Avnet (AVT) Expected to Announce Earnings on Wednesday

Avnet (NASDAQ:AVT) is projected to announce its Q3 2026 results before the market opens on Wednesday, April 29th. Analysts expect Avnet to post earnings of $1.33 per share and revenue of $6.3878 billion for the quarter. Avnet has set its Q3 2026 guidance at 1.200-1.300 EPS. Parties may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, April 29, 2026 at 12:00 PM ET.

Avnet (NASDAQ:AVT) last released its earnings results on Wednesday, January 28th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.95 by $0.10. The company had revenue of $6.32 billion during the quarter, compared to analysts’ expectations of $6.03 billion. Avnet had a net margin of 0.90% and a return on equity of 6.08%. The business’s revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the business earned $0.87 EPS. On average, analysts expect Avnet to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Avnet Trading Up 0.1%

NASDAQ AVT opened at $78.73 on Monday. The company has a quick ratio of 1.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $6.44 billion, a P/E ratio of 32.27, a P/E/G ratio of 0.58 and a beta of 0.90. Avnet has a 52-week low of $44.25 and a 52-week high of $79.17. The firm has a 50-day moving average price of $65.18 and a 200 day moving average price of $56.19.

Avnet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, March 4th. Avnet’s dividend payout ratio is 57.38%.

Institutional Trading of Avnet

Institutional investors have recently bought and sold shares of the company. Quadrant Capital Group LLC grew its holdings in Avnet by 2.1% in the fourth quarter. Quadrant Capital Group LLC now owns 8,778 shares of the company’s stock valued at $422,000 after purchasing an additional 184 shares during the last quarter. Deutsche Bank AG raised its stake in shares of Avnet by 0.8% during the 4th quarter. Deutsche Bank AG now owns 31,122 shares of the company’s stock worth $1,496,000 after buying an additional 234 shares during the last quarter. MML Investors Services LLC boosted its position in shares of Avnet by 5.9% in the 4th quarter. MML Investors Services LLC now owns 4,669 shares of the company’s stock worth $224,000 after buying an additional 261 shares in the last quarter. Lazard Asset Management LLC grew its stake in Avnet by 1.0% in the 2nd quarter. Lazard Asset Management LLC now owns 28,877 shares of the company’s stock valued at $1,532,000 after acquiring an additional 279 shares during the last quarter. Finally, Focus Partners Wealth grew its stake in Avnet by 5.0% in the 3rd quarter. Focus Partners Wealth now owns 6,585 shares of the company’s stock valued at $352,000 after acquiring an additional 316 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AVT shares. Weiss Ratings downgraded Avnet from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, March 19th. Wall Street Zen raised Avnet from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Wells Fargo & Company boosted their target price on shares of Avnet from $43.00 to $48.00 and gave the stock an “underweight” rating in a research report on Thursday, January 29th. Truist Financial raised shares of Avnet from a “hold” rating to a “buy” rating and upped their price target for the stock from $65.00 to $80.00 in a research note on Monday, April 13th. Finally, Zacks Research upgraded shares of Avnet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $59.33.

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.