Zacks Research Weighs in on Avnet's Q4 Earnings (NASDAQ:AVT)

Avnet, Inc. (NASDAQ:AVT - Free Report) - Stock analysts at Zacks Research lowered their Q4 2025 EPS estimates for shares of Avnet in a report issued on Wednesday, May 14th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.72 per share for the quarter, down from their prior estimate 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 brokerages have also recently weighed in on AVT. Wells Fargo & Company lowered their price objective 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. Truist Financial reduced their target price on shares of Avnet from $52.00 to $50.00 and set a "hold" rating for the company in a report on Thursday, May 1st. Finally, Bank of America lowered shares of Avnet from a "neutral" rating to an "underperform" rating and cut their price objective for the company from $58.00 to $48.00 in a report on Thursday, January 30th.

Avnet Stock Down 0.9%

AVT stock traded down $0.45 during trading on Monday, hitting $49.72. 452,245 shares of the stock traded hands, compared to its average volume of 750,680. Avnet has a 1 year low of $39.22 and a 1 year high of $59.24. The firm's 50 day moving average is $48.35 and its two-hundred day moving average is $50.93. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 14.08, 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 current ratio of 2.39 and a quick ratio of 1.15.

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

Avnet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date is Wednesday, June 4th. Avnet's dividend payout ratio (DPR) is 36.97%.

Insider Buying and Selling

In related news, VP Elizabeth Mcmullen sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $52.80, for a total transaction of $211,200.00. Following the completion of the sale, the vice president now directly owns 14,626 shares in the company, valued at approximately $772,252.80. The trade was a 21.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.50% of the company's stock.

Hedge Funds Weigh In On Avnet

Several hedge funds have recently bought and sold shares of the company. Pacer Advisors Inc. increased its holdings in shares of Avnet by 11,848.6% in the 4th quarter. Pacer Advisors Inc. now owns 2,840,663 shares of the company's stock valued at $148,623,000 after acquiring an additional 2,816,889 shares during the last quarter. Norges Bank purchased a new stake in shares of Avnet in the fourth quarter valued at approximately $52,924,000. Woodline Partners LP purchased a new stake in shares of Avnet in the fourth quarter valued at approximately $38,097,000. Raymond James Financial Inc. purchased a new stake in shares of Avnet in the fourth quarter valued at approximately $32,676,000. Finally, Bank of America Corp DE boosted its position in Avnet by 149.9% during the fourth quarter. Bank of America Corp DE now owns 701,957 shares of the company's stock worth $36,726,000 after purchasing an additional 421,098 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

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.