Avnet (NASDAQ:AVT) Reaches New 1-Year High – Here’s Why

20 Apr 2026, 13:58 by Amy Steele · The Cerbat Gem

Shares of Avnet, Inc. (NASDAQ:AVT – Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $74.67 and last traded at $74.5430, with a volume of 91899 shares changing hands. The stock had previously closed at $73.85.

Analyst Ratings Changes

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

Get Our Latest Analysis on Avnet

Avnet Price Performance

The stock’s 50-day simple moving average is $64.14 and its 200 day simple moving average is $55.32. 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 company has a market cap of $6.10 billion, a price-to-earnings ratio of 30.51, a PEG ratio of 0.55 and a beta of 0.90.

Avnet (NASDAQ:AVT – Get Free Report) last posted its earnings results on Wednesday, January 28th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.10. Avnet had a net margin of 0.90% and a return on equity of 6.08%. The company had revenue of $6.32 billion for the quarter, compared to analysts’ expectations of $6.03 billion. During the same quarter in the prior year, the company posted $0.87 earnings per share. Avnet’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. On average, equities research analysts anticipate that Avnet, Inc. will post 3.41 EPS for the current fiscal year.

Avnet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $1.40 dividend on an annualized basis and a yield of 1.9%. Avnet’s dividend payout ratio is presently 57.38%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AVT. Hantz Financial Services Inc. lifted its position in Avnet by 132.7% in the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock valued at $27,000 after buying an additional 300 shares during the last quarter. Summit Securities Group LLC acquired a new position in Avnet in the fourth quarter valued at about $28,000. BOKF NA lifted its position in Avnet by 1,116.7% in the third quarter. BOKF NA now owns 584 shares of the company’s stock valued at $31,000 after buying an additional 536 shares during the last quarter. MAI Capital Management lifted its position in Avnet by 53.7% in the third quarter. MAI Capital Management now owns 673 shares of the company’s stock valued at $35,000 after buying an additional 235 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Avnet by 53.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 737 shares of the company’s stock valued at $35,000 after buying an additional 258 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

About Avnet

(Get Free Report)

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.