Zacks Research Has Pessimistic Outlook of Avnet Q3 Earnings

Avnet, Inc. (NASDAQ:AVT) – Zacks Research dropped their Q3 2025 earnings per share (EPS) estimates for Avnet in a research report issued to clients and investors on Monday, December 30th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $1.07 for the quarter, down from their previous 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) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.06. The company had revenue of $5.60 billion during the quarter, compared to the consensus estimate of $5.43 billion. Avnet had a return on equity of 8.46% and a net margin of 1.51%. The business’s quarterly revenue was down 11.5% on a year-over-year basis. During the same period last year, the business earned $1.61 EPS.

Avnet Price Performance

Shares of AVT opened at $52.32 on Wednesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.07 and a current ratio of 2.25. The firm has a market cap of $4.55 billion, a PE ratio of 13.70, a PEG ratio of 1.01 and a beta of 1.14. Avnet has a twelve month low of $43.62 and a twelve month high of $59.24. The firm’s 50 day moving average price is $54.18 and its 200 day moving average price is $53.34.

Institutional Trading of Avnet

A number of institutional investors and hedge funds have recently made changes to their positions in AVT. Hsbc Holdings PLC boosted its holdings in shares of Avnet by 4.2% during the 2nd quarter. Hsbc Holdings PLC now owns 5,448 shares of the company’s stock worth $280,000 after buying an additional 219 shares during the period. Coldstream Capital Management Inc. boosted its holdings in Avnet by 5.1% during the third quarter. Coldstream Capital Management Inc. now owns 4,538 shares of the company’s stock valued at $246,000 after acquiring an additional 222 shares during the period. GAMMA Investing LLC grew its position in shares of Avnet by 20.2% in the third quarter. GAMMA Investing LLC now owns 1,836 shares of the company’s stock valued at $100,000 after purchasing an additional 309 shares during the last quarter. Foster & Motley Inc. increased its stake in shares of Avnet by 0.3% in the second quarter. Foster & Motley Inc. now owns 126,075 shares of the company’s stock worth $6,492,000 after purchasing an additional 339 shares during the period. Finally, Arizona State Retirement System lifted its position in shares of Avnet by 1.7% during the 2nd quarter. Arizona State Retirement System now owns 25,298 shares of the company’s stock worth $1,303,000 after purchasing an additional 431 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Avnet Dividend Announcement

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

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.