Key Points
- Director Merline Saintil sold 167 shares of TD SYNNEX on March 4 at an average price of $157.75 for $26,344.25, leaving her with 6,995 shares (a 2.33% decrease) valued at about $1.103 million.
- TD SYNNEX beat quarterly expectations, reporting $3.83 EPS versus a $3.68 consensus and $17.38 billion in revenue (up 9.7% year-over-year), and set Q1 2026 guidance of $3.00–$3.50 EPS.
- Dividend and analyst sentiment are positive: the quarterly dividend was raised to $0.48 (annualized $1.92, ~1.2% yield), and analysts hold a "Moderate Buy" consensus with an average price target of $170.64.
TD SYNNEX Corporation (NYSE:SNX - Get Free Report) Director Merline Saintil sold 167 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $157.75, for a total transaction of $26,344.25. Following the transaction, the director directly owned 6,995 shares of the company's stock, valued at $1,103,461.25. This represents a 2.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
TD SYNNEX Price Performance
Shares of SNX traded down $2.30 during mid-day trading on Friday, hitting $155.75. The company's stock had a trading volume of 166,197 shares, compared to its average volume of 764,081. The company has a current ratio of 1.21, a quick ratio of 0.75 and a debt-to-equity ratio of 0.43. TD SYNNEX Corporation has a 1-year low of $92.23 and a 1-year high of $175.56. The firm has a market capitalization of $12.56 billion, a P/E ratio of 15.62, a P/E/G ratio of 1.15 and a beta of 1.37. The firm has a 50-day simple moving average of $157.00 and a 200 day simple moving average of $154.13.
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 for the quarter, topping the consensus estimate of $3.68 by $0.15. The company had revenue of $17.38 billion for the quarter, compared to analyst estimates of $15.46 billion. TD SYNNEX had a net margin of 1.32% and a return on equity of 12.60%. During the same period in the prior year, the business posted $3.09 earnings per share. The firm's revenue for the quarter was up 9.7% compared to the same quarter last year. TD SYNNEX has set its Q1 2026 guidance at 3.000-3.500 EPS. Analysts predict that TD SYNNEX Corporation will post 11.88 EPS for the current fiscal year.
TD SYNNEX Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were given a $0.48 dividend. This is an increase from TD SYNNEX's previous quarterly dividend of $0.44. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, January 16th. TD SYNNEX's dividend payout ratio (DPR) is currently 19.26%.
Institutional Trading of TD SYNNEX
Institutional investors and hedge funds have recently bought and sold shares of the business. Parcion Private Wealth LLC grew its stake in TD SYNNEX by 0.4% during the third quarter. Parcion Private Wealth LLC now owns 15,189 shares of the business services provider's stock worth $2,487,000 after buying an additional 68 shares during the period. Cornerstone Wealth Management LLC boosted its position in shares of TD SYNNEX by 3.8% in the third quarter. Cornerstone Wealth Management LLC now owns 1,895 shares of the business services provider's stock worth $310,000 after buying an additional 69 shares during the period. Ashton Thomas Private Wealth LLC lifted its position in shares of TD SYNNEX by 3.5% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 2,107 shares of the business services provider's stock worth $317,000 after purchasing an additional 71 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in shares of TD SYNNEX by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 7,588 shares of the business services provider's stock valued at $1,140,000 after purchasing an additional 73 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in TD SYNNEX by 10.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 775 shares of the business services provider's stock valued at $127,000 after purchasing an additional 74 shares in the last quarter. Institutional investors and hedge funds own 84.00% of the company's stock.
Analyst Ratings Changes
Several analysts have commented on SNX shares. Morgan Stanley lowered their target price on shares of TD SYNNEX from $177.00 to $172.00 and set an "overweight" rating for the company in a research note on Friday, January 9th. Royal Bank Of Canada reiterated an "outperform" rating on shares of TD SYNNEX in a research note on Monday, December 22nd. Barclays decreased their price target on TD SYNNEX from $164.00 to $163.00 and set an "equal weight" rating on the stock in a research note on Friday, January 9th. UBS Group lifted their price target on TD SYNNEX from $187.00 to $193.00 and gave the company a "buy" rating in a report on Friday, January 9th. Finally, Wall Street Zen upgraded shares of TD SYNNEX from a "hold" rating to a "buy" rating in a report on Saturday, February 21st. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, TD SYNNEX currently has an average rating of "Moderate Buy" and an average price target of $170.64.
Read Our Latest Stock Report on SNX
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.
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