Key Points
- Insider sale: Miriam Anne Murphy sold 3,025 TD SYNNEX shares at an average price of $200.14 on April 9, reducing her stake by about 21.9% and generating roughly $605,423 (SEC filing).
- Earnings beat: TD SYNNEX reported Q results with EPS of $4.73 vs. $3.24 expected and revenue of $17.16 billion (up 18.1% year‑over‑year), comfortably topping analyst forecasts.
- Guidance and dividend: Management raised Q2 FY26 guidance to EPS $3.75–4.25 and revenue $16.1B–$16.9B, and declared a $0.48 quarterly dividend (annualized $1.92, ~1.0% yield).
TD SYNNEX Corporation (NYSE:SNX - Get Free Report) insider Miriam Anne Murphy sold 3,025 shares of the business's stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $200.14, for a total value of $605,423.50. Following the completion of the transaction, the insider directly owned 10,820 shares of the company's stock, valued at approximately $2,165,514.80. This trade represents a 21.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
TD SYNNEX Stock Performance
Shares of SNX stock opened at $199.95 on Friday. The stock has a market cap of $16.07 billion, a PE ratio of 16.62, a price-to-earnings-growth ratio of 1.03 and a beta of 1.23. The business has a 50-day simple moving average of $164.35 and a 200-day simple moving average of $157.27. The company has a quick ratio of 0.71, a current ratio of 1.22 and a debt-to-equity ratio of 0.41. TD SYNNEX Corporation has a 52-week low of $98.75 and a 52-week high of $205.01.
TD SYNNEX (NYSE:SNX - Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The business services provider reported $4.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.24 by $1.49. TD SYNNEX had a return on equity of 14.03% and a net margin of 1.52%.The business had revenue of $17.16 billion during the quarter, compared to analysts' expectations of $15.59 billion. During the same quarter in the previous year, the firm posted $2.80 EPS. The company's revenue for the quarter was up 18.1% on a year-over-year basis. On average, equities analysts expect that TD SYNNEX Corporation will post 11.88 EPS for the current year.
TD SYNNEX Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 29th. Investors of record on Wednesday, April 15th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $1.92 dividend on an annualized basis and a yield of 1.0%. TD SYNNEX's dividend payout ratio is presently 15.96%.
Institutional Investors Weigh In On TD SYNNEX
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State Street Corp increased its stake in TD SYNNEX by 0.4% during the third quarter. State Street Corp now owns 2,372,733 shares of the business services provider's stock worth $388,535,000 after acquiring an additional 9,024 shares during the last quarter. Ninety One UK Ltd increased its stake in TD SYNNEX by 13.1% during the fourth quarter. Ninety One UK Ltd now owns 2,229,091 shares of the business services provider's stock worth $334,876,000 after acquiring an additional 258,630 shares during the last quarter. LSV Asset Management increased its stake in TD SYNNEX by 16.1% during the fourth quarter. LSV Asset Management now owns 2,086,604 shares of the business services provider's stock worth $313,471,000 after acquiring an additional 288,625 shares during the last quarter. Geode Capital Management LLC increased its stake in TD SYNNEX by 6.9% during the fourth quarter. Geode Capital Management LLC now owns 1,532,784 shares of the business services provider's stock worth $230,315,000 after acquiring an additional 99,090 shares during the last quarter. Finally, Metropolis Capital Ltd increased its position in shares of TD SYNNEX by 44.8% during the third quarter. Metropolis Capital Ltd now owns 1,228,603 shares of the business services provider's stock valued at $201,184,000 after acquiring an additional 379,904 shares during the last quarter. Institutional investors and hedge funds own 84.00% of the company's stock.
Analyst Ratings Changes
A number of equities analysts have commented on SNX shares. Zacks Research raised TD SYNNEX from a "hold" rating to a "strong-buy" rating in a report on Monday. Weiss Ratings reiterated a "buy (b-)" rating on shares of TD SYNNEX in a research report on Wednesday, January 21st. JPMorgan Chase & Co. increased their price target on TD SYNNEX from $175.00 to $185.00 and gave the company a "neutral" rating in a report on Wednesday, April 1st. Wall Street Zen upgraded shares of TD SYNNEX from a "hold" rating to a "buy" rating in a research report on Saturday, February 21st. Finally, Royal Bank Of Canada raised their price objective on shares of TD SYNNEX from $180.00 to $210.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, TD SYNNEX currently has a consensus rating of "Moderate Buy" and a consensus price target of $183.00.
View Our Latest Research Report on TD SYNNEX
Key TD SYNNEX News
Here are the key news stories impacting TD SYNNEX this week:
- Positive Sentiment: Management raised Q2 FY26 guidance to EPS $3.75–4.25 (consensus ~3.37) and revenue guidance of $16.1B–$16.9B (consensus ~$15.8B), signaling stronger near‑term operating performance that can support the stock.
- Positive Sentiment: Zacks upgraded SNX from "hold" to "strong-buy," a catalyst that can attract momentum buyers and institutional interest. Read More.
- Neutral Sentiment: Recent analyst/features examine valuation after a ~90% one‑year rally; these pieces highlight both upside from better results and higher valuation risk, which may lengthen consolidation. Read More.
- Neutral Sentiment: Additional coverage asks whether it’s too late to buy after the strong run; such articles can drive mixed trading as investors weigh growth vs stretched multiples. Read More.
- Neutral Sentiment: Major outlets are running company pages and summaries that may amplify trading volume but add little new fundamental news. Read More.
- Negative Sentiment: Insider Miriam Anne Murphy sold 3,025 shares at an average $200.14, trimming her stake by ~21.9% — a sizable reduction that can be interpreted as profit‑taking and may pressure sentiment. SEC filing: Read More.
- Negative Sentiment: Another insider, David Gregory Jordan, sold 3,225 shares (reported), adding to the insider selling narrative and short‑term downward pressure. Read More.
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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