Zacks Research Has Negative Outlook for Avnet Q4 Earnings

Avnet, Inc. (NASDAQ:AVTFree Report) – Equities researchers at Zacks Research dropped their Q4 2025 earnings per share estimates for Avnet in a report released on Wednesday, May 14th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.72 per share for the quarter, down from their previous estimate of $0.93. The consensus estimate for Avnet’s current full-year earnings is $3.41 per share. Zacks Research also issued estimates for Avnet’s Q2 2026 earnings at $1.29 EPS, Q4 2026 earnings at $1.52 EPS, FY2026 earnings at $5.22 EPS, Q2 2027 earnings at $1.64 EPS, Q3 2027 earnings at $1.74 EPS and FY2027 earnings at $6.68 EPS.

Avnet (NASDAQ:AVTGet Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.12. The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.25 billion. Avnet had a return on equity of 7.49% and a net margin of 1.41%. The business’s revenue was down 6.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.10 earnings per share.

A number of other research firms also recently weighed in on AVT. Truist Financial cut their target price on Avnet from $52.00 to $50.00 and set a “hold” rating for the company in a research report on Thursday, May 1st. Wells Fargo & Company cut their target price on Avnet from $45.00 to $43.00 and set an “underweight” rating for the company in a research report on Thursday, May 1st. Finally, Bank of America downgraded Avnet from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $58.00 to $48.00 in a research report on Thursday, January 30th.

View Our Latest Stock Report on Avnet

Avnet Stock Performance

Shares of NASDAQ AVT opened at $51.88 on Monday. The company has a current ratio of 2.39, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. The stock has a 50 day simple moving average of $48.08 and a 200-day simple moving average of $51.07. The company has a market cap of $4.35 billion, a PE ratio of 14.70, a P/E/G ratio of 1.13 and a beta of 0.98. Avnet has a 12-month low of $39.22 and a 12-month high of $59.24.

Avnet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th will be given a $0.33 dividend. The ex-dividend date is Wednesday, June 4th. This represents a $1.32 dividend on an annualized basis and a yield of 2.54%. Avnet’s dividend payout ratio (DPR) is 36.97%.

Insiders Place Their Bets

In other news, VP Elizabeth Mcmullen sold 4,000 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $52.80, for a total transaction of $211,200.00. Following the completion of the sale, the vice president now owns 14,626 shares in the company, valued at approximately $772,252.80. This represents a 21.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is currently owned by insiders.

Institutional Trading of Avnet

Several large investors have recently added to or reduced their stakes in the company. Greenhaven Associates Inc. raised its stake in Avnet by 1.0% during the 4th quarter. Greenhaven Associates Inc. now owns 3,962,837 shares of the company’s stock valued at $207,336,000 after purchasing an additional 38,185 shares during the period. American Century Companies Inc. increased its stake in shares of Avnet by 10.8% in the first quarter. American Century Companies Inc. now owns 3,880,865 shares of the company’s stock worth $186,631,000 after acquiring an additional 378,440 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of Avnet by 11,848.6% in the fourth quarter. Pacer Advisors Inc. now owns 2,840,663 shares of the company’s stock worth $148,623,000 after acquiring an additional 2,816,889 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in shares of Avnet by 5.5% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,581,227 shares of the company’s stock worth $124,131,000 after acquiring an additional 134,372 shares during the last quarter. Finally, Earnest Partners LLC increased its stake in shares of Avnet by 3.4% in the first quarter. Earnest Partners LLC now owns 1,520,075 shares of the company’s stock worth $73,100,000 after acquiring an additional 50,041 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

About Avnet

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Avnet (NASDAQ:AVT)

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