Robeco Institutional Asset Management B.V. boosted its stake in Avnet, Inc. (NASDAQ:AVT – Free Report) by 42.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 112,921 shares of the company’s stock after buying an additional 33,845 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Avnet were worth $5,429,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Hantz Financial Services Inc. increased its holdings in Avnet by 132.7% in the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock valued at $27,000 after purchasing an additional 300 shares during the period. BOKF NA increased its holdings in Avnet by 1,116.7% in the third quarter. BOKF NA now owns 584 shares of the company’s stock valued at $31,000 after purchasing an additional 536 shares during the period. MAI Capital Management increased its holdings in Avnet by 53.7% in the third quarter. MAI Capital Management now owns 673 shares of the company’s stock valued at $35,000 after purchasing an additional 235 shares during the period. MassMutual Private Wealth & Trust FSB increased its holdings in Avnet by 53.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 737 shares of the company’s stock valued at $35,000 after purchasing an additional 258 shares during the period. Finally, Allworth Financial LP increased its holdings in Avnet by 199.1% in the third quarter. Allworth Financial LP now owns 700 shares of the company’s stock valued at $37,000 after purchasing an additional 466 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.
Avnet Stock Performance
Shares of AVT opened at $72.30 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $5.92 billion, a P/E ratio of 29.63, a price-to-earnings-growth ratio of 0.52 and a beta of 0.90. The firm’s fifty day simple moving average is $64.00 and its two-hundred day simple moving average is $55.13. Avnet, Inc. has a 12 month low of $44.25 and a 12 month high of $73.94.
Avnet Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $1.40 dividend on an annualized basis and a yield of 1.9%. Avnet’s dividend payout ratio is 57.38%.
Analysts Set New Price Targets
AVT has been the subject of a number of recent research reports. Zacks Research upgraded Avnet from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Wall Street Zen upgraded Avnet from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Wells Fargo & Company increased their price objective on Avnet from $43.00 to $48.00 and gave the company an “underweight” rating in a report on Thursday, January 29th. Weiss Ratings downgraded Avnet from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, March 19th. Finally, Truist Financial raised shares of Avnet from a “hold” rating to a “buy” rating and upped their price target for the company from $65.00 to $80.00 in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $59.33.
Read Our Latest Stock Report on Avnet
Key Stories Impacting Avnet
Here are the key news stories impacting Avnet this week:
- Positive Sentiment: Zacks and other outlets flag Avnet as a momentum name and include it among stocks with upside from 52-week highs — supporting further buying interest. 4 Stocks Trading Near 52-Week Highs With Room to Rise Further
- Positive Sentiment: Zacks upgraded Avnet from “hold” to “strong-buy,” a direct positive analyst action likely boosting demand. Zacks.com
- Positive Sentiment: Truist Financial raised its rating on AVT, and coverage notes link the upgrade to the stock’s new highs — further credibility for recent gains. Avnet (NASDAQ:AVT) Stock Rating Upgraded by Truist Financial
- Positive Sentiment: Press reports highlight AVT hitting fresh 52-week highs after upgrades, reinforcing momentum-driven flows. Avnet (NASDAQ:AVT) Hits New 52-Week High After Analyst Upgrade
- Neutral Sentiment: Avnet will report Q3 FY2026 earnings on April 29 — a near-term event that could widen intraday moves depending on guidance and results. Avnet to Report Third Quarter Fiscal Year 2026 Earnings on April 29
- Neutral Sentiment: Analyses comparing AVT to peers note the stock has outperformed parts of the tech/distribution group this year — useful context but not an immediate catalyst. Is Avnet (AVT) Stock Outpacing Its Computer and Technology Peers This Year?
- Negative Sentiment: Some analyst aggregation shows an average rating of “Reduce,” highlighting that not all sell-side views are bullish — this is a counterweight that could limit upside if revisions persist. Avnet, Inc. (NASDAQ:AVT) Receives Average Rating of “Reduce” from Analysts
Avnet Profile
Avnet, Inc (NASDAQ: AVT) is a global technology distributor and solutions provider specializing in the sourcing, design, and supply chain management of electronic components and embedded systems. The company offers a broad portfolio of semiconductors, interconnect, passive and electromechanical components, as well as embedded hardware and software, cloud solutions, and Internet of Things (IoT) services. Avnet’s offerings aim to support customers through every stage of the product lifecycle, from initial prototype and design to production and end-of-life management.
Founded in 1921 by Charles Avnet, the company has evolved from a regional radio parts supplier into a multinational enterprise.
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