American Century Companies Inc. Buys 91,496 Shares of Arrow Electronics, Inc. $ARW

Key Points

• American Century Companies Inc. increased its stake in Arrow Electronics by 90.8% during Q1, holding approximately 192,221 shares valued at nearly $20 million.
• Bank of America and GAMMA Investing significantly boosted their positions, with Bank of America increasing by 163.7% and GAMMA Investing by an astounding 31,181.6% in the first quarter.
• Arrow Electronics reported a Q2 EPS of $2.43, surpassing expectations by $0.40, and projected future earnings between $2.160 and $2.360 for Q3 2025.

American Century Companies Inc. raised its holdings in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 90.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 192,221 shares of the technology company's stock after buying an additional 91,496 shares during the period. American Century Companies Inc. owned about 0.37% of Arrow Electronics worth $19,958,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Operose Advisors LLC purchased a new stake in Arrow Electronics during the first quarter valued at about $31,000. Golden State Wealth Management LLC boosted its position in Arrow Electronics by 111.7% during the first quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company's stock valued at $39,000 after buying an additional 200 shares during the period. Covestor Ltd boosted its position in Arrow Electronics by 14.9% during the first quarter. Covestor Ltd now owns 1,118 shares of the technology company's stock valued at $116,000 after buying an additional 145 shares during the period. Exchange Traded Concepts LLC purchased a new stake in Arrow Electronics during the first quarter valued at about $120,000. Finally, Lindbrook Capital LLC boosted its position in Arrow Electronics by 300.5% during the first quarter. Lindbrook Capital LLC now owns 1,550 shares of the technology company's stock valued at $161,000 after buying an additional 1,163 shares during the period. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Arrow Electronics

In related news, SVP Carine Lamercie Jean-Claude sold 2,660 shares of the stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $124.64, for a total value of $331,542.40. Following the completion of the transaction, the senior vice president directly owned 17,057 shares of the company's stock, valued at $2,125,984.48. This represents a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sean J. Kerins purchased 8,630 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average cost of $114.91 per share, with a total value of $991,673.30. Following the completion of the purchase, the chief executive officer owned 122,408 shares of the company's stock, valued at $14,065,903.28. This represents a 7.58% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have issued reports on ARW shares. Bank of America upped their price target on shares of Arrow Electronics from $105.00 to $110.00 and gave the company an "underperform" rating in a research report on Monday, June 9th. Wall Street Zen upgraded shares of Arrow Electronics from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus price target of $115.75.

Arrow Electronics Trading Up 0.9%

Shares of NYSE:ARW traded up $1.09 during midday trading on Wednesday, hitting $128.10. 523,157 shares of the stock traded hands, compared to its average volume of 545,647. The stock has a market capitalization of $6.60 billion, a PE ratio of 14.49, a P/E/G ratio of 0.61 and a beta of 1.10. The business's 50 day moving average is $126.70 and its two-hundred day moving average is $116.14. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37. Arrow Electronics, Inc. has a one year low of $86.50 and a one year high of $137.80.

Arrow Electronics (NYSE:ARW - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The technology company reported $2.43 EPS for the quarter, beating the consensus estimate of $2.03 by $0.40. The firm had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.12 billion. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The company's quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.78 earnings per share. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. As a group, research analysts forecast that Arrow Electronics, Inc. will post 10.57 earnings per share for the current year.

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.