Avnet, Inc. (NASDAQ:AVT) Receives $93.25 Average Price Target from Analysts

16 Sep 2026, 02:44 by Doug Wharley · The Cerbat Gem

Avnet, Inc. (NASDAQ:AVT – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are covering the company, MarketBeat Ratings 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 assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $93.25.

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

Check Out Our Latest Research Report on Avnet

Insider Buying and Selling

In related news, SVP Michael Ryan Mccoy sold 32,052 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $91.10, for a total transaction of $2,919,937.20. Following the completion of the sale, the senior vice president directly owned 76,674 shares in the company, valued at approximately $6,985,001.40. The trade was a 29.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Philip Gallagher sold 51,900 shares of the business’s 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 sale, the chief executive officer owned 168,923 shares of the company’s stock, valued at $16,632,158.58. The trade was a 23.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Avnet

Several institutional investors and hedge funds have recently added to or reduced their stakes in AVT. Sequoia Financial Advisors LLC increased its position in shares of Avnet by 5.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 16,533 shares of the company’s stock worth $1,468,000 after purchasing an additional 795 shares during the last quarter. WINTON GROUP Ltd lifted its position in Avnet by 127.0% in the second quarter. WINTON GROUP Ltd now owns 22,700 shares of the company’s stock valued at $2,016,000 after buying an additional 12,699 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in Avnet during the second quarter worth about $186,000. Squarepoint Ops LLC boosted its stake in Avnet by 59.8% during the second quarter. Squarepoint Ops LLC now owns 149,226 shares of the company’s stock worth $13,254,000 after buying an additional 55,848 shares during the period. Finally, Allworth Financial LP increased its position in shares of Avnet by 43.0% during the second quarter. Allworth Financial LP now owns 1,552 shares of the company’s stock valued at $138,000 after acquiring an additional 467 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Avnet Stock Up 0.3%

Shares of AVT opened at $92.64 on Friday. Avnet has a 52 week low of $44.25 and a 52 week high of $100.00. The company has a quick ratio of 0.97, a current ratio of 1.78 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $7.60 billion, a price-to-earnings ratio of 23.22, a PEG ratio of 0.28 and a beta of 1.10. The stock’s 50-day moving average price is $90.45 and its 200-day moving average price is $81.40.

Avnet (NASDAQ:AVT – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $2.28 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.48. Avnet had a return on equity of 9.57% and a net margin of 1.21%.The company had revenue of $8.30 billion during the quarter, compared to analysts’ expectations of $7.56 billion. During the same period last year, the business earned $0.81 earnings per share. Avnet’s quarterly revenue was up 47.7% on a year-over-year basis. Avnet has set its Q1 2027 guidance at 2.800-2.900 EPS. On average, sell-side analysts predict that Avnet will post 10.45 EPS for the current year.

Avnet Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be paid a dividend of $0.37 per share. This is an increase from Avnet’s previous quarterly dividend of $0.35. The ex-dividend date is Wednesday, September 9th. This represents a $1.48 annualized dividend and a yield of 1.6%. Avnet’s dividend payout ratio (DPR) is presently 37.09%.

Avnet Company Profile

(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.