Arrow Electronics (NYSE:ARW) Upgraded by Zacks Research to Strong-Buy Rating

Zacks Research upgraded shares of Arrow Electronics (NYSE:ARW) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.

Several other brokerages also recently commented on ARW. Wells Fargo & Company boosted their price objective on shares of Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a research report on Friday, February 6th. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Truist Financial upped their price objective on Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $124.33.

Arrow Electronics Stock Down 1.3%

Shares of NYSE ARW opened at $156.09 on Monday. The stock has a market capitalization of $8.04 billion, a P/E ratio of 14.27, a PEG ratio of 0.80 and a beta of 1.04. The stock’s fifty day moving average is $119.65 and its 200 day moving average is $119.21. Arrow Electronics has a 52 week low of $86.50 and a 52 week high of $160.63. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.09 and a current ratio of 1.36.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $4.39 earnings per share 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 during the quarter, compared to analysts’ expectations of $8.16 billion. During the same quarter in the prior year, the business posted $2.97 earnings per share. Arrow Electronics’s revenue 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. Sell-side analysts forecast that Arrow Electronics will post 10.57 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Arrow Electronics

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Arrow Electronics by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 6,122,857 shares of the technology company’s stock worth $674,616,000 after purchasing an additional 37,417 shares in the last quarter. ACR Alpine Capital Research LLC grew its holdings in shares of Arrow Electronics by 42.6% during the fourth quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock worth $379,635,000 after purchasing an additional 1,028,778 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Arrow Electronics by 37.7% in the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock valued at $384,818,000 after buying an additional 871,585 shares during the period. Boston Partners increased its stake in shares of Arrow Electronics by 12.5% in the second 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 during the period. Finally, Earnest Partners LLC raised its holdings in Arrow Electronics by 0.3% in the 3rd quarter. Earnest Partners LLC now owns 1,479,482 shares of the technology company’s stock valued at $179,017,000 after buying an additional 5,068 shares during the last quarter. Institutional investors and hedge funds own 99.34% 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.