Robeco Institutional Asset Management B.V. Has $5.43 Million Stake in Avnet, Inc. $AVT

Robeco Institutional Asset Management B.V. boosted its stake in Avnet, Inc. (NASDAQ:AVTFree 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 (NASDAQ:AVTGet Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.10. The business had revenue of $6.32 billion for the quarter, compared to analysts’ expectations of $6.03 billion. Avnet had a net margin of 0.90% and a return on equity of 6.08%. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.87 earnings per share. Avnet has set its Q3 2026 guidance at 1.200-1.300 EPS. As a group, analysts predict that Avnet, Inc. will post 3.41 EPS for the current year.

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

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Avnet Profile

(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.

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Institutional Ownership by Quarter for Avnet (NASDAQ:AVT)

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