Avnet (AVT)

• Market cap: $4.07B
• 1 day: -2.27%
• 5 days: -3.91%
• 1 month: -4.41%
• 3 months: -9.04%
• 6 months: -12.07%
• Year to date: -9.04%
• 1 year: -4.59%
• 5 years: 90.67%
• 10 years: 7.26%
• Sector: Industrials
• Industry: Electronic Parts & Equipment

About: Avnet Inc is a global distributor of electronic components, connecting suppliers of semiconductors and other components to a base of 2.1 million small- and mid-sized customers in 140 countries. Avnet is the third largest semiconductor distributor in the world, and the largest for European chip distribution. Avnet services all levels of electronics design and development, servicing engineers with design tools, test kits, and services alongside its high-volume distribution for final designs.

Employees: 15,462

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

226% more call options, than puts

Call options by funds: $3.41M | Put options by funds: $1.05M

39% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 38

12% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 122

5.59% more ownership

Funds ownership: 97.48% [Q3] → 103.07% (+5.59%) [Q4]

3% more funds holding

Funds holding: 356 [Q3] → 365 (+9) [Q4]

1% more capital invested

Capital invested by funds: $4.7B [Q3] → $4.72B (+$25.1M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $48 2% upside
• Avg. target: $50 6% upside
• High target: $52 11% upside

2 analyst ratings

• positive: 0 0%
• neutral: 1 50%
• negative: 1 50%

B of A Securities Ruplu Bhattacharya 40% 1-year accuracy 4 / 10 met price target	2% upside $48	Underperform Downgraded	30 Jan 2025
Truist Securities William Stein 25% 1-year accuracy 9 / 36 met price target	11% upside $52	Hold Maintained	30 Jan 2025