Avnet (NASDAQ:AVT) Hits New 1-Year High – What’s Next?

Avnet, Inc. (NASDAQ:AVT) shares reached a new 52-week high during trading on Monday . The company traded as high as $79.88 and last traded at $77.3690, with a volume of 210780 shares traded. The stock had previously closed at $78.65.

More Avnet News

Here are the key news stories impacting Avnet this week:

• Positive Sentiment: Q3 (ended Mar 2026) results beat expectations — EPS of $1.48 topped the ~$1.33 consensus and revenue of $7.12B beat estimates, driving 34% year-over-year revenue growth. This beat is the primary catalyst for the rally. Article Title
• Positive Sentiment: Management raised FY/Q4 guidance materially — Avnet set Q4 FY2026 EPS guidance at $1.70–$1.80 (vs. ~ $1.40 consensus) and raised revenue guidance into a higher band, signaling stronger forward demand and improving profitability outlook. (See the earnings materials and call for detail.) Article Title
• Positive Sentiment: Analysts are responding — At least one published price-target increase; upward revisions and coverage notes are supporting buying interest. Article Title
• Positive Sentiment: Unusually high trading volume and heavy institutional attention — volume spiked well above average, consistent with strong investor reaction to the beat and guidance; this amplifies price momentum. (Company filings and media coverage summarized the market response.)
• Neutral Sentiment: Earnings-call details and metric analysis available — the conference call/transcript and follow-up pieces (Zacks) provide itemized KPI context (inventory, gross margins, segment trends) for investors doing due diligence. Article Title Call Transcript
• Negative Sentiment: Valuation and margin considerations — despite the beat, Avnet trades at a relatively elevated P/E (~33x) and reported a modest net margin (~0.9%) and ROE (~6.1%), which could leave shares vulnerable if growth or margin improvement slows. (Investors should weigh guidance sustainability against valuation.)

Analysts Set New Price Targets

AVT has been the subject of a number of analyst reports. Wall Street Zen raised shares of Avnet from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Wells Fargo & Company lifted their target price on shares of Avnet from $43.00 to $48.00 and gave the stock an “underweight” rating in a report on Thursday, January 29th. Weiss Ratings lowered shares of Avnet from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, March 19th. Zacks Research raised shares of Avnet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 14th. Finally, Truist Financial set a $95.00 target price on shares of Avnet in a report on Wednesday. One research 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 given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $64.33.

Avnet Stock Up 4.2%

The stock has a market cap of $6.67 billion, a price-to-earnings ratio of 33.41, a price-to-earnings-growth ratio of 0.58 and a beta of 0.90. The company has a current ratio of 2.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.50. The business’s fifty day simple moving average is $65.70 and its 200 day simple moving average is $56.59.

Avnet (NASDAQ:AVT) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.15. Avnet had a net margin of 0.90% and a return on equity of 6.08%. The company had revenue of $7.12 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same quarter in the previous year, the business earned $0.84 EPS. The firm’s revenue was up 34.0% on a year-over-year basis. Avnet has set its Q4 2026 guidance at 1.700-1.800 EPS. Equities analysts forecast that Avnet, Inc. will post 4.62 earnings per share for the current fiscal year.

Avnet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were issued a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $1.40 annualized dividend and a dividend yield of 1.7%. Avnet’s payout ratio is 57.38%.

Hedge Funds Weigh In On Avnet

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of 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 buying an additional 214,290 shares during the period. American Century Companies Inc. grew its holdings in shares of Avnet by 3.4% in the 3rd quarter. American Century Companies Inc. now owns 3,751,726 shares of the company’s stock valued at $196,140,000 after buying an additional 124,466 shares during the period. AQR Capital Management LLC grew its holdings in shares of Avnet by 30.7% in the 4th quarter. AQR Capital Management LLC now owns 2,961,608 shares of the company’s stock valued at $142,394,000 after buying an additional 695,929 shares during the period. LSV Asset Management grew its holdings in shares of Avnet by 7.6% in the 4th quarter. LSV Asset Management now owns 2,811,171 shares of the company’s stock valued at $135,161,000 after buying an additional 197,400 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC grew its holdings in shares of Avnet by 5.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 2,011,676 shares of the company’s stock valued at $105,170,000 after buying an additional 101,873 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

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.