Avnet (NASDAQ:AVT) Issues Q4 2026 Earnings Guidance

Avnet (NASDAQ:AVT) updated its fourth quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.700-1.800 for the period, compared to the consensus EPS estimate of 1.400. The company issued revenue guidance of $7.3 billion-$7.6 billion, compared to the consensus revenue estimate of $6.4 billion.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Weiss Ratings lowered shares of Avnet from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, March 19th. Zacks Research raised shares of Avnet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Wall Street Zen raised shares of Avnet from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Wells Fargo & Company upped their price objective on shares of Avnet from $43.00 to $48.00 and gave the company an “underweight” rating in a research note on Thursday, January 29th. Finally, Truist Financial raised shares of Avnet from a “hold” rating to a “buy” rating and upped their price objective for the company from $65.00 to $80.00 in a research note on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Avnet currently has an average rating of “Hold” and an average target price of $59.33.

Avnet Price Performance

NASDAQ AVT opened at $78.28 on Wednesday. The company has a 50 day simple moving average of $65.70 and a 200-day simple moving average of $56.59. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.07 and a quick ratio of 1.07. The firm has a market capitalization of $6.41 billion, a price-to-earnings ratio of 32.08, a price-to-earnings-growth ratio of 0.58 and a beta of 0.90. Avnet has a 52-week low of $44.25 and a 52-week high of $79.88.

Avnet (NASDAQ:AVT) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.15. The business had revenue of $7.12 billion during the quarter, compared to analyst estimates of $6.39 billion. Avnet had a net margin of 0.90% and a return on equity of 6.08%. Avnet has set its Q4 2026 guidance at 1.700-1.800 EPS. Equities research analysts predict that Avnet will post 4.62 earnings per share for the current fiscal year.

Avnet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, March 4th. Avnet’s dividend payout ratio is 57.38%.

Institutional Trading of Avnet

A number of hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC lifted its position in shares of Avnet by 30.7% in the fourth quarter. AQR Capital Management LLC now owns 2,961,608 shares of the company’s stock worth $142,394,000 after purchasing an additional 695,929 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Avnet by 5.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,011,676 shares of the company’s stock worth $105,170,000 after purchasing an additional 101,873 shares in the last quarter. Morgan Stanley lifted its position in shares of Avnet by 16.2% in the fourth quarter. Morgan Stanley now owns 1,524,945 shares of the company’s stock worth $73,319,000 after purchasing an additional 212,573 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Avnet by 13.9% in the third quarter. Bank of America Corp DE now owns 1,041,359 shares of the company’s stock worth $54,442,000 after purchasing an additional 127,118 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Avnet by 2.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 967,566 shares of the company’s stock worth $46,521,000 after purchasing an additional 26,561 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Avnet Company Profile

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.