United Services Automobile Association Buys New Position in Arrow Electronics, Inc. $ARW

Key Points

• United Services Automobile Association acquired 3,367 shares of Arrow Electronics valued at approximately $349,000 during Q1, highlighting increased institutional interest in the company.
• Arrow Electronics reported earnings of $2.43 per share for the last quarter, exceeding analysts' estimates and reflecting a 10% revenue increase year-over-year.
• Insider activity included CEO Sean J. Kerins purchasing 8,630 shares at an average price of $114.91, which raised his ownership stake by 7.58%.

United Services Automobile Association acquired a new position in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,367 shares of the technology company's stock, valued at approximately $349,000.

Several other hedge funds have also bought and sold shares of the business. Beverly Hills Private Wealth LLC boosted its stake in Arrow Electronics by 4.2% during the first quarter. Beverly Hills Private Wealth LLC now owns 2,643 shares of the technology company's stock worth $274,000 after acquiring an additional 106 shares in the last quarter. Net Worth Advisory Group boosted its stake in Arrow Electronics by 1.8% during the first quarter. Net Worth Advisory Group now owns 6,724 shares of the technology company's stock worth $698,000 after acquiring an additional 117 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in Arrow Electronics by 2.5% during the first quarter. Oppenheimer Asset Management Inc. now owns 4,887 shares of the technology company's stock worth $507,000 after acquiring an additional 121 shares in the last quarter. Fulton Bank N.A. boosted its stake in Arrow Electronics by 6.4% during the first quarter. Fulton Bank N.A. now owns 2,026 shares of the technology company's stock worth $210,000 after acquiring an additional 122 shares in the last quarter. Finally, SummerHaven Investment Management LLC boosted its stake in Arrow Electronics by 1.9% during the first quarter. SummerHaven Investment Management LLC now owns 6,577 shares of the technology company's stock worth $683,000 after acquiring an additional 124 shares in the last quarter. Institutional investors own 99.34% of the company's stock.

Arrow Electronics Stock Performance

Shares of ARW traded down $7.65 during mid-day trading on Wednesday, hitting $119.35. 245,126 shares of the company traded hands, compared to its average volume of 534,080. 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 50-day moving average price of $126.29 and a two-hundred day moving average price of $117.93. Arrow Electronics, Inc. has a 1 year low of $86.50 and a 1 year high of $137.80. The stock has a market cap of $6.15 billion, a price-to-earnings ratio of 13.52, a P/E/G ratio of 0.60 and a beta of 1.09.

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

Analysts Set New Price Targets

Several equities research analysts recently commented on ARW shares. Wall Street Zen raised shares of Arrow Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Bank of America lifted their target price on shares of Arrow Electronics from $105.00 to $110.00 and gave the stock an "underperform" rating in a report on Monday, June 9th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Arrow Electronics currently has an average rating of "Reduce" and an average price target of $115.75.

Insider Buying and Selling at Arrow Electronics

In related news, CEO Sean J. Kerins acquired 8,630 shares of the firm's stock in a transaction dated Friday, August 1st. The stock was purchased at an average cost of $114.91 per share, with a total value of $991,673.30. Following the completion of the acquisition, the chief executive officer directly owned 122,408 shares of the company's stock, valued at approximately $14,065,903.28. This trade represents a 7.58% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.80% of the stock is owned by insiders.

Arrow Electronics 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.