VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Arrow Electronics, Inc. $ARW

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Arrow Electronics, Inc. (NYSE:ARW) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,036 shares of the technology company’s stock, valued at approximately $2,995,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. bought a new stake in Arrow Electronics during the second quarter valued at about $28,000. Fiduciary Financial Advisors bought a new position in shares of Arrow Electronics in the second quarter worth about $33,000. Jones Financial Companies Lllp purchased a new position in shares of Arrow Electronics during the 2nd quarter valued at about $37,000. Bayban purchased a new position in shares of Arrow Electronics during the 1st quarter valued at about $26,000. Finally, BOK Financial Private Wealth Inc. bought a new position in shares of Arrow Electronics during the 2nd quarter valued at approximately $47,000. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ARW. Raymond James Financial reissued an “outperform” rating and issued a $250.00 target price on shares of Arrow Electronics in a report on Friday, August 7th. Wall Street Zen upgraded shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a research note on Friday, August 21st. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 1st. Finally, Wells Fargo & Company lifted 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. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Arrow Electronics presently has a consensus rating of “Moderate Buy” and a consensus target price of $233.25.

Insider Activity

In other news, SVP Carine Jean-Claude sold 1,000 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total value of $209,850.00. Following the transaction, the senior vice president owned 11,626 shares of the company’s stock, valued at approximately $2,439,716.10. The trade was a 7.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.80% of the stock is currently owned by insiders.

Arrow Electronics Stock Performance

NYSE:ARW opened at $213.09 on Friday. The stock has a 50-day moving average price of $209.62 and a 200 day moving average price of $192.83. The stock has a market capitalization of $10.85 billion, a P/E ratio of 13.62, a P/E/G ratio of 0.32 and a beta of 1.19. Arrow Electronics, Inc. has a 12-month low of $101.79 and a 12-month high of $237.33. The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, topping analysts’ consensus estimates of $4.45 by $1.00. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The company had revenue of $9.99 billion for the quarter, compared to analysts’ expectations of $9.67 billion. During the same period in the previous year, the firm earned $2.43 EPS. The firm’s revenue was up 31.8% compared to the same quarter last year. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Equities research analysts forecast that Arrow Electronics, Inc. will post 21.24 EPS for the current fiscal year.

Arrow Electronics Profile

Arrow Electronics, Inc is a global technology distributor that connects electronic component manufacturers with original equipment manufacturers, contract manufacturers and other commercial customers. The company supplies semiconductors, passive components, electromechanical products and related embedded technologies used in products across industries such as communications, industrial, automotive, aerospace and defense, and consumer electronics.

Through its enterprise computing solutions business, Arrow also provides information-technology products and services, including data-center and cloud solutions, software, security, storage, networking and professional services.