Zacks Research Comments on Avnet’s Q2 Earnings (NASDAQ:AVT)

Avnet, Inc. (NASDAQ:AVT) – Stock analysts at Zacks Research issued their Q2 2025 earnings estimates for shares of Avnet in a report issued on Wednesday, November 13th. Zacks Research analyst R. Department anticipates that the company will post earnings of $0.86 per share for the quarter. The consensus estimate for Avnet’s current full-year earnings is $4.09 per share. Zacks Research also issued estimates for Avnet’s Q3 2025 earnings at $1.09 EPS, Q4 2025 earnings at $1.25 EPS, FY2025 earnings at $4.13 EPS, Q1 2026 earnings at $1.23 EPS, Q2 2026 earnings at $1.26 EPS, Q3 2026 earnings at $1.38 EPS, Q4 2026 earnings at $1.43 EPS, FY2026 earnings at $5.30 EPS, Q1 2027 earnings at $1.53 EPS and FY2027 earnings at $6.71 EPS.

Avnet (NASDAQ:AVT) last announced its quarterly earnings data 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. The firm had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.43 billion. Avnet had a net margin of 1.51% and a return on equity of 8.46%. The business’s quarterly revenue was down 11.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.61 earnings per share.

AVT has been the topic of a number of other reports. Stifel Nicolaus upped their target price on Avnet from $50.00 to $55.00 and gave the stock a “hold” rating in a research report on Friday, August 9th. Wells Fargo & Company raised their price objective on shares of Avnet from $40.00 to $45.00 and gave the company an “underweight” rating in a research note on Friday, August 9th. Finally, Truist Financial boosted their target price on shares of Avnet from $48.00 to $52.00 and gave the stock a “hold” rating in a research report on Friday, August 9th.

Avnet Stock Down 1.2 %

Shares of NASDAQ:AVT opened at $52.26 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.07 and a current ratio of 2.25. Avnet has a 52-week low of $43.62 and a 52-week high of $59.24. The business’s 50 day simple moving average is $53.85 and its two-hundred day simple moving average is $53.24. The firm has a market cap of $4.54 billion, a P/E ratio of 13.68, a PEG ratio of 0.99 and a beta of 1.16.

Hedge Funds Weigh In On Avnet

Several large investors have recently bought and sold shares of the stock. TCW Group Inc. raised its holdings in shares of Avnet by 0.9% in the third quarter. TCW Group Inc. now owns 59,145 shares of the company’s stock valued at $3,212,000 after purchasing an additional 534 shares during the last quarter. Coldstream Capital Management Inc. increased its stake in Avnet by 5.1% in the 3rd quarter. Coldstream Capital Management Inc. now owns 4,538 shares of the company’s stock valued at $246,000 after buying an additional 222 shares during the last quarter. Barclays PLC lifted its position in shares of Avnet by 87.6% during the 3rd quarter. Barclays PLC now owns 91,842 shares of the company’s stock worth $4,988,000 after buying an additional 42,880 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in shares of Avnet in the 3rd quarter worth approximately $1,021,000. Finally, Kovitz Investment Group Partners LLC grew its holdings in shares of Avnet by 430.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 24,208 shares of the company’s stock valued at $1,289,000 after acquiring an additional 19,646 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

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.