Advisors Asset Management Inc. Has $2.06 Million Stock Position in Avnet, Inc. $AVT

Advisors Asset Management Inc. increased its stake in Avnet, Inc. (NASDAQ:AVT) by 27.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,457 shares of the company’s stock after purchasing an additional 8,547 shares during the period. Advisors Asset Management Inc.’s holdings in Avnet were worth $2,063,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of AVT. LSV Asset Management grew its stake in Avnet by 2.5% during the second quarter. LSV Asset Management now owns 2,667,923 shares of the company’s stock worth $141,613,000 after buying an additional 66,191 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Avnet by 25.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,680,538 shares of the company’s stock worth $88,312,000 after acquiring an additional 345,721 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Avnet by 3.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,101,103 shares of the company’s stock worth $58,447,000 after acquiring an additional 36,549 shares in the last quarter. Norges Bank acquired a new stake in shares of Avnet during the 2nd quarter worth approximately $51,495,000. Finally, Bank of America Corp DE increased its stake in Avnet by 2.2% in the second quarter. Bank of America Corp DE now owns 914,241 shares of the company’s stock valued at $48,528,000 after acquiring an additional 19,385 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Avnet News Summary

Here are the key news stories impacting Avnet this week:

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $4.48 (from $4.29) and lifted several near-term quarter forecasts (notably Q3 2026 to $1.26 and Q4 2026 to $1.33). These upward revisions signal stronger near-term earnings momentum that can support valuation. MarketBeat AVT Report
• Neutral Sentiment: Avnet was featured in a Zacks roundup of broker‑favored stocks amid AI and geopolitical concerns — inclusion may boost visibility but is not a direct catalyst. 5 Broker-Adored Stocks to Watch
• Neutral Sentiment: Reported short‑interest data in mid‑February appears unreliable/zero (entries show 0 shares and NaN changes), so short‑squeeze risk or informed short positioning is not currently a driver.
• Negative Sentiment: Zacks cut several longer‑term and some near‑term forecasts: FY2027 lowered to $6.32 (from $6.46) and FY2028 to $7.16 (from $7.41); cuts to Q1 2027 and Q1/Q2 2028 and Q4 2027 were also reported. Those downward revisions reduce medium‑/long‑term upside and likely contributed to selling pressure. MarketBeat AVT Report
• Negative Sentiment: Zacks maintained a “Hold” rating overall, reflecting mixed analyst conviction; a neutral rating combined with trimmed forward estimates often tempers investor enthusiasm and can weigh on the share price.

Avnet Trading Down 0.3%

NASDAQ AVT opened at $65.79 on Monday. The company has a market cap of $5.39 billion, a price-to-earnings ratio of 26.96, a price-to-earnings-growth ratio of 0.49 and a beta of 0.92. Avnet, Inc. has a twelve month low of $39.22 and a twelve month high of $67.57. 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 business’s fifty day moving average is $53.52 and its 200 day moving average is $51.91.

Avnet (NASDAQ:AVT) last issued its earnings results on Wednesday, January 28th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.10. Avnet had a return on equity of 6.08% and a net margin of 0.90%.The business had revenue of $6.32 billion during the quarter, compared to analysts’ expectations of $6.03 billion. During the same quarter in the prior year, the firm earned $0.87 EPS. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. Avnet has set its Q3 2026 guidance at 1.200-1.300 EPS. As a group, sell-side analysts expect that Avnet, Inc. will post 3.41 EPS for the current fiscal year.

Avnet Dividend Announcement

The firm 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. This represents a $1.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Wednesday, December 3rd. Avnet’s dividend payout ratio (DPR) is 57.38%.

Avnet 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.