Avnet, Inc. (AVT) – What Are Researchers Saying About This Stock?

Posted by Brenda Bartman on Nov 9th, 2026

Shares of Avnet, Inc. (NASDAQ:AVT – Get Free Report) have been given an average recommendation of “Moderate Buy” by the six analysts that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $100.25.

A number of brokerages recently issued reports on AVT. Zacks Research downgraded shares of Avnet from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. Truist Financial increased their price objective on shares of Avnet from $110.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday. Weiss Ratings upgraded shares of Avnet from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Wells Fargo & Company raised their price objective on shares of Avnet from $80.00 to $85.00 and gave the company an “underweight” rating in a report on Thursday. Finally, Wall Street Zen raised shares of Avnet from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 17th.

Check Out Our Latest Report on AVT

Avnet Price Performance

Shares of NASDAQ AVT opened at $79.28 on Monday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.73 and a quick ratio of 0.87. The company has a market cap of $6.52 billion, a price-to-earnings ratio of 11.90, a price-to-earnings-growth ratio of 0.22 and a beta of 1.11. The stock’s 50-day moving average is $94.24 and its two-hundred day moving average is $81.57. Avnet has a 1-year low of $44.25 and a 1-year high of $108.63.

Avnet (NASDAQ:AVT – Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $3.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.77. Avnet had a return on equity of 14.15% and a net margin of 1.74%. The business had revenue of $10.72 billion during the quarter, compared to analysts’ expectations of $9.22 billion. During the same quarter last year, the business posted $0.84 EPS. The business’s quarterly revenue was up 81.7% compared to the same quarter last year. Analysts forecast that Avnet will post 11.55 EPS for the current fiscal year.

Avnet Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th were paid a $0.37 dividend. This is a boost from Avnet’s previous quarterly dividend of $0.35. This represents a $1.48 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Wednesday, September 9th. Avnet’s payout ratio is 22.22%.

Insiders Place Their Bets

In other Avnet news, SVP Michael Ryan Mccoy sold 32,052 shares of Avnet stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $91.10, for a total transaction of $2,919,937.20. Following the completion of the sale, the senior vice president directly owned 76,674 shares of the company’s stock, valued at $6,985,001.40. The trade was a 29.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Philip R. Gallagher sold 51,900 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was 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 approximately $16,632,158.58. This represents a 23.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Avnet

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Avnet during the second quarter worth approximately $25,000. Provenance Wealth Advisors LLC acquired a new stake in shares of Avnet in the third quarter valued at approximately $40,000. State of Wyoming acquired a new stake in shares of Avnet in the second quarter valued at approximately $37,000. Elevation Wealth Partners LLC boosted 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 acquiring an additional 185 shares during the period. Finally, Reyes Financial Architecture Inc. purchased a new position in shares of Avnet during the third quarter worth approximately $69,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Avnet News Summary

Here are the key news stories impacting Avnet this week:

Positive Sentiment: Avnet’s fiscal Q1 results reportedly beat expectations, with record sales, broad-based component demand and margin gains. Higher memory pricing and upbeat Q2 guidance also point to continued near-term momentum, though tighter supply and increased working-capital needs are considerations. Article: Avnet Q1 Earnings Beat Estimates on Record Sales & Strong Demand
Positive Sentiment: Truist raised its price target to $125 from $110 and maintained a Buy rating, signaling confidence in Avnet’s potential. Article: Truist Financial price-target update
Neutral Sentiment: Wells Fargo raised its target to $85 from $80 but kept an Underweight rating, reflecting a more cautious view despite the higher target. Article: Avnet Given New $85 Price Target at Wells Fargo
Negative Sentiment: A shareholder revolt is targeting two directors after Avnet’s $550 million debt deal. The challenge could raise concerns about governance and the company’s financing decisions. Article: Avnet Shareholder Revolt Targets Two Directors After $550 Million Debt Deal

About Avnet

(Get Free Report)

Avnet, Inc is a global distributor of electronic components and technology products. Its offerings include semiconductors, interconnect and electromechanical components, and embedded systems used in products across industries such as communications, industrial, automotive, and healthcare.

In addition to distributing components, Avnet provides services that support customers throughout product development and manufacturing. These include engineering and design assistance, supply-chain management, procurement, inventory planning, and logistics.

Founded in 1921, Avnet serves customers and suppliers across the Americas, Europe, the Middle East, Africa, and Asia.