Brokers Issue Forecasts for Avnet’s Q4 Earnings (NASDAQ:AVT)

Avnet, Inc. (NASDAQ:AVT) – Research analysts at Zacks Research lowered their Q4 2025 EPS estimates for Avnet in a report released on Wednesday, May 14th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.72 for the quarter, down from their previous forecast of $0.93. The consensus estimate for Avnet’s current full-year earnings is $3.41 per share. Zacks Research also issued estimates for Avnet’s Q2 2026 earnings at $1.29 EPS, Q4 2026 earnings at $1.52 EPS, FY2026 earnings at $5.22 EPS, Q2 2027 earnings at $1.64 EPS, Q3 2027 earnings at $1.74 EPS and FY2027 earnings at $6.68 EPS.

Several other equities analysts have also commented on the stock. Bank of America lowered shares of Avnet from a “neutral” rating to an “underperform” rating and dropped their price target for the company from $58.00 to $48.00 in a research note on Thursday, January 30th. Wells Fargo & Company dropped their price target on shares of Avnet from $45.00 to $43.00 and set an “underweight” rating on the stock in a research note on Thursday, May 1st. Finally, Truist Financial dropped their price target on shares of Avnet from $52.00 to $50.00 and set a “hold” rating on the stock in a research note on Thursday, May 1st.

Avnet Stock Down 0.0%

Shares of NASDAQ:AVT opened at $50.91 on Monday. The firm’s 50 day moving average price is $48.24 and its 200 day moving average price is $51.04. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 14.42, a price-to-earnings-growth ratio of 1.13 and a beta of 0.98. Avnet has a fifty-two week low of $39.22 and a fifty-two week high of $59.24. The company has a quick ratio of 1.15, a current ratio of 2.39 and a debt-to-equity ratio of 0.53.

Avnet (NASDAQ:AVT) last issued its earnings results on Wednesday, April 30th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.12. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.25 billion. Avnet had a net margin of 1.41% and a return on equity of 7.49%. The firm’s revenue was down 6.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 earnings per share.

Avnet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be given a dividend of $0.33 per share. The ex-dividend date is Wednesday, June 4th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.59%. Avnet’s dividend payout ratio (DPR) is presently 36.97%.

Insider Transactions at Avnet

In related news, VP Elizabeth Mcmullen sold 4,000 shares of Avnet stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $52.80, for a total value of $211,200.00. Following the transaction, the vice president now directly owns 14,626 shares in the company, valued at $772,252.80. This trade represents a 21.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Avnet

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC grew its position in Avnet by 254.7% in the 1st quarter. Jane Street Group LLC now owns 160,841 shares of the company’s stock valued at $7,735,000 after buying an additional 115,490 shares during the last quarter. Bayforest Capital Ltd grew its position in Avnet by 294.5% in the 1st quarter. Bayforest Capital Ltd now owns 27,247 shares of the company’s stock valued at $1,310,000 after buying an additional 20,340 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Avnet by 4.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,757 shares of the company’s stock valued at $17,012,000 after buying an additional 16,443 shares during the last quarter. Woodline Partners LP grew its position in Avnet by 44.9% in the 1st quarter. Woodline Partners LP now owns 1,055,356 shares of the company’s stock valued at $50,752,000 after buying an additional 327,195 shares during the last quarter. Finally, Empowered Funds LLC grew its position in Avnet by 9.3% in the 1st quarter. Empowered Funds LLC now owns 8,142 shares of the company’s stock valued at $392,000 after buying an additional 696 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

About Avnet

Avnet, Inc, distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers.