TD SYNNEX (NYSE:SNX) Director Merline Saintil Sells 168 Shares

TD SYNNEX Corporation (NYSE:SNX) Director Merline Saintil sold 168 shares of the firm’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $153.38, for a total value of $25,767.84. Following the transaction, the director owned 7,162 shares in the company, valued at approximately $1,098,507.56. This trade represents a 2.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Merline Saintil also recently made the following trade(s):

• On Monday, November 3rd, Merline Saintil sold 336 shares of TD SYNNEX stock. The shares were sold at an average price of $155.79, for a total value of $52,345.44.

TD SYNNEX Price Performance

Shares of SNX traded up $0.36 during trading hours on Friday, hitting $154.85. 667,860 shares of the company were exchanged, compared to its average volume of 756,581. The company has a market cap of $12.61 billion, a price-to-earnings ratio of 16.79, a P/E/G ratio of 1.07 and a beta of 1.36. The firm’s fifty day moving average is $154.11 and its 200 day moving average is $144.65. TD SYNNEX Corporation has a fifty-two week low of $92.23 and a fifty-two week high of $167.76. The company has a quick ratio of 0.71, a current ratio of 1.20 and a debt-to-equity ratio of 0.36.

TD SYNNEX (NYSE:SNX) last posted its quarterly earnings data on Thursday, September 25th. The business services provider reported $3.58 earnings per share for the quarter, topping the consensus estimate of $3.05 by $0.53. TD SYNNEX had a net margin of 1.27% and a return on equity of 12.13%. The business had revenue of $15.65 billion during the quarter, compared to analysts’ expectations of $15.11 billion. During the same quarter in the prior year, the business posted $2.86 earnings per share. TD SYNNEX’s revenue was up 6.6% compared to the same quarter last year. TD SYNNEX has set its Q4 2025 guidance at 3.450-3.950 EPS. On average, equities analysts anticipate that TD SYNNEX Corporation will post 11.88 earnings per share for the current fiscal year.

TD SYNNEX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Friday, October 17th were given a dividend of $0.44 per share. The ex-dividend date was Friday, October 17th. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. TD SYNNEX’s dividend payout ratio (DPR) is currently 19.09%.

Institutional Investors Weigh In On TD SYNNEX

Large investors have recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in TD SYNNEX by 329.8% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 245 shares of the business services provider’s stock worth $25,000 after buying an additional 188 shares during the last quarter. Ossiam raised its position in shares of TD SYNNEX by 84.3% in the 3rd quarter. Ossiam now owns 164 shares of the business services provider’s stock worth $27,000 after acquiring an additional 75 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of TD SYNNEX in the 3rd quarter worth about $30,000. Brown Brothers Harriman & Co. lifted its stake in shares of TD SYNNEX by 675.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 225 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 196 shares during the period. Finally, Root Financial Partners LLC bought a new stake in shares of TD SYNNEX during the 3rd quarter valued at about $42,000. 84.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Royal Bank Of Canada boosted their price objective on shares of TD SYNNEX from $165.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, September 26th. The Goldman Sachs Group boosted their price target on TD SYNNEX from $145.00 to $164.00 and gave the stock a “buy” rating in a report on Thursday, September 25th. Wall Street Zen lowered TD SYNNEX from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Barrington Research lifted their target price on TD SYNNEX from $156.00 to $182.00 and gave the company an “outperform” rating in a research report on Monday, September 29th. Finally, Barclays increased their target price on shares of TD SYNNEX from $140.00 to $164.00 and gave the stock an “equal weight” rating in a report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $169.55.

About TD SYNNEX

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components.