Avnet (AVT) News Today

Avnet, Inc. (NASDAQ:AVT) shares are moving after the company boosted its dividend and saw a mix of upward and downward EPS revisions from Zacks Research analysts. Investors should note the following drivers:

• Positive Sentiment: Declared a 6% quarterly dividend increase to $0.35 per share (2.7% yield), payable September 26. Avnet Increases Quarterly Dividend by 6%
• Positive Sentiment: Zacks Research raised its Q4 2027 EPS estimate to $1.89 from $1.84, signaling stronger late-year profitability expectations.
• Neutral Sentiment: Zacks Research issued its FY2028 EPS forecast of $7.59, outlining longer-term earnings assumptions.
• Negative Sentiment: Zacks Research cut its Q1 2026 EPS estimate to $0.80 from $0.95, suggesting a softer start to fiscal 2026.
• Negative Sentiment: Zacks Research dropped its Q2 2026 EPS projection to $1.05 from $1.27, marking the largest single-quarter downward revision.
• Negative Sentiment: Zacks Research trimmed its Q3 2026 EPS forecast to $1.34 from $1.44, indicating further mid-year pressure.
• Negative Sentiment: Zacks Research lowered its Q4 2026 EPS estimate to $1.42 from $1.51, weighing on fourth-quarter outlook.
• Negative Sentiment: Zacks Research decreased its Q1 2027 EPS estimate slightly to $1.44 from $1.45, reflecting modest downward adjustments.
• Negative Sentiment: Zacks Research reduced its Q3 2027 EPS estimate to $1.64 from $1.69, pointing to lower late-2027 guidance.
• Negative Sentiment: Zacks Research cut its FY2027 EPS forecast to $6.59 from $6.62, trimming full-year profit expectations.