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Bank of America upgraded shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $122.00 to $233.00 in a research report on Wednesday, May 13th. Raymond James Financial reaffirmed an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a report on Friday, August 7th. Wells Fargo & Company boosted their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Arrow Electronics in a research report on Friday, August 21st. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $233.25.

Arrow Electronics Trading Up 2.3%

Shares of ARW stock opened at $207.21 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.22. Arrow Electronics, Inc. has a 1 year low of $101.79 and a 1 year high of $237.33. The stock has a fifty day moving average of $211.84 and a two-hundred day moving average of $188.57. The firm has a market capitalization of $10.55 billion, a PE ratio of 13.24, a price-to-earnings-growth ratio of 0.31 and a beta of 1.20.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, beating analysts’ consensus estimates of $4.45 by $1.00. The company had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The company’s quarterly revenue was up 31.8% compared to the same quarter last year. During the same period last year, the company earned $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, research analysts expect that Arrow Electronics, Inc. will post 20.44 EPS for the current year.

Arrow Electronics declared that its board has approved a share buyback plan on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the technology company to buy up to 9.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

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.