Avnet (AVT) Expected to Announce Quarterly Earnings on Wednesday

Avnet (NASDAQ:AVT) is expected to be posting its Q2 2026 results before the market opens on Wednesday, January 28th. Analysts expect Avnet to post 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. Individuals 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 quarterly earnings results on Wednesday, October 29th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.03. The business had revenue of $5.90 billion for the quarter, compared to analysts’ expectations of $5.73 billion. Avnet had a net margin of 1.04% and a return on equity of 5.91%. The business’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period last year, the business earned $0.92 earnings per share. On average, analysts expect Avnet to post $3 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Avnet Trading Down 3.3%

Shares of AVT opened at $49.14 on Wednesday. Avnet has a fifty-two week low of $39.22 and a fifty-two week high of $57.24. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 18.34, a PEG ratio of 0.40 and a beta of 0.92. The firm has a 50 day moving average price of $48.56 and a 200-day moving average price of $51.19. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.12 and a current ratio of 2.36.

Avnet Dividend Announcement

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

Institutional Trading of Avnet

A number of institutional investors have recently modified their holdings of the business. Royal Bank of Canada increased its position in shares of Avnet by 3.0% in the first quarter. Royal Bank of Canada now owns 71,697 shares of the company’s stock valued at $3,447,000 after buying an additional 2,101 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Avnet by 16.0% in the first quarter. Goldman Sachs Group Inc. now owns 231,814 shares of the company’s stock valued at $11,148,000 after acquiring an additional 31,919 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of Avnet during the first quarter valued at $267,000. Empowered Funds LLC raised its holdings in Avnet by 9.3% in the 1st quarter. Empowered Funds LLC now owns 8,142 shares of the company’s stock valued at $392,000 after acquiring an additional 696 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Avnet by 4.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,757 shares of the company’s stock worth $17,012,000 after purchasing an additional 16,443 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Avnet Company Profile

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.