OP Asset Management Ltd Invests $9.89 Million in TD SYNNEX Corporation $SNX

OP Asset Management Ltd acquired a new position in TD SYNNEX Corporation (NYSE:SNX) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 58,622 shares of the business services provider’s stock, valued at approximately $9,890,000.

Other hedge funds also recently bought and sold shares of the company. Ossiam lifted its holdings in 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 acquiring an additional 75 shares during the period. Dorato Capital Management purchased a new stake in shares of TD SYNNEX during the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of TD SYNNEX during the 3rd quarter valued at about $30,000. Aster Capital Management DIFC Ltd bought a new position in shares of TD SYNNEX in the 4th quarter worth approximately $28,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of TD SYNNEX in the fourth quarter worth approximately $32,000. Hedge funds and other institutional investors own 84.00% of the company’s stock.

TD SYNNEX Price Performance

Shares of NYSE:SNX opened at $277.45 on Friday. The company has a market capitalization of $22.30 billion, a P/E ratio of 23.06, a P/E/G ratio of 1.17 and a beta of 1.43. TD SYNNEX Corporation has a 1-year low of $133.71 and a 1-year high of $296.47. The firm’s 50 day simple moving average is $248.56 and its two-hundred day simple moving average is $191.65. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.22 and a quick ratio of 0.71.

TD SYNNEX (NYSE:SNX) last announced its quarterly earnings data on Thursday, June 25th. The business services provider reported $4.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.14 by $0.71. The firm had revenue of $19.57 billion during the quarter, compared to analysts’ expectations of $16.80 billion. TD SYNNEX had a net margin of 1.52% and a return on equity of 14.03%. The company’s revenue for the quarter was up 31.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.99 earnings per share. TD SYNNEX has set its Q3 2026 guidance at 4.250-4.750 EPS. Research analysts expect that TD SYNNEX Corporation will post 15.88 EPS for the current fiscal year.

TD SYNNEX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, July 17th. TD SYNNEX’s dividend payout ratio is presently 15.96%.

Key TD SYNNEX News

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

• Positive Sentiment: TD SYNNEX reported fiscal Q2 EPS of $4.85, easily topping estimates, while revenue rose 31% year over year to about $19.6 billion, showing strong demand across its distribution and solutions business. TD SYNNEX Reports Record Fiscal 2026 Second Quarter Results
• Positive Sentiment: The company’s Q3 2026 guidance also came in above Wall Street expectations, with EPS guidance of $4.25 to $4.75 and revenue guidance of $18.2 billion to $19.0 billion, signaling management sees momentum continuing. TD SYNNEX Reports Record Fiscal 2026 Second Quarter Results
• Neutral Sentiment: Recent coverage focused on the earnings release, transcript, and presentation, with analysts highlighting the scale of the revenue and EPS beat; this reinforces the earnings-driven move but adds little new beyond the company’s reported results. TD SYNNEX Corporation (SNX) Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Some investors may also be watching insider selling and mixed institutional positioning, but these factors appear secondary today compared with the earnings surprise and upbeat outlook. SYNNEX ($SNX) Releases Q2 2026 Earnings

Insider Buying and Selling at TD SYNNEX

In related news, CFO David Gregory Jordan sold 3,225 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $189.46, for a total transaction of $611,008.50. Following the completion of the sale, the chief financial officer owned 14,035 shares in the company, valued at approximately $2,659,071.10. This trade represents a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Miriam Anne Murphy sold 3,025 shares of the stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $200.14, for a total value of $605,423.50. Following the sale, the insider owned 10,820 shares of the company’s stock, valued at $2,165,514.80. This represents a 21.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,250 shares of company stock valued at $4,935,282 over the last ninety days. 0.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently issued reports on SNX shares. Weiss Ratings lowered shares of TD SYNNEX from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 17th. Royal Bank Of Canada lifted their price target on shares of TD SYNNEX from $250.00 to $315.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. The Goldman Sachs Group boosted their price objective on shares of TD SYNNEX from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. JPMorgan Chase & Co. raised TD SYNNEX from a “neutral” rating to an “overweight” rating and set a $298.00 target price on the stock in a report on Wednesday, May 27th. Finally, UBS Group lifted their target price on TD SYNNEX from $265.00 to $310.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $249.80.

TD SYNNEX Company Profile

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.