Avnet (AVT) Projected to Release Earnings on Wednesday

Avnet (NASDAQ:AVT) is expected to be announcing its Q4 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to announce earnings of $1.76 per share and revenue of $7.5568 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q4 2026 earning report page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 12:00 PM ET.

Avnet (NASDAQ:AVT) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.33 by $0.15. Avnet had a return on equity of 7.07% and a net margin of 0.86%.The company had revenue of $7.12 billion for the quarter, compared to analyst estimates of $6.45 billion. During the same period last year, the company posted $0.84 earnings per share. The firm’s revenue was up 34.0% compared to the same quarter last year. On average, analysts expect Avnet to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Avnet Price Performance

Shares of NASDAQ AVT opened at $86.22 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.01 and a quick ratio of 1.05. Avnet has a 1-year low of $44.25 and a 1-year high of $95.26. The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 33.55, a PEG ratio of 0.28 and a beta of 1.09. The business has a 50-day moving average of $87.49 and a 200-day moving average of $73.35.

Avnet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.40 annualized dividend and a yield of 1.6%. Avnet’s payout ratio is 54.47%.

Analyst Ratings Changes

Several brokerages have issued reports on AVT. Bank of America raised shares of Avnet from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $66.00 to $96.00 in a research report on Wednesday, May 13th. Truist Financial boosted their target price on shares of Avnet to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Avnet from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Zacks Research lowered shares of Avnet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $95.00 price target on shares of Avnet in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $89.50.

Insider Activity

In other Avnet news, CEO Philip R. Gallagher sold 23,920 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $82.92, for a total value of $1,983,446.40. Following the transaction, the chief executive officer directly owned 145,003 shares of the company’s stock, valued at $12,023,648.76. This represents a 14.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.90% of the stock is currently owned by insiders.

Institutional Trading of Avnet

Several institutional investors have recently added to or reduced their stakes in AVT. Summit Securities Group LLC bought a new position in Avnet during the 4th quarter valued at $28,000. BOKF NA increased its position in shares of Avnet by 1,116.7% in the 3rd quarter. BOKF NA now owns 584 shares of the company’s stock worth $31,000 after purchasing an additional 536 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Avnet in the 4th quarter valued at about $90,000. EverSource Wealth Advisors LLC raised its stake in shares of Avnet by 81.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,918 shares of the company’s stock valued at $102,000 after purchasing an additional 863 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of Avnet by 21.1% during the second quarter. Osaic Holdings Inc. now owns 2,423 shares of the company’s stock worth $129,000 after purchasing an additional 423 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

About Avnet

Avnet, Inc (NASDAQ: AVT) is a global technology distributor and solutions provider specializing in the sourcing, design, and supply chain management of electronic components and embedded systems. The company offers a broad portfolio of semiconductors, interconnect, passive and electromechanical components, as well as embedded hardware and software, cloud solutions, and Internet of Things (IoT) services. Avnet’s offerings aim to support customers through every stage of the product lifecycle, from initial prototype and design to production and end-of-life management.

Founded in 1921 by Charles Avnet, the company has evolved from a regional radio parts supplier into a multinational enterprise.