Research Analysts Offer Predictions for Avnet Q3 Earnings

Avnet, Inc. (NASDAQ:AVT - Free Report) - Zacks Research dropped their Q3 2025 EPS estimates for shares of Avnet in a report released on Tuesday, February 11th. Zacks Research analyst R. Department now forecasts that the company will earn $0.72 per share for the quarter, down from their previous forecast of $1.07. The consensus estimate for Avnet's current full-year earnings is $3.57 per share. Zacks Research also issued estimates for Avnet's Q4 2025 earnings at $0.93 EPS, FY2025 earnings at $3.45 EPS, Q2 2026 earnings at $1.34 EPS, Q3 2026 earnings at $1.42 EPS, Q4 2026 earnings at $1.64 EPS and FY2026 earnings at $5.51 EPS.

A number of other research analysts also recently commented on the stock. Bank of America downgraded shares of Avnet from a "neutral" rating to an "underperform" rating and lowered their price target for the company from $58.00 to $48.00 in a report on Thursday, January 30th. Truist Financial lowered their price target on shares of Avnet from $54.00 to $52.00 and set a "hold" rating for the company in a report on Thursday, January 30th.

Avnet Trading Up 2.1 %

Shares of NASDAQ:AVT traded up $1.06 during trading on Friday, reaching $52.27. The company's stock had a trading volume of 689,852 shares, compared to its average volume of 685,731. The company has a current ratio of 2.39, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. Avnet has a 12 month low of $44.42 and a 12 month high of $59.24. The firm's 50 day simple moving average is $52.31 and its two-hundred day simple moving average is $53.25. The stock has a market capitalization of $4.52 billion, a PE ratio of 14.81, a price-to-earnings-growth ratio of 1.06 and a beta of 1.13.

Avnet (NASDAQ:AVT - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.01). Avnet had a net margin of 1.41% and a return on equity of 7.49%.

Avnet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend was Wednesday, December 4th. Avnet's payout ratio is currently 37.39%.

Institutional Trading of Avnet

Several institutional investors have recently added to or reduced their stakes in AVT. GeoWealth Management LLC bought a new stake in Avnet in the fourth quarter worth about $31,000. Synergy Investment Management LLC purchased a new position in shares of Avnet during the fourth quarter worth approximately $38,000. Natixis increased its position in shares of Avnet by 1,463.8% during the fourth quarter. Natixis now owns 735 shares of the company's stock worth $38,000 after acquiring an additional 688 shares during the period. Bessemer Group Inc. increased its position in shares of Avnet by 621.8% during the fourth quarter. Bessemer Group Inc. now owns 960 shares of the company's stock worth $50,000 after acquiring an additional 827 shares during the period. Finally, Capital Performance Advisors LLP purchased a new position in shares of Avnet during the third quarter worth approximately $51,000. Institutional investors own 95.78% of the company's stock.

About Avnet

Avnet, Inc, distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers.