Avnet, Inc. (AVT)

In August 2025, Avnet reported decreased fiscal year 2025 sales and diluted earnings per share, but noted growth in the Farnell segment and Asia. In January 2026, Avnet exceeded Q2 FY2026 forecasts, leading to a stock price increase of 19.1%. Throughout late January and early February 2026, Avnet's stock reached new highs, and analyst ratings were updated.

Sales in the West were expected to decline more due to seasonal variations, while sales in the East were projected to increase modestly for the August-October period. Avnet is leveraging digital tools and AI to refine forecasting and customer support. Historically, October has shown a tendency to favor a long bias for Avnet's stock.

Avnet, Inc. is a global technology distributor and solutions provider in the Electronics & Computer Distribution industry. It operates through two segments: Electronic Components, which markets and distributes electronic components, and Farnell, which caters to lower-volume customers. Avnet also provides design support, engineering resources, and supply chain solutions.

Avnet has a global presence, serving over 450,000 customers and suppliers in 140 countries. It operates 13 standardized distribution centers across the Americas, Asia, and EMEA. In the Americas, Avnet has offices in various U.S. states, Canada, Brazil, and Mexico.

Avnet was named to FORTUNE's "World's Most Admired Companies" list for 2026, ranking No. 2 in its industry category. It was also recognized by U.S. News & World Report as one of the 2025-2026 Best Companies to Work For.

A significant portion of Avnet's stock is held by institutional investors, including Vanguard Group Inc., BlackRock, Inc., and others. Vanguard Group Inc. owns the most shares among institutional holders. Peter M. Smitham is the largest individual shareholder, holding 32.63 million shares, representing 39.86% of the company.