TD SYNNEX Corporation $SNX Position Increased by Ninety One UK Ltd

Ninety One UK Ltd raised its position in TD SYNNEX Corporation (NYSE:SNX) by 9.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,810,800 shares of the business services provider’s stock after acquiring an additional 162,116 shares during the quarter. TD SYNNEX makes up 1.1% of Ninety One UK Ltd’s portfolio, making the stock its 25th biggest holding. Ninety One UK Ltd owned 2.27% of TD SYNNEX worth $465,104,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Parkside Financial Bank & Trust boosted its position in TD SYNNEX by 32.8% during the second quarter. Parkside Financial Bank & Trust now owns 158 shares of the business services provider’s stock worth $42,000 after acquiring an additional 39 shares during the last quarter. Gamco Investors INC. ET AL increased its stake in TD SYNNEX by 1.1% during the first quarter. Gamco Investors INC. ET AL now owns 4,667 shares of the business services provider’s stock worth $787,000 after acquiring an additional 52 shares during the last quarter. Essex Financial Services Inc. increased its position in TD SYNNEX by 2.9% during the 1st quarter. Essex Financial Services Inc. now owns 1,957 shares of the business services provider’s stock worth $330,000 after purchasing an additional 56 shares in the last quarter. Capital Analysts LLC raised its stake in shares of TD SYNNEX by 10.9% in the 2nd quarter. Capital Analysts LLC now owns 598 shares of the business services provider’s stock valued at $160,000 after acquiring an additional 59 shares during the period. Finally, Waverly Advisors LLC raised its position in TD SYNNEX by 0.8% in the second quarter. Waverly Advisors LLC now owns 7,472 shares of the business services provider’s stock valued at $1,998,000 after purchasing an additional 60 shares during the period. 84.00% of the stock is currently owned by institutional investors.

TD SYNNEX Price Performance

NYSE:SNX traded down $13.79 during trading hours on Thursday, reaching $249.97. 302,686 shares of the company’s stock were exchanged, compared to its average volume of 816,641. The company has a market capitalization of $19.94 billion, a P/E ratio of 15.21, a price-to-earnings-growth ratio of 0.56 and a beta of 1.37. The company has a quick ratio of 0.64, a current ratio of 1.19 and a debt-to-equity ratio of 0.39. The business’s 50-day simple moving average is $262.27 and its two-hundred day simple moving average is $248.35. TD SYNNEX Corporation has a 12 month low of $142.22 and a 12 month high of $298.77.

TD SYNNEX (NYSE:SNX) last issued its earnings results on Thursday, September 24th. The business services provider reported $5.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.70 by $0.98. The business had revenue of $21.56 billion for the quarter, compared to analysts’ expectations of $18.91 billion. TD SYNNEX had a return on equity of 16.78% and a net margin of 1.75%. The company’s quarterly revenue was up 37.7% on a year-over-year basis. During the same period in the previous year, the firm posted $3.58 EPS. TD SYNNEX has set its Q4 2026 guidance at 5.650-6.150 EPS. Sell-side analysts expect that TD SYNNEX Corporation will post 19.89 EPS for the current fiscal year.

TD SYNNEX Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Friday, October 16th. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. TD SYNNEX’s dividend payout ratio (DPR) is currently 11.70%.

Analyst Ratings Changes

SNX has been the topic of a number of recent research reports. Barrington Research boosted their target price on shares of TD SYNNEX from $202.00 to $325.00 and gave the stock an “outperform” rating in a research report on Friday, June 26th. Barclays increased their target price on TD SYNNEX from $278.00 to $287.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 8th. Zacks Research raised shares of TD SYNNEX from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 29th. The Goldman Sachs Group set a $330.00 price objective on TD SYNNEX in a research note on Friday, June 26th. Finally, UBS Group upped their target price on shares of TD SYNNEX from $352.00 to $379.00 and gave the stock a “buy” rating in a research report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $331.14.

Insider Transactions at TD SYNNEX

In other TD SYNNEX news, Director Ann F. Vezina sold 1,273 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $256.05, for a total transaction of $325,951.65. Following the completion of the sale, the director directly owned 5,828 shares of the company’s stock, valued at approximately $1,492,259.40. This represents a 17.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard T. Hume sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $262.21, for a total transaction of $1,311,050.00. Following the completion of the transaction, the director owned 13,537 shares of the company’s stock, valued at approximately $3,549,536.77. The trade was a 26.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.70% of the company’s stock.

Key Headlines Impacting TD SYNNEX

Here are the key news stories impacting TD SYNNEX this week:

• Positive Sentiment: Zacks Research maintained a “Strong-Buy” rating and raised its FY2026 EPS forecast to $20.25 from $17.96, while increasing its FY2027 estimate to $23.03 from $20.53. Estimates for several 2027 and 2028 quarters were also raised, suggesting improving expectations for TD SYNNEX’s earnings trajectory. Zacks Research earnings estimate revisions
• Positive Sentiment: Zacks Research lifted its FY2028 EPS forecast to $26.30 from $26.10. Separately, the average Wall Street price target implies approximately 27.4% potential upside, while positive earnings-estimate revisions could support the stock. However, the article cautions that price targets are not always reliable. TD SYNNEX price target and earnings revisions
• Neutral Sentiment: Analyst commentary remains mixed across technology companies, including TD SYNNEX and Jabil, indicating that broader sector sentiment may be influencing trading more than the company-specific earnings revisions. Conflicting analyst sentiment on TD SYNNEX and Jabil
• Negative Sentiment: Zacks Research slightly reduced its Q3 2028 EPS forecast to $6.69 from $6.70. The cut is minor, but it may contribute to near-term caution alongside profit-taking or technical selling; the provided reports do not identify a new fundamental problem at the company. TD SYNNEX analyst estimates

About TD SYNNEX

TD SYNNEX Corporation is a global technology distributor and solutions aggregator that connects technology vendors with resellers, systems integrators, managed service providers and other channel partners. The company helps bring hardware, software and cloud-based solutions to market while supporting partners with sales, marketing, logistics, financing and technical services.

Its portfolio includes data center and networking equipment, personal computing and endpoint devices, software, cybersecurity products, cloud services, unified communications, mobility solutions and emerging technologies.