Avnet (AVT) Expected to Announce Earnings on Wednesday

Avnet (NASDAQ:AVT) is expected to post its Q2 2026 results before the market opens on Wednesday, January 28th. Analysts expect the company to announce earnings of $0.95 per share and revenue of $6.0312 billion for the quarter. Avnet has set its Q2 2026 guidance at 0.900-1.000 EPS. Interested persons can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, January 28, 2026 at 11:00 AM ET.

Avnet (NASDAQ:AVT) last issued its earnings results on Wednesday, October 29th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.03. Avnet had a net margin of 1.04% and a return on equity of 5.91%. The firm had revenue of $5.90 billion for the quarter, compared to analyst estimates of $5.73 billion. During the same quarter last year, the business posted $0.92 earnings per share. The company’s quarterly revenue was up 5.3% on a year-over-year basis. On average, analysts expect Avnet to post $3 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Avnet Stock Down 0.7%

Shares of AVT opened at $50.83 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.12 and a current ratio of 2.36. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of 18.97, a PEG ratio of 0.40 and a beta of 0.92. Avnet has a 52 week low of $39.22 and a 52 week high of $57.24. The stock has a fifty day moving average of $48.81 and a 200-day moving average of $51.09.

Avnet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.40 annualized dividend and a dividend yield of 2.8%. Avnet’s dividend payout ratio (DPR) is presently 52.24%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AVT. Truist Financial raised their target price on Avnet from $54.00 to $55.00 and gave the stock a “hold” rating in a research report on Thursday, October 30th. Zacks Research raised Avnet from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Avnet in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $49.33.

Institutional Investors Weigh In On Avnet

A number of institutional investors have recently added to or reduced their stakes in AVT. AQR Capital Management LLC lifted its position in shares of Avnet by 34.8% during the 3rd quarter. AQR Capital Management LLC now owns 2,265,679 shares of the company’s stock worth $117,974,000 after buying an additional 585,141 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Avnet by 86.9% in the third quarter. Millennium Management LLC now owns 373,422 shares of the company’s stock valued at $19,523,000 after acquiring an additional 173,579 shares in the last quarter. Bank of America Corp DE increased its position in shares of Avnet by 13.9% during the third quarter. Bank of America Corp DE now owns 1,041,359 shares of the company’s stock valued at $54,442,000 after acquiring an additional 127,118 shares during the last quarter. Jane Street Group LLC lifted its holdings in Avnet by 254.7% during the first quarter. Jane Street Group LLC now owns 160,841 shares of the company’s stock worth $7,735,000 after acquiring an additional 115,490 shares during the period. Finally, Invesco Ltd. lifted its holdings in Avnet by 19.0% during the third quarter. Invesco Ltd. now owns 698,626 shares of the company’s stock worth $36,524,000 after acquiring an additional 111,414 shares during the period. 95.78% of the stock is owned by institutional investors.

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.