Key Points
- Richard Hume, a TD SYNNEX director, sold 12,991 shares on Jan. 28 at an average price of $160.34 for proceeds of $2,082,976.94, reducing his ownership by 21.47% to 47,515 shares valued at about $7.62M.
- TD SYNNEX beat quarterly estimates with EPS of $3.83 (vs. $3.68) and revenue of $17.38B (+9.7% YoY), raised its quarterly dividend to $0.48 (annualized $1.92), set Q1 2026 guidance at $3.00–$3.50 EPS, and holds a consensus Moderate Buy rating with a $170.64 price target.
TD SYNNEX Corporation (NYSE:SNX - Get Free Report) Director Richard Hume sold 12,991 shares of the company's stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $160.34, for a total transaction of $2,082,976.94. Following the sale, the director directly owned 47,515 shares in the company, valued at $7,618,555.10. This trade represents a 21.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
TD SYNNEX Stock Performance
Shares of SNX opened at $158.65 on Friday. The company has a market cap of $12.81 billion, a PE ratio of 15.91, a price-to-earnings-growth ratio of 1.16 and a beta of 1.37. The firm has a 50-day moving average of $152.86 and a 200-day moving average of $151.38. TD SYNNEX Corporation has a one year low of $92.23 and a one year high of $167.76. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 0.75.
TD SYNNEX (NYSE:SNX - Get Free Report) last issued its earnings results on Thursday, January 8th. The business services provider reported $3.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.68 by $0.15. TD SYNNEX had a net margin of 1.32% and a return on equity of 12.60%. The business had revenue of $17.38 billion during the quarter, compared to the consensus estimate of $15.46 billion. During the same period last year, the business posted $3.09 EPS. TD SYNNEX's revenue was up 9.7% on a year-over-year basis. TD SYNNEX has set its Q1 2026 guidance at 3.000-3.500 EPS. As a group, equities analysts forecast that TD SYNNEX Corporation will post 11.88 earnings per share for the current year.
TD SYNNEX Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were paid a dividend of $0.48 per share. The ex-dividend date was Friday, January 16th. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. This is an increase from TD SYNNEX's previous quarterly dividend of $0.44. TD SYNNEX's dividend payout ratio is presently 19.26%.
Analysts Set New Price Targets
SNX has been the subject of several research reports. Barrington Research reaffirmed an "outperform" rating and set a $182.00 price target on shares of TD SYNNEX in a report on Friday, January 9th. The Goldman Sachs Group started coverage on shares of TD SYNNEX in a research note on Tuesday, January 13th. They set a "buy" rating and a $180.00 target price for the company. Wall Street Zen lowered shares of TD SYNNEX from a "buy" rating to a "hold" rating in a research note on Sunday, January 25th. Royal Bank Of Canada reissued an "outperform" rating on shares of TD SYNNEX in a report on Monday, December 22nd. Finally, Zacks Research cut TD SYNNEX from a "strong-buy" rating to a "hold" rating in a report on Monday, December 15th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, TD SYNNEX has a consensus rating of "Moderate Buy" and a consensus price target of $170.64.
Read Our Latest Research Report on TD SYNNEX
Institutional Trading of TD SYNNEX
Institutional investors have recently bought and sold shares of the business. Dorato Capital Management bought a new position in shares of TD SYNNEX during the fourth quarter worth approximately $27,000. Ossiam boosted its stake in shares of TD SYNNEX by 84.3% in the third quarter. Ossiam now owns 164 shares of the business services provider's stock valued at $27,000 after buying an additional 75 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in TD SYNNEX during the third quarter worth approximately $30,000. Brown Brothers Harriman & Co. increased its stake in TD SYNNEX by 675.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 225 shares of the business services provider's stock worth $37,000 after acquiring an additional 196 shares during the period. Finally, Root Financial Partners LLC acquired a new position in TD SYNNEX in the 3rd quarter valued at $42,000. Institutional investors own 84.00% of the company's stock.
About TD SYNNEX
(
Get Free Report)
TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the information technology industry. Formed in September 2021 through the merger of Tech Data and SYNNEX Corporation, the company provides a comprehensive range of products, services and solutions that span hardware, software, cloud, mobility, security and data center technologies. TD SYNNEX partners with vendors, resellers and system integrators to design, deploy and support IT infrastructures across diverse market segments, including commercial enterprises, public sector organizations and retail operations.
The company's core business activities include the distribution of technology products from manufacturers such as servers, storage, networking equipment and peripherals, as well as the resale and provisioning of software licenses and cloud-based solutions.
Further Reading
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