Arrow ElectronicsARW
Market Cap: 6.53B
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 Q1 SEC filings by fund managers ($100M+ AUM)
150% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 10 (+6) [Q1 2024]
4% more capital invested
Capital invested by funds: $6.5B [Q4 2023] → $6.77B (+$272M) [Q1 2024]
0.95% less ownership
Funds ownership: 98.22% [Q4 2023] → 97.26% (-0.95%) [Q1 2024]
6% less funds holding
Funds holding: 485 [Q4 2023] → 457 (-28) [Q1 2024]
14% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 176
24% less call options, than puts
Call options by funds: $18.3M | Put options by funds: $24.2M
33% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 85
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
Goldman Sachs Toshiya Hari | 8%upside $132 | Neutral Maintained | 28 May 2024 |
Goldman Sachs Toshiya Hari | 8%upside $132 | Neutral Maintained | 21 May 2024 |
Truist Securities William Stein | 1%upside $124 | Hold Maintained | 9 Feb 2024 |
Goldman Sachs Toshiya Hari | 5%downside $116 | Neutral Maintained | 9 Feb 2024 |