Zacks Research Brokers Reduce Earnings Estimates for Avnet

Avnet, Inc. (NASDAQ:AVT - Free Report) - Analysts at Zacks Research reduced their Q3 2025 earnings per share estimates for Avnet in a report released on Monday, December 30th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.07 per share for the quarter, down from their prior estimate of $1.09. The consensus estimate for Avnet's current full-year earnings is $4.09 per share. Zacks Research also issued estimates for Avnet's Q4 2025 earnings at $1.22 EPS, FY2025 earnings at $4.07 EPS, Q2 2026 earnings at $1.24 EPS, Q3 2026 earnings at $1.36 EPS, Q4 2026 earnings at $1.41 EPS and FY2026 earnings at $5.24 EPS.

Avnet (NASDAQ:AVT - Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.06. Avnet had a net margin of 1.51% and a return on equity of 8.46%. The company had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.43 billion. During the same period in the previous year, the business posted $1.61 EPS. Avnet's revenue was down 11.5% on a year-over-year basis.

Avnet Trading Up 0.4 %

AVT traded up $0.23 during trading hours on Wednesday, reaching $52.32. The company's stock had a trading volume of 468,108 shares, compared to its average volume of 631,177. The stock has a market cap of $4.55 billion, a PE ratio of 13.70, a P/E/G ratio of 1.01 and a beta of 1.14. Avnet has a fifty-two week low of $43.62 and a fifty-two week high of $59.24. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.25 and a quick ratio of 1.07. The business's 50-day moving average is $54.18 and its 200-day moving average is $53.34.

Avnet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th were issued a $0.33 dividend. The ex-dividend date was Wednesday, December 4th. This represents a $1.32 annualized dividend and a yield of 2.52%. Avnet's dividend payout ratio (DPR) is currently 34.55%.

Hedge Funds Weigh In On Avnet

A number of hedge funds have recently made changes to their positions in AVT. JPMorgan Chase & Co. raised its position in Avnet by 13.2% in the third quarter. JPMorgan Chase & Co. now owns 243,295 shares of the company's stock valued at $13,213,000 after purchasing an additional 28,453 shares during the period. Franklin Resources Inc. grew its stake in shares of Avnet by 17.1% in the third quarter. Franklin Resources Inc. now owns 52,290 shares of the company's stock valued at $2,895,000 after buying an additional 7,619 shares in the last quarter. Synovus Financial Corp raised its holdings in shares of Avnet by 9.8% in the 3rd quarter. Synovus Financial Corp now owns 9,460 shares of the company's stock valued at $514,000 after buying an additional 843 shares during the period. Tidal Investments LLC lifted its stake in Avnet by 9.0% during the 3rd quarter. Tidal Investments LLC now owns 13,547 shares of the company's stock worth $736,000 after acquiring an additional 1,118 shares in the last quarter. Finally, World Investment Advisors LLC purchased a new position in Avnet during the 3rd quarter valued at about $378,000. Hedge funds and other 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.