Zacks Research Has Negative Outlook for Avnet Q4 Earnings

Avnet, Inc. (NASDAQ:AVT - Free Report) - Stock analysts at Zacks Research decreased their Q4 2025 EPS estimates for Avnet in a research report issued to clients and investors on Wednesday, May 14th. Zacks Research analyst R. Department now anticipates that the company will earn $0.72 per share 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.

Avnet (NASDAQ:AVT - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.12. Avnet had a net margin of 1.41% and a return on equity of 7.49%. The firm had revenue of $5.32 billion during the quarter, compared to analysts' expectations of $5.25 billion. During the same period in the prior year, the company posted $1.10 earnings per share. The firm's revenue for the quarter was down 6.0% on a year-over-year basis.

A number of other analysts have also issued reports on AVT. Wells Fargo & Company decreased their target price on shares of Avnet from $45.00 to $43.00 and set an "underweight" rating on the stock in a research report on Thursday, May 1st. Truist Financial decreased their target price on shares of Avnet from $52.00 to $50.00 and set a "hold" rating on the stock in a research report on Thursday, May 1st. Finally, Bank of America lowered shares of Avnet from a "neutral" rating to an "underperform" rating and decreased their target price for the stock from $58.00 to $48.00 in a research report on Thursday, January 30th.

Avnet Stock Up 0.6%

Shares of NASDAQ AVT opened at $51.88 on Monday. Avnet has a 1 year low of $39.22 and a 1 year high of $59.24. The firm's 50 day moving average price is $48.08 and its 200 day moving average price is $51.07. The firm has a market cap of $4.35 billion, a P/E ratio of 14.70, a price-to-earnings-growth ratio of 1.13 and a beta of 0.98. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.15 and a current ratio of 2.39.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AVT. Greenhaven Associates Inc. lifted its stake in shares of Avnet by 1.0% during the fourth quarter. Greenhaven Associates Inc. now owns 3,962,837 shares of the company's stock worth $207,336,000 after purchasing an additional 38,185 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Avnet by 10.8% during the first quarter. American Century Companies Inc. now owns 3,880,865 shares of the company's stock worth $186,631,000 after purchasing an additional 378,440 shares in the last quarter. Pacer Advisors Inc. lifted its stake in shares of Avnet by 11,848.6% during the fourth quarter. Pacer Advisors Inc. now owns 2,840,663 shares of the company's stock worth $148,623,000 after purchasing an additional 2,816,889 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in shares of Avnet by 5.5% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,581,227 shares of the company's stock worth $124,131,000 after purchasing an additional 134,372 shares in the last quarter. Finally, Earnest Partners LLC lifted its stake in shares of Avnet by 3.4% during the first quarter. Earnest Partners LLC now owns 1,520,075 shares of the company's stock worth $73,100,000 after purchasing an additional 50,041 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Avnet

In other Avnet 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 owns 14,626 shares in the company, valued at $772,252.80. This trade represents a 21.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is owned by company insiders.

Avnet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.54%. Avnet's dividend payout ratio (DPR) is presently 36.97%.

Avnet Company Profile

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.

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