Arrow Electronics, Inc. (NYSE:ARW) Stock Has Consensus Target Price of $233.25

Shares of Arrow Electronics, Inc. (NYSE:ARW) have received a consensus recommendation of “Moderate Buy” from the six analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $233.25.

Several research analysts have recently weighed in on ARW shares. Truist Financial lowered their price objective on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Wall Street Zen cut Arrow Electronics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 19th. Raymond James Financial reiterated an “outperform” rating and issued a $250.00 target price on shares of Arrow Electronics in a report on Friday, August 7th. Wells Fargo & Company boosted their price target on Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. Finally, Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 1st.

Insider Buying and Selling at Arrow Electronics

In related 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 transaction of $209,850.00. Following the transaction, the senior vice president owned 11,626 shares in the company, valued at $2,439,716.10. The trade was a 7.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Arrow Electronics

A number of large investors have recently bought and sold shares of ARW. BlackRock Inc. acquired a new position in shares of Arrow Electronics during the second quarter valued at about $1,070,534,000. ACR Alpine Capital Research LLC boosted its position in shares of Arrow Electronics by 3.9% during the 1st 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 in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Arrow Electronics by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,007,509 shares of the technology company’s stock valued at $431,280,000 after buying an additional 11,894 shares during the period. State Street Corp grew its stake in shares of Arrow Electronics by 0.5% in the 2nd quarter. State Street Corp now owns 1,694,603 shares of the technology company’s stock valued at $361,645,000 after buying an additional 8,238 shares during the period. Finally, Bank of America Corp DE bought a new stake in Arrow Electronics in the 2nd quarter valued at about $270,981,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Arrow Electronics Trading Up 2.3%

ARW opened at $232.60 on Friday. Arrow Electronics has a twelve month low of $101.79 and a twelve month high of $237.33. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $213.69 and a 200-day moving average of $197.99. The stock has a market cap of $11.84 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 0.33 and a beta of 1.19.

Arrow Electronics (NYSE:ARW) last announced its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, topping analysts’ consensus estimates of $4.45 by $1.00. The business had revenue of $9.99 billion during the quarter, compared to the consensus estimate of $9.67 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. Arrow Electronics’s quarterly revenue was up 31.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.43 earnings per share. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, sell-side analysts predict that Arrow Electronics will post 21.24 EPS for the current year.

Arrow Electronics Company 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.