Arrow ElectronicsARW
Market Cap: $6.7B
About: Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.
Employees: 22,100
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1.79% more ownership
Funds ownership: 98.95% [Q1] → 100.73% (+1.79%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 10 [Q1] → 10 (+0) [Q2]
9% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 171
3% less funds holding
Funds holding: 461 [Q1] → 448 (-13) [Q2]
6% less capital invested
Capital invested by funds: $6.89B [Q1] → $6.48B (-$415M) [Q2]
24% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 54
34% less call options, than puts
Call options by funds: $5.24M | Put options by funds: $7.91M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Wells Fargo Joseph Quatrochi 36% 1-year accuracy 4 / 11 met price target | 13%downside $110 | Underweight Maintained | 2 Aug 2024 |
Raymond James Melissa Fairbanks 67% 1-year accuracy 2 / 3 met price target | 11%upside $140 | Outperform Maintained | 2 Aug 2024 |
Truist Securities William Stein 64% 1-year accuracy 28 / 44 met price target | 11%upside $141 | Hold Maintained | 2 Aug 2024 |