Avnet (NASDAQ:AVT) Reaches New 52-Week High – Should You Buy?

Avnet, Inc. (NASDAQ:AVT) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $67.39 and last traded at $65.9340, with a volume of 114282 shares changing hands. The stock had previously closed at $65.80.

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.

Wall Street Analysts Forecast Growth

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

Avnet Stock Performance

The company has a debt-to-equity ratio of 0.50, a current ratio of 2.07 and a quick ratio of 1.07. The stock has a 50-day moving average price of $53.20 and a 200-day moving average price of $51.87. The company has a market capitalization of $5.39 billion, a price-to-earnings ratio of 26.96, a PEG ratio of 0.49 and a beta of 0.93.

Avnet (NASDAQ:AVT) last announced its earnings results on Wednesday, January 28th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.10. The company had revenue of $6.32 billion for the quarter, compared to analyst estimates of $6.03 billion. Avnet had a return on equity of 6.08% and a net margin of 0.90%.The firm’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.87 earnings per share. Avnet has set its Q3 2026 guidance at 1.200-1.300 EPS. As a group, analysts forecast that Avnet, Inc. will post 3.41 earnings per share for the current year.

Avnet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were issued a dividend of $0.35 per share. The ex-dividend date of this dividend 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%.

Institutional Investors Weigh In On Avnet

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in Avnet by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 10,783,059 shares of the company’s stock valued at $563,738,000 after acquiring an additional 214,290 shares in the last quarter. American Century Companies Inc. increased its position in shares of Avnet by 3.4% in the third quarter. American Century Companies Inc. now owns 3,751,726 shares of the company’s stock worth $196,140,000 after purchasing an additional 124,466 shares during the period. LSV Asset Management increased its position in shares of Avnet by 7.6% in the fourth quarter. LSV Asset Management now owns 2,811,171 shares of the company’s stock worth $135,161,000 after purchasing an additional 197,400 shares during the period. AQR Capital Management LLC raised its stake in Avnet by 34.8% in the third quarter. AQR Capital Management LLC now owns 2,265,679 shares of the company’s stock valued at $117,974,000 after purchasing an additional 585,141 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its position in Avnet by 5.3% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,011,676 shares of the company’s stock worth $105,170,000 after purchasing an additional 101,873 shares during the period. 95.78% of the stock is currently owned by institutional investors.

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.