Avnet (AVT) reported fiscal fourth-quarter sales of $8.3 billion for the period ended June 27, 2026, up 47.7% from a year earlier. Net income was $126.6 million, compared with $6.1 million in the prior-year quarter, and diluted earnings per share were $1.49.
For fiscal 2026, sales totaled $27.6 billion, up 25% year over year, while diluted earnings per share were $4.01. The company issued first-quarter fiscal 2027 guidance for sales of $9.00 billion to $9.30 billion and GAAP diluted EPS of $2.57 to $2.77.
- Fourth-quarter Electronic Components sales were $7.8 billion, with operating margin of 4.1%.
- Farnell sales were $500.1 million, with operating margin of 9.0%.
- Fourth-quarter operating income was $231.0 million, with operating income margin of 2.8%.
- Avnet returned $29 million to shareholders in dividends during the quarter.
- Fiscal 2026 shareholder returns included $138 million in share repurchases and $114 million in dividends.
$AVT Insider Trading Activity
$AVT insiders have traded $AVT stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $AVT stock by insiders over the last 6 months:
- PHILIP R GALLAGHER (Chief Executive Officer) has made 0 purchases and 2 sales selling 69,988 shares for an estimated $5,089,350.
- KENNETH A JACOBSON (Chief Financial Officer) sold 12,000 shares for an estimated $1,023,120
- JAY DAVID YOUNGBLOOD (SVP, Chief Digital Officer) sold 987 shares for an estimated $65,408
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$AVT Hedge Fund Activity
We have seen 254 institutional investors add shares of $AVT stock to their portfolio, and 168 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PZENA INVESTMENT MANAGEMENT LLC removed 1,345,568 shares (-19.1%) from their portfolio in Q1 2026, for an estimated $82,913,900
- LIND VALUE II APS removed 921,812 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $56,802,055
- AQR CAPITAL MANAGEMENT LLC added 887,705 shares (+30.0%) to their portfolio in Q1 2026, for an estimated $54,700,382
- BLACKROCK, INC. added 679,796 shares (+7.9%) to their portfolio in Q1 2026, for an estimated $41,889,029
- MILLENNIUM MANAGEMENT LLC removed 643,344 shares (-98.3%) from their portfolio in Q1 2026, for an estimated $39,642,857
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC removed 432,295 shares (-21.9%) from their portfolio in Q1 2026, for an estimated $26,638,017
- LOEWS CORP removed 430,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $26,496,600
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
