Brokerages Set Avnet, Inc. (NASDAQ:AVT) PT at $89.50

Posted by Geri Gentry on Jul 30th, 2026

Shares of Avnet, Inc. (NASDAQ:AVT – Get Free Report) have been assigned an average rating of “Hold” from the six research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $89.50.

A number of analysts recently commented on AVT shares. Bank of America upgraded shares of Avnet from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $66.00 to $96.00 in a report on Wednesday, May 13th. Wall Street Zen raised Avnet from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Wells Fargo & Company increased their price objective on Avnet from $70.00 to $72.00 and gave the company an “underweight” rating in a research report on Monday, July 20th. Raymond James Financial restated a “strong-buy” rating and issued a $95.00 target price on shares of Avnet in a report on Thursday, April 30th. Finally, Truist Financial upped their target price on Avnet to $95.00 and gave the company a “buy” rating in a report on Wednesday, April 29th.

Check Out Our Latest Stock Report on Avnet

Insider Buying and Selling

In other Avnet news, CEO Philip R. Gallagher sold 23,920 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $82.92, for a total value of $1,983,446.40. Following the completion of the transaction, the chief executive officer directly owned 145,003 shares in the company, valued at $12,023,648.76. This trade represents a 14.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Avnet

A number of large investors have recently made changes to their positions in AVT. Empowered Funds LLC boosted its stake in Avnet by 1.9% in the 1st quarter. Empowered Funds LLC now owns 6,833 shares of the company’s stock worth $421,000 after purchasing an additional 129 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Avnet by 0.8% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 20,511 shares of the company’s stock valued at $1,264,000 after purchasing an additional 159 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in Avnet by 1.6% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 10,896 shares of the company’s stock valued at $671,000 after purchasing an additional 176 shares during the period. Quadrant Capital Group LLC lifted its holdings in shares of Avnet by 2.1% in the fourth quarter. Quadrant Capital Group LLC now owns 8,778 shares of the company’s stock valued at $422,000 after purchasing an additional 184 shares in the last quarter. Finally, Elevation Wealth Partners LLC lifted its holdings in shares of Avnet by 38.5% in the second quarter. Elevation Wealth Partners LLC now owns 666 shares of the company’s stock valued at $59,000 after purchasing an additional 185 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Avnet Trading Down 3.1%

Shares of Avnet stock opened at $83.59 on Friday. The business has a fifty day simple moving average of $87.47 and a 200-day simple moving average of $73.59. Avnet has a fifty-two week low of $44.25 and a fifty-two week high of $95.26. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 32.52, a price-to-earnings-growth ratio of 0.27 and a beta of 1.09. The company has a quick ratio of 1.05, a current ratio of 2.01 and a debt-to-equity ratio of 0.50.

Avnet (NASDAQ:AVT – Get Free Report) last issued its quarterly 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. Avnet had a net margin of 0.86% and a return on equity of 7.07%. The firm had revenue of $7.12 billion for the quarter, compared to analysts’ expectations of $6.45 billion. During the same period in the previous year, the business earned $0.84 earnings per share. Avnet’s revenue for the quarter was up 34.0% compared to the same quarter last year. On average, equities analysts forecast that Avnet will post 5.12 EPS for the current fiscal year.

Avnet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.40 dividend on an annualized basis and a yield of 1.7%. Avnet’s dividend payout ratio is currently 54.47%.

About Avnet

(Get 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.