Oakbrook Investments LLC increased its position in shares of Arrow Electronics, Inc. (NYSE:ARW) by 12.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,400 shares of the technology company’s stock after buying an additional 800 shares during the quarter. Oakbrook Investments LLC’s holdings in Arrow Electronics were worth $595,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Csenge Advisory Group acquired a new stake in Arrow Electronics in the 3rd quarter valued at approximately $291,000. Swiss National Bank increased its holdings in Arrow Electronics by 1.0% in the 3rd quarter. Swiss National Bank now owns 327,248 shares of the technology company’s stock valued at $26,314,000 after purchasing an additional 3,100 shares during the last quarter. Public Employees Retirement System of Ohio increased its holdings in Arrow Electronics by 92.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 58,112 shares of the technology company’s stock valued at $4,673,000 after purchasing an additional 27,862 shares during the last quarter. FDx Advisors Inc. increased its holdings in Arrow Electronics by 23.0% in the 3rd quarter. FDx Advisors Inc. now owns 20,712 shares of the technology company’s stock valued at $1,665,000 after purchasing an additional 3,876 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Arrow Electronics in the 3rd quarter valued at approximately $1,749,000. 92.94% of the stock is currently owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research downgraded shares of Arrow Electronics from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd.

Shares of Arrow Electronics, Inc. (ARW) opened at $86.42 on Tuesday. Arrow Electronics, Inc. has a 1-year low of $68.55 and a 1-year high of $87.26. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.58 and a quick ratio of 1.13. The firm has a market cap of $7,648.37, a P/E ratio of 15.21, a P/E/G ratio of 0.92 and a beta of 1.18.

Arrow Electronics (NYSE:ARW) last posted its earnings results on Thursday, November 2nd. The technology company reported $1.82 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.82. Arrow Electronics had a net margin of 2.00% and a return on equity of 13.63%. The firm had revenue of $6.95 billion during the quarter, compared to the consensus estimate of $6.58 billion. During the same quarter last year, the firm earned $1.56 EPS. The firm’s revenue for the quarter was up 17.1% on a year-over-year basis. equities analysts expect that Arrow Electronics, Inc. will post 7.36 earnings per share for the current fiscal year.

In other Arrow Electronics news, Director Gail Hamilton sold 4,800 shares of the business’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $78.33, for a total value of $375,984.00. Following the completion of the transaction, the director now owns 91 shares in the company, valued at $7,128.03. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Sean J. Kerins sold 3,816 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $78.87, for a total transaction of $300,967.92. Following the completion of the transaction, the insider now owns 25,552 shares of the company’s stock, valued at approximately $2,015,286.24. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,032 shares of company stock valued at $788,816. Insiders own 1.20% of the company’s stock.

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Arrow Electronics Profile

Arrow Electronics, Inc is a provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The Company has a portfolio of product offerings available from various electronic components and enterprise computing solutions suppliers.

Institutional Ownership by Quarter for Arrow Electronics (NYSE:ARW)

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