Zacks Research Has Pessimistic Outlook of Avnet Q3 Earnings

Avnet, Inc. (NASDAQ:AVT) – Research analysts at Zacks Research reduced their Q3 2025 earnings per share estimates for Avnet in a report issued on Tuesday, February 11th. Zacks Research analyst R. Department now expects that the company will earn $0.72 per share for the quarter, down from their prior forecast of $1.07. The consensus estimate for Avnet’s current full-year earnings is $3.57 per share. Zacks Research also issued estimates for Avnet’s Q4 2025 earnings at $0.93 EPS, FY2025 earnings at $3.45 EPS, Q2 2026 earnings at $1.34 EPS, Q3 2026 earnings at $1.42 EPS, Q4 2026 earnings at $1.64 EPS and FY2026 earnings at $5.51 EPS.

Avnet (NASDAQ:AVT) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.87 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.01). Avnet had a net margin of 1.41% and a return on equity of 7.49%.

A number of other equities research analysts have also recently weighed in on AVT. Truist Financial reduced their price objective on Avnet from $54.00 to $52.00 and set a “hold” rating for the company in a research note on Thursday, January 30th. Bank of America cut Avnet from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $58.00 to $48.00 in a research note on Thursday, January 30th.

Avnet Price Performance

Shares of NASDAQ AVT opened at $51.21 on Friday. The company has a current ratio of 2.39, a quick ratio of 1.15 and a debt-to-equity ratio of 0.53. Avnet has a twelve month low of $44.42 and a twelve month high of $59.24. The stock has a 50 day moving average of $52.41 and a two-hundred day moving average of $53.25. The stock has a market cap of $4.43 billion, a P/E ratio of 14.51, a P/E/G ratio of 1.06 and a beta of 1.13.

Avnet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 2.58%. The ex-dividend date was Wednesday, December 4th. Avnet’s dividend payout ratio (DPR) is presently 37.39%.

Institutional Investors Weigh In On Avnet

Several large investors have recently modified their holdings of AVT. GeoWealth Management LLC purchased a new stake in shares of Avnet during the fourth quarter worth approximately $31,000. Synergy Investment Management LLC purchased a new position in Avnet in the fourth quarter worth $38,000. Natixis raised its position in Avnet by 1,463.8% in the fourth quarter. Natixis now owns 735 shares of the company’s stock worth $38,000 after acquiring an additional 688 shares in the last quarter. Bessemer Group Inc. raised its position in Avnet by 621.8% in the fourth quarter. Bessemer Group Inc. now owns 960 shares of the company’s stock worth $50,000 after acquiring an additional 827 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in Avnet in the third quarter worth $51,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

About Avnet

Avnet, Inc, distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers.