Arrow Electronics, Inc. $ARW Shares Acquired by Skandinaviska Enskilda Banken AB publ

by · The Cerbat Gem

Skandinaviska Enskilda Banken AB publ boosted its stake in Arrow Electronics, Inc. (NYSE:ARW – Free Report) by 208.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 108,129 shares of the technology company’s stock after buying an additional 73,097 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Arrow Electronics were worth $13,779,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Boston Partners lifted its stake in shares of Arrow Electronics by 12.5% in the 2nd quarter. Boston Partners now owns 2,739,427 shares of the technology company’s stock worth $348,518,000 after acquiring an additional 305,182 shares during the period. ACR Alpine Capital Research LLC increased its stake in shares of Arrow Electronics by 2,391.7% during the second quarter. ACR Alpine Capital Research LLC now owns 2,156,373 shares of the technology company’s stock valued at $274,787,000 after acquiring an additional 2,069,832 shares during the period. DnB Asset Management AS raised its holdings in Arrow Electronics by 23.4% during the first quarter. DnB Asset Management AS now owns 685,051 shares of the technology company’s stock worth $71,129,000 after purchasing an additional 129,986 shares in the last quarter. Northern Trust Corp lifted its position in Arrow Electronics by 6.3% in the first quarter. Northern Trust Corp now owns 672,375 shares of the technology company’s stock worth $69,813,000 after purchasing an additional 40,120 shares during the period. Finally, ARGA Investment Management LP lifted its position in Arrow Electronics by 94.7% in the second quarter. ARGA Investment Management LP now owns 571,645 shares of the technology company’s stock worth $72,845,000 after purchasing an additional 278,084 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

Arrow Electronics Price Performance

Shares of NYSE:ARW opened at $108.01 on Friday. The company has a market capitalization of $5.56 billion, a PE ratio of 12.22, a price-to-earnings-growth ratio of 0.55 and a beta of 1.10. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. The stock has a fifty day moving average of $114.98 and a 200-day moving average of $121.48. Arrow Electronics, Inc. has a one year low of $86.50 and a one year high of $134.74.

Arrow Electronics (NYSE:ARW – Get Free Report) last announced its earnings results on Thursday, October 30th. The technology company reported $2.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.28 by $0.13. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The company had revenue of $7.71 billion for the quarter, compared to analyst estimates of $7.67 billion. During the same period in the previous year, the firm earned $2.38 earnings per share. Arrow Electronics’s revenue for the quarter was up 13.0% compared to the same quarter last year. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. As a group, equities analysts anticipate that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ARW shares. Zacks Research cut Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 14th. Wells Fargo & Company decreased their target price on Arrow Electronics from $98.00 to $94.00 and set an “underweight” rating for the company in a research note on Friday, October 31st. Wall Street Zen lowered Arrow Electronics from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Arrow Electronics in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Arrow Electronics has a consensus rating of “Reduce” and an average target price of $102.00.

View Our Latest Report on ARW

About Arrow Electronics

(Free Report)

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.

Further Reading

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