Dimensional Fund Advisors LP Acquires 91,310 Shares of Arrow Electronics, Inc. (NYSE:ARW)

Dimensional Fund Advisors LP boosted its holdings in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,930,459 shares of the technology company's stock after buying an additional 91,310 shares during the period. Dimensional Fund Advisors LP owned approximately 5.57% of Arrow Electronics worth $331,493,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ARW. Boston Partners grew its holdings in shares of Arrow Electronics by 14.8% during the fourth quarter. Boston Partners now owns 2,474,074 shares of the technology company's stock worth $280,138,000 after purchasing an additional 318,329 shares in the last quarter. Greenhaven Associates Inc. grew its stake in Arrow Electronics by 1.1% in the 4th quarter. Greenhaven Associates Inc. now owns 1,904,857 shares of the technology company's stock worth $215,477,000 after buying an additional 20,484 shares in the last quarter. Fiduciary Management Inc. WI increased its holdings in shares of Arrow Electronics by 44.1% in the 4th quarter. Fiduciary Management Inc. WI now owns 1,548,925 shares of the technology company's stock worth $175,214,000 after buying an additional 473,909 shares during the last quarter. Lyrical Asset Management LP raised its position in shares of Arrow Electronics by 0.7% during the 4th quarter. Lyrical Asset Management LP now owns 1,454,883 shares of the technology company's stock valued at $164,576,000 after buying an additional 9,670 shares in the last quarter. Finally, FMR LLC raised its position in shares of Arrow Electronics by 208.8% during the 4th quarter. FMR LLC now owns 1,343,090 shares of the technology company's stock valued at $151,930,000 after buying an additional 908,185 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors.

Arrow Electronics Trading Down 0.2 %

NYSE:ARW traded down $0.25 during trading hours on Friday, reaching $111.83. The company's stock had a trading volume of 718,445 shares, compared to its average volume of 480,081. The firm has a 50-day simple moving average of $104.32 and a 200-day simple moving average of $114.01. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.08 and a current ratio of 1.46. Arrow Electronics, Inc. has a 1 year low of $86.50 and a 1 year high of $137.80. The firm has a market capitalization of $5.80 billion, a price-to-earnings ratio of 15.36, a PEG ratio of 0.52 and a beta of 1.18.

Arrow Electronics (NYSE:ARW - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $2.97 EPS for the quarter, topping the consensus estimate of $2.80 by $0.17. Arrow Electronics had a return on equity of 9.69% and a net margin of 1.40%. Research analysts expect that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Analysts Set New Price Targets

ARW has been the topic of a number of research analyst reports. Wells Fargo & Company reduced their target price on Arrow Electronics from $100.00 to $98.00 and set an "underweight" rating on the stock in a research note on Friday, February 7th. Bank of America lowered Arrow Electronics from a "neutral" rating to an "underperform" rating in a research report on Friday, February 7th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $121.25.

Insider Activity at Arrow Electronics

In related news, Director William F. Austen acquired 1,900 shares of the stock in a transaction on Wednesday, March 12th. The stock was acquired at an average cost of $104.12 per share, for a total transaction of $197,828.00. Following the completion of the acquisition, the director now directly owns 7,858 shares of the company's stock, valued at approximately $818,174.96. This represents a 31.89 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Yun Sung Cho sold 353 shares of the company's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $112.11, for a total value of $39,574.83. Following the transaction, the chief accounting officer now owns 1,549 shares in the company, valued at $173,658.39. This trade represents a 18.56 % decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.

Arrow Electronics Company Profile

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.