Arrow Electronics (NYSE:ARW) Sets New 12-Month High – Should You Buy?

Arrow Electronics, Inc. (NYSE:ARW)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $236.57 and last traded at $234.73, with a volume of 52563 shares changing hands. The stock had previously closed at $232.70.

Wall Street Analyst Weigh In

ARW has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Truist Financial raised their price target on Arrow Electronics from $240.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, June 4th. Wells Fargo & Company lifted their price target on Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. 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 investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Arrow Electronics has a consensus rating of “Moderate Buy” and an average target price of $219.50.

Arrow Electronics Trading Up 1.2%

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 business’s fifty day moving average is $203.08 and its 200 day moving average is $156.82. The stock has a market cap of $12.04 billion, a PE ratio of 16.81 and a beta of 1.19.

Arrow Electronics (NYSE:ARW) last issued its earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $8.39 billion. During the same period last year, the company posted $1.80 earnings per share. The firm’s quarterly revenue was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, 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 share repurchase program on Wednesday, May 13th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to buy up to 9.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at Arrow Electronics

In related news, insider Eric Nowak sold 3,473 shares of Arrow Electronics 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 completion of the transaction, the insider directly owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the business’s stock in a transaction 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 sale, the senior vice president owned 12,626 shares in the company, valued at approximately $2,727,216. The trade was a 19.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Arrow Electronics

Several institutional investors and hedge funds have recently made changes to their positions in ARW. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Arrow Electronics by 45.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock worth $2,154,000 after acquiring an additional 6,523 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Arrow Electronics by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock worth $20,763,000 after purchasing an additional 14,886 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Arrow Electronics by 68.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after purchasing an additional 143 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Arrow Electronics during the 2nd quarter worth approximately $492,000. Finally, Walleye Capital LLC purchased a new stake in Arrow Electronics in the 2nd quarter valued at approximately $475,000. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

About Arrow Electronics

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.