Avnet (NASDAQ:AVT) Stock Lifted to “Strong-Buy” by Wall Street Zen

Posted by Brian Himes on Oct 18th, 2026

Wall Street Zen upgraded shares of Avnet (NASDAQ:AVT – Free Report) from a buy rating to a strong-buy rating in a research note published on Saturday morning,Wall Street Zen reports.

A number of other analysts also recently issued reports on AVT. Weiss Ratings upgraded Avnet from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. Truist Financial upped their price target on shares of Avnet from $95.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Zacks Research raised shares of Avnet from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Finally, Wells Fargo & Company raised their price objective on shares of Avnet from $70.00 to $72.00 and gave the stock an “underweight” rating in a research note on Monday, July 20th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $93.25.

Check Out Our Latest Stock Analysis on Avnet

Avnet Stock Performance

Shares of Avnet stock opened at $90.03 on Friday. Avnet has a 12 month low of $44.25 and a 12 month high of $108.63. The company has a current ratio of 1.78, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $7.40 billion, a P/E ratio of 22.56, a P/E/G ratio of 0.27 and a beta of 1.06. The business has a fifty day simple moving average of $95.43 and a two-hundred day simple moving average of $87.35.

Avnet (NASDAQ:AVT – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.28 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.48. The firm had revenue of $8.30 billion during the quarter, compared to analysts’ expectations of $7.56 billion. Avnet had a return on equity of 9.57% and a net margin of 1.21%. The company’s revenue was up 47.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.81 earnings per share. Avnet has set its Q1 2027 guidance at 2.800-2.900 EPS. On average, equities analysts forecast that Avnet will post 10.45 earnings per share for the current fiscal year.

Avnet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th were given a dividend of $0.37 per share. The ex-dividend date was Wednesday, September 9th. This is an increase from Avnet’s previous quarterly dividend of $0.35. This represents a $1.48 annualized dividend and a yield of 1.6%. Avnet’s dividend payout ratio (DPR) is 37.09%.

Insider Buying and Selling

In related news, CEO Philip Gallagher sold 51,900 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $98.46, for a total value of $5,110,074.00. Following the transaction, the chief executive officer directly owned 168,923 shares of the company’s stock, valued at $16,632,158.58. This trade represents a 23.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Michael Ryan Mccoy sold 32,052 shares of Avnet stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $91.10, for a total transaction of $2,919,937.20. Following the completion of the transaction, the senior vice president owned 76,674 shares in the company, valued at approximately $6,985,001.40. This represents a 29.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.00% of the stock is currently owned by insiders.

Institutional Trading of Avnet

A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in shares of Avnet during the 2nd quarter worth approximately $916,146,000. Dimensional Fund Advisors LP boosted its position in shares of Avnet by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 5,885,636 shares of the company’s stock worth $362,655,000 after acquiring an additional 22,137 shares during the last quarter. Pzena Investment Management LLC acquired a new position in shares of Avnet in the 2nd quarter valued at $277,153,000. Bank of America Corp DE purchased a new position in shares of Avnet in the 2nd quarter worth about $91,844,000. Finally, Bank of New York Mellon Corp purchased a new stake in Avnet during the second quarter worth approximately $74,897,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Avnet Company Profile

(Get Free Report)

Avnet, Inc is a global technology distributor and solutions provider that connects electronic component manufacturers with customers ranging from original equipment manufacturers and contract manufacturers to design engineers and startups. The company distributes semiconductors, interconnect products, passive and electromechanical components, and embedded computing products used in industrial, automotive, communications, aerospace and defense, healthcare, and consumer applications.

In addition to component distribution, Avnet provides engineering and design support, embedded systems, product customization, supply chain management, logistics, and other services intended to help customers move products from concept and prototyping through production.