Zacks Research Has Pessimistic Outlook of Avnet Q3 Earnings

Avnet, Inc. (NASDAQ:AVT) – Stock analysts at Zacks Research decreased their Q3 2025 earnings per share estimates for Avnet in a note issued to investors on Tuesday, February 11th. Zacks Research analyst R. Department now expects that the company will earn $0.72 per share for the quarter, down from their previous estimate 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 analysts have also commented on AVT. Truist Financial decreased their price objective on Avnet from $54.00 to $52.00 and set a “hold” rating on the stock in a research note on Thursday, January 30th. Bank of America lowered Avnet from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $58.00 to $48.00 in a research note on Thursday, January 30th.

Avnet Stock Up 1.4 %

AVT opened at $51.21 on Friday. The company has a quick ratio of 1.15, a current ratio of 2.39 and a debt-to-equity ratio of 0.53. The firm has a market cap of $4.43 billion, a P/E ratio of 14.51, a PEG ratio of 1.06 and a beta of 1.13. Avnet has a 52 week low of $44.42 and a 52 week high of $59.24. The business’s fifty day simple moving average is $52.41 and its 200 day simple moving average is $53.25.

Avnet (NASDAQ:AVT) last posted its earnings results on Wednesday, January 29th. The company reported $0.87 earnings per share 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%.

Hedge Funds Weigh In On Avnet

Several large investors have recently added to or reduced their stakes in AVT. Pacer Advisors Inc. lifted its position in Avnet by 11,848.6% during the fourth quarter. Pacer Advisors Inc. now owns 2,840,663 shares of the company’s stock worth $148,623,000 after buying an additional 2,816,889 shares during the period. Norges Bank purchased a new position in Avnet during the fourth quarter worth about $52,924,000. Raymond James Financial Inc. purchased a new position in Avnet during the fourth quarter worth about $32,676,000. Hotchkis & Wiley Capital Management LLC lifted its position in Avnet by 204.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 690,270 shares of the company’s stock worth $37,489,000 after buying an additional 463,660 shares during the period. Finally, Northern Trust Corp lifted its position in Avnet by 25.2% during the fourth quarter. Northern Trust Corp now owns 895,927 shares of the company’s stock worth $46,875,000 after buying an additional 180,134 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Avnet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th were given a dividend of $0.33 per share. The ex-dividend date was Wednesday, December 4th. This represents a $1.32 annualized dividend and a yield of 2.58%. Avnet’s dividend payout ratio (DPR) is presently 37.39%.

Avnet Company Profile

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.