Last $43.05 USD
Change Today -0.61 / -1.40%
Volume 260.9K
AVT On Other Exchanges
Symbol
Exchange
New York
Munich
As of 2:39 PM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

avnet inc (AVT) Snapshot

Open
$43.48
Previous Close
$43.66
Day High
$43.63
Day Low
$42.99
52 Week High
04/4/14 - $48.18
52 Week Low
10/25/13 - $38.23
Market Cap
6.0B
Average Volume 10 Days
663.2K
EPS TTM
$4.23
Shares Outstanding
138.3M
EX-Date
09/4/14
P/E TM
10.2x
Dividend
$0.64
Dividend Yield
1.42%
Current Stock Chart for AVNET INC (AVT)

avnet inc (AVT) Related Businessweek News

No Related Businessweek News Found

avnet inc (AVT) Details

Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, IT solutions and services, and embedded subsystems in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific. It operates through two segments, Electronics Marketing (EM) and Technology Solutions (TS). The EM segment markets and sells semiconductors; interconnect, passive, and electromechanical devices; and embedded products for the electronic component manufacturers, as well as offers an array of value-added services that enable customers to evaluate, design-in, and procure electronic components throughout the lifecycle of their technology products and systems. This segment offers its products and services to various customer base serving automotive, communications, computer hardware and peripherals, industrial and manufacturing, medical equipment, and defense and aerospace end-markets. The TS segment distributes enterprise computing servers and systems, software, storage, services, and complex solutions; and provides hard disk drives, microprocessors, motherboards, and DRAM module technologies to manufacturers of general-purpose computers and system builders. It also partners with its customers and suppliers to create and deliver data center and IT lifecycle solutions that solve the business challenges of end-user customers, as well as offers businesses, IT lifecycle, education, cloud, and managed solutions. This segment serves value-added resellers, system integrators, and independent software vendors, as well as original equipment manufacturers (OEMs) for computing technology and non-PC OEMs requiring embedded systems and solutions. The company was founded in 1955 and is headquartered in Phoenix, Arizona.

avnet inc (AVT) Top Compensated Officers

Chairman of Executive Board, Chief Executive ...
Total Annual Compensation: $900.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $650.0K
Senior Vice President, Member of Executive Bo...
Total Annual Compensation: $525.0K
Chief Human Resources Officer & Corporate Com...
Total Annual Compensation: $425.0K
Compensation as of Fiscal Year 2013.

avnet inc (AVT) Key Developments

RGS Announces the Release of the RGS Object Storage for Active Data Solution

RGS announced the release of the RGS Object Storage for Active Data solution. Developed by RGS in conjunction with Amplidata, the RGS Object Storage for Active Data solution is capable of handling zettabytes of data and trillions of stored objects under a single global namespace. It will be available through RGS's network of value-added resellers, managed service providers and integrated software vendors in the Americas. Conventional storage is no longer suitable for the enormous amounts of data organizations create each day. They need new -- highly scalable and flexible -- options. Powered by Amplidata's Himalaya intelligent multi-threaded grid storage architecture, the RGS Object Storage for Active Data is designed to scale capacity and throughput performance independently, using simple building blocks consisting of 1U Control Nodes and 1U high-density Storage Nodes connected via a 10 GbE/1 GbE fabric. To optimize cost and performance, the RGS Object Storage solution uses standard Intel Xeon processor based x86 servers and storage nodes powered by Amplidata's patented BitSpread and BitDynamics technologies. These systems can seamlessly accommodate additional storage nodes with higher capacity drives as well as anywhere, anytime data availability from a global namespace, all while using nearly 60% less raw capacity than comparable RAID-based replicated systems. The RGS Object Storage for Active Data solution includes: Patented BitSpread and BitDynamics technologies and Himalaya storage architecture from Amplidata; Linear performance scaling using rate-less erasure coding optimized to get the most out of the newest Intel processors; 15 nines data durability; Global namespace and single pane management; The ability to dynamically scale system throughput performance by adding one or more controllers without disruption. The RGS Object Storage solution is fully supported by Avnet, and includes installation and support by professionally trained RGS technicians.

Avnet Seeks Acquisitions

Avnet, Inc. (NYSE:AVT) is seeking acquisitions. Gerry Fay, President EM Global of Avnet, said, "At the end of the day for us, acquisition is always about what our core strategy is. So we look for accelerating core strategies by looking for acquisition targets that fit those strategies. So most simply, anywhere where we have either line card shortfalls or we're not strong in a market, we would look to acquire companies that would meet our profit goal projections in those areas. And outside of that, I think we look for acquisitions around some of the adjacencies we're investing in, such as embedded." Gerry Fay added, "I think we're also making investments in the Web, and I think there's properties around the Web that, given the right price, we would look at acquiring those properties also."

Avnet, Inc. Announces Increase in Quarterly Dividend, Payable on September 19, 2014

Avnet, Inc. announced that its Board of Directors has approved a 7% increase in the quarterly cash dividend to $0.16 per share. The dividend will be paid on September 19, 2014, to shareholders of record as of the close of business on September 8, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
AVT:US $43.05 USD -0.61

AVT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for AVT.
View Industry Companies
 

Industry Analysis

AVT

Industry Average

Valuation AVT Industry Range
No financial data is available for AVT.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AVNET INC, please visit www.avnet.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.