American Century Companies Inc. Acquires 46,216 Shares of Arrow Electronics, Inc. $ARW

American Century Companies Inc. raised its holdings in shares of Arrow Electronics, Inc. (NYSE:ARWFree Report) by 24.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 238,437 shares of the technology company’s stock after buying an additional 46,216 shares during the period. American Century Companies Inc. owned about 0.46% of Arrow Electronics worth $30,384,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ARW. Avantax Advisory Services Inc. increased its stake in shares of Arrow Electronics by 18.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 3,438 shares of the technology company’s stock worth $357,000 after purchasing an additional 539 shares in the last quarter. Cetera Investment Advisers increased its position in Arrow Electronics by 12.0% in the first quarter. Cetera Investment Advisers now owns 9,314 shares of the technology company’s stock worth $967,000 after buying an additional 997 shares in the last quarter. LPL Financial LLC raised its stake in shares of Arrow Electronics by 7.8% in the first quarter. LPL Financial LLC now owns 34,386 shares of the technology company’s stock worth $3,570,000 after buying an additional 2,475 shares during the period. GSA Capital Partners LLP lifted its position in shares of Arrow Electronics by 30.8% during the 1st quarter. GSA Capital Partners LLP now owns 6,564 shares of the technology company’s stock valued at $682,000 after buying an additional 1,544 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Arrow Electronics by 2.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 509,679 shares of the technology company’s stock valued at $52,920,000 after acquiring an additional 10,772 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Analyst Ratings Changes

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

Check Out Our Latest Stock Report on Arrow Electronics

Arrow Electronics Stock Performance

ARW opened at $108.01 on Monday. 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 market capitalization of $5.56 billion, a price-to-earnings ratio of 12.22, a PEG ratio of 0.55 and a beta of 1.10. The company has a fifty day moving average of $114.98 and a 200 day moving average of $121.48. Arrow Electronics, Inc. has a fifty-two week low of $86.50 and a fifty-two week high of $134.74.

Arrow Electronics (NYSE:ARWGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $2.41 EPS for the quarter, beating the consensus estimate of $2.28 by $0.13. The business had revenue of $7.71 billion during the quarter, compared to the consensus estimate of $7.67 billion. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The business’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.38 EPS. Arrow Electronics has set its Q4 2025 guidance at 3.440-3.640 EPS. As a group, sell-side analysts forecast that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

Arrow Electronics Profile

(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

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

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