Candriam S.C.A. Makes New $2.06 Million Investment in Avnet, Inc. $AVT

Candriam S.C.A. acquired a new stake in Avnet, Inc. (NASDAQ:AVT) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 39,489 shares of the company’s stock, valued at approximately $2,064,000.

Several other large investors have also made changes to their positions in the business. GAMMA Investing LLC grew its stake in Avnet by 6.9% in the 3rd quarter. GAMMA Investing LLC now owns 2,984 shares of the company’s stock valued at $156,000 after acquiring an additional 192 shares during the period. Ballentine Partners LLC lifted its holdings in Avnet by 3.5% during the third quarter. Ballentine Partners LLC now owns 7,324 shares of the company’s stock valued at $383,000 after purchasing an additional 249 shares in the last quarter. Ethic Inc. grew its position in shares of Avnet by 1.3% in the third quarter. Ethic Inc. now owns 21,395 shares of the company’s stock valued at $1,119,000 after purchasing an additional 271 shares during the period. Lazard Asset Management LLC grew its position in shares of Avnet by 1.0% in the second quarter. Lazard Asset Management LLC now owns 28,877 shares of the company’s stock valued at $1,532,000 after purchasing an additional 279 shares during the period. Finally, Hantz Financial Services Inc. increased its stake in shares of Avnet by 132.7% during the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $27,000 after purchasing an additional 300 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Avnet Price Performance

AVT stock opened at $65.96 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.07 and a quick ratio of 1.07. The business has a 50 day simple moving average of $53.20 and a 200-day simple moving average of $51.87. The firm has a market capitalization of $5.40 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 0.49 and a beta of 0.93. Avnet, Inc. has a 1 year low of $39.22 and a 1 year high of $67.57.

Avnet (NASDAQ:AVT) last announced its quarterly earnings data on Wednesday, January 28th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.10. The firm had revenue of $6.32 billion for the quarter, compared to the consensus estimate of $6.03 billion. Avnet had a return on equity of 6.08% and a net margin of 0.90%.The firm’s revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.87 earnings per share. Avnet has set its Q3 2026 guidance at 1.200-1.300 EPS. Equities research analysts anticipate that Avnet, Inc. will post 3.41 earnings per share for the current fiscal year.

Avnet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were issued a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.1%. Avnet’s dividend payout ratio is currently 57.38%.

Analysts Set New Price Targets

AVT has been the topic of a number of research reports. Weiss Ratings raised shares of Avnet from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, January 30th. Wells Fargo & Company increased their target price on Avnet from $43.00 to $48.00 and gave the company an “underweight” rating in a report on Thursday, January 29th. Wall Street Zen raised Avnet from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Truist Financial increased their price objective on Avnet from $55.00 to $65.00 and gave the company a “hold” rating in a research note on Thursday, January 29th. Finally, Zacks Research upgraded Avnet from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Avnet presently has an average rating of “Reduce” and an average target price of $54.33.

Trending Headlines about Avnet

Here are the key news stories impacting Avnet this week:

• Positive Sentiment: Zacks raised several near‑term and FY2026 estimates (including FY2026 to $4.48 from $4.29, and bumps to Q3 & Q4 FY2026 and some FY2027 quarter estimates), which suggests pockets of stronger near‑term outlook that could support the stock. MarketBeat AVT
• Neutral Sentiment: Zacks left a “Hold” rating on AVT; the firm’s mixed set of raises and cuts signals caution rather than a clear upgrade or downgrade from analysts. MarketBeat AVT
• Neutral Sentiment: Reported short interest data shows essentially zero shares short (and an unreliable NaN change), so short covering or new short activity is not a meaningful driver of today’s move. MarketBeat AVT
• Negative Sentiment: Zacks trimmed several mid‑ to longer‑term estimates (cuts to Q1 FY2027, Q4 FY2027, FY2027 and FY2028 along with reductions to several quarterly forecasts), and lowered some forward-year expectations — a net downward revision for future earnings that can pressure the stock. MarketBeat AVT

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.