Avnet, Inc. (NASDAQ:AVT) Given Consensus Rating of “Moderate Buy” by Analysts

18 Sep 2026, 08:58 by Mitch Edgeman · The Markets Daily

Avnet, Inc. (NASDAQ:AVT – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $93.25.

A number of equities research analysts have issued reports on AVT shares. Truist Financial raised their price target on shares of Avnet from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Wall Street Zen raised Avnet from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Weiss Ratings upgraded Avnet from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, August 14th. Zacks Research raised Avnet from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Finally, Wells Fargo & Company increased their price objective on Avnet from $70.00 to $72.00 and gave the stock an “underweight” rating in a report on Monday, July 20th.

View Our Latest Analysis on AVT

Insider Buying and Selling at Avnet

In other news, CEO Philip Gallagher sold 51,900 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $98.46, for a total value of $5,110,074.00. Following the completion of the transaction, the chief executive officer owned 168,923 shares of the company’s stock, valued at approximately $16,632,158.58. This represents a 23.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Michael Ryan Mccoy sold 32,052 shares of Avnet stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $91.10, for a total value of $2,919,937.20. Following the sale, the senior vice president owned 76,674 shares in the company, valued at $6,985,001.40. This represents a 29.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Avnet

Institutional investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Avnet in the second quarter worth approximately $25,000. State of Wyoming bought a new position in shares of Avnet during the 2nd quarter valued at $37,000. Hantz Financial Services Inc. boosted its stake in shares of Avnet by 62.0% in the 4th quarter. Hantz Financial Services Inc. now owns 852 shares of the company’s stock worth $41,000 after buying an additional 326 shares during the last quarter. Summit Securities Group LLC grew its holdings in shares of Avnet by 32.1% in the first quarter. Summit Securities Group LLC now owns 765 shares of the company’s stock worth $47,000 after acquiring an additional 186 shares during the period. Finally, Elevation Wealth Partners LLC grew its holdings in shares of Avnet by 38.5% in the second quarter. Elevation Wealth Partners LLC now owns 666 shares of the company’s stock worth $59,000 after acquiring an additional 185 shares during the period. Institutional investors own 95.78% of the company’s stock.

Avnet Stock Performance

Shares of AVT stock opened at $93.12 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.97 and a current ratio of 1.78. Avnet has a fifty-two week low of $44.25 and a fifty-two week high of $100.00. The stock has a 50 day moving average price of $90.78 and a two-hundred day moving average price of $81.78. The company has a market capitalization of $7.64 billion, a P/E ratio of 23.34, a PEG ratio of 0.28 and a beta of 1.10.

Avnet (NASDAQ:AVT – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $2.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.48. Avnet had a return on equity of 9.57% and a net margin of 1.21%.The firm had revenue of $8.30 billion during the quarter, compared to analyst estimates of $7.56 billion. During the same quarter in the prior year, the firm posted $0.81 earnings per share. The business’s quarterly revenue was up 47.7% compared to the same quarter last year. Avnet has set its Q1 2027 guidance at 2.800-2.900 EPS. Analysts expect that Avnet will post 10.45 earnings per share for the current year.

Avnet Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be issued a dividend of $0.37 per share. This is a boost from Avnet’s previous quarterly dividend of $0.35. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Wednesday, September 9th. Avnet’s dividend payout ratio is currently 37.09%.

About Avnet

(Get Free Report)

Avnet, Inc is a global technology distributor that helps manufacturers, engineers and other customers source electronic components and develop products. The company connects semiconductor and electronic-component suppliers with original equipment manufacturers, electronic manufacturing services providers and independent design firms.