Atlas Capital Advisors Inc. Buys New Position in Avnet, Inc. $AVT

Posted by Geri Gentry on Jun 16th, 2026

Atlas Capital Advisors Inc. bought a new stake in shares of Avnet, Inc. (NASDAQ:AVT – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 10,913 shares of the company’s stock, valued at approximately $525,000.

Other hedge funds have also recently added to or reduced their stakes in the company. BOKF NA boosted its stake in Avnet by 1,116.7% during the 3rd 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 raised its holdings in Avnet by 53.7% in the 3rd quarter. MAI Capital Management now owns 673 shares of the company’s stock valued at $35,000 after acquiring an additional 235 shares in the last quarter. Allworth Financial LP raised its holdings in Avnet by 199.1% in the 3rd quarter. Allworth Financial LP now owns 700 shares of the company’s stock valued at $37,000 after acquiring an additional 466 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in Avnet by 53.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 737 shares of the company’s stock valued at $35,000 after acquiring an additional 258 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in Avnet by 62.0% in the 4th quarter. Hantz Financial Services Inc. now owns 852 shares of the company’s stock valued at $41,000 after acquiring an additional 326 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Insider Activity at Avnet

In related news, CEO Philip R. Gallagher sold 23,920 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $82.92, for a total transaction of $1,983,446.40. Following the completion of the transaction, the chief executive officer owned 145,003 shares in the company, valued at $12,023,648.76. This trade represents a 14.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

AVT has been the subject of several recent research reports. Wells Fargo & Company upped their price target on Avnet from $60.00 to $70.00 and gave the company an “underweight” rating in a report on Thursday, April 30th. Wall Street Zen cut Avnet from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. Truist Financial upped their price target on Avnet to $95.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Bank of America raised Avnet from an “underperform” rating to a “neutral” rating and upped their price target for the company from $66.00 to $96.00 in a report on Wednesday, May 13th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and issued a $95.00 price target on shares of Avnet in a report on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $89.00.

Check Out Our Latest Research Report on AVT

Avnet Price Performance

Avnet stock opened at $91.78 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.01 and a quick ratio of 1.05. The company has a market capitalization of $7.53 billion, a PE ratio of 35.71, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. Avnet, Inc. has a one year low of $44.25 and a one year high of $95.26. The business has a 50 day simple moving average of $80.72 and a 200 day simple moving average of $64.98.

Avnet (NASDAQ:AVT – Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.33 by $0.15. The business had revenue of $7.12 billion during the quarter, compared to the consensus estimate of $6.45 billion. Avnet had a return on equity of 7.07% and a net margin of 0.86%.Avnet’s revenue was up 34.0% on a year-over-year basis. During the same quarter last year, the company earned $0.84 EPS. Avnet has set its Q4 2026 guidance at 1.700-1.800 EPS. On average, sell-side analysts forecast that Avnet, Inc. will post 5.12 EPS for the current fiscal year.

Avnet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Wednesday, June 3rd. Avnet’s dividend payout ratio (DPR) is 54.47%.

About Avnet

(Free Report)

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.