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

Advisors Asset Management Inc. raised its stake in shares of Avnet, Inc. (NASDAQ:AVT) by 27.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Hantz Financial Services Inc. increased its stake in shares of 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 period. Quent Capital LLC acquired a new position in shares of Avnet in the third quarter worth approximately $38,000. Winnow Wealth LLC bought a new stake in Avnet in the third quarter valued at approximately $39,000. SJS Investment Consulting Inc. boosted its holdings in Avnet by 7,176.9% in the third quarter. SJS Investment Consulting Inc. now owns 946 shares of the company’s stock valued at $49,000 after acquiring an additional 933 shares during the last quarter. Finally, Traub Capital Management LLC acquired a new stake in Avnet during the 2nd quarter valued at approximately $50,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Avnet Stock Performance

NASDAQ:AVT opened at $65.79 on Monday. The company has a quick ratio of 1.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.50. Avnet, Inc. has a twelve month low of $39.22 and a twelve month high of $67.57. The company has a fifty day moving average of $53.52 and a 200-day moving average of $51.91. The firm has a market capitalization of $5.39 billion, a P/E ratio of 26.96, a P/E/G ratio of 0.49 and a beta of 0.92.

Avnet (NASDAQ:AVT) last posted its quarterly earnings results on Wednesday, January 28th. The company reported $1.05 EPS for the quarter, topping 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 business had revenue of $6.32 billion during the quarter, compared to analysts’ expectations of $6.03 billion. During the same period last year, the company posted $0.87 earnings per share. The business’s quarterly revenue was up 11.6% on a year-over-year basis. Avnet has set its Q3 2026 guidance at 1.200-1.300 EPS. As a group, sell-side analysts anticipate that Avnet, Inc. will post 3.41 EPS for the current year.

Avnet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were paid a $0.35 dividend. The ex-dividend date was Wednesday, December 3rd. This represents a $1.40 annualized dividend and a dividend yield of 2.1%. Avnet’s dividend payout ratio (DPR) is currently 57.38%.

Avnet News Roundup

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.

Analyst Ratings Changes

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

About Avnet

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.