Fifth Third Bancorp Increases Stake in Arrow Electronics, Inc. $ARW

Fifth Third Bancorp grew its stake in shares of Arrow Electronics, Inc. (NYSE:ARW) by 104.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,530 shares of the technology company’s stock after buying an additional 18,184 shares during the period. Fifth Third Bancorp’s holdings in Arrow Electronics were worth $5,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. ACR Alpine Capital Research LLC increased its position in Arrow Electronics by 3.9% in the first quarter. ACR Alpine Capital Research LLC now owns 3,578,313 shares of the technology company’s stock worth $513,166,000 after purchasing an additional 132,720 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of Arrow Electronics by 2.6% in the first quarter. Sequoia Financial Advisors LLC now owns 5,264 shares of the technology company’s stock worth $755,000 after purchasing an additional 135 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of Arrow Electronics by 45.9% during the first quarter. Hsbc Holdings PLC now owns 33,261 shares of the technology company’s stock worth $4,709,000 after acquiring an additional 10,458 shares during the period. Oregon Public Employees Retirement Fund raised its position in Arrow Electronics by 1.9% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 10,483 shares of the technology company’s stock valued at $1,503,000 after purchasing an additional 200 shares in the last quarter. Finally, QRG Capital Management Inc. lifted its stake in Arrow Electronics by 46.8% in the first quarter. QRG Capital Management Inc. now owns 7,312 shares of the technology company’s stock worth $1,049,000 after acquiring an additional 2,332 shares during the period. Institutional investors own 99.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ARW. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $122.00 to $233.00 in a report on Wednesday, May 13th. Wells Fargo & Company raised their target price on shares of Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. Truist Financial boosted their price target on Arrow Electronics from $240.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. Finally, Raymond James Financial restated an “outperform” rating and set a $220.00 target price 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 given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $219.50.

Arrow Electronics Stock Up 1.1%

ARW stock opened at $206.39 on Friday. The firm has a 50-day moving average of $214.97 and a two-hundred day moving average of $170.05. The company has a market cap of $10.55 billion, a price-to-earnings ratio of 14.76 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, Inc. has a 12 month low of $101.79 and a 12 month high of $237.33.

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 the consensus estimate of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The company had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $8.39 billion. During the same period in the prior year, the business earned $1.80 EPS. The firm’s quarterly revenue was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, analysts forecast that Arrow Electronics, Inc. will post 19.15 earnings per share for the current fiscal year.

Arrow Electronics announced that its board has authorized a stock buyback plan on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in 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 often a sign that the company’s board believes its shares are undervalued.

Insider Activity

In related news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $216.00, for a total transaction of $648,000.00. Following the completion of the sale, the senior vice president directly owned 12,626 shares in the company, valued at approximately $2,727,216. This trade represents a 19.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Eric Nowak sold 3,473 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were 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 in the company, valued at $10,303,696.65. The trade was a 6.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.80% of the stock is currently owned by company 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.