4,297 TD SYNNEX Corporation $SNX Shares Sold by Vise Technologies Inc.

Vise Technologies Inc. lowered its position in shares of TD SYNNEX Corporation (NYSE:SNX) by 10.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 36,193 shares of the business services provider’s stock after selling 4,297 shares during the period. Vise Technologies Inc.’s holdings in TD SYNNEX were worth $9,296,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of SNX. Summit Global Investments lifted its position in TD SYNNEX by 81.9% in the 3rd quarter. Summit Global Investments now owns 3,648 shares of the business services provider’s stock valued at $937,000 after purchasing an additional 1,643 shares during the last quarter. Americana Partners LLC grew its position in TD SYNNEX by 10.3% in the 3rd quarter. Americana Partners LLC now owns 987 shares of the business services provider’s stock worth $254,000 after purchasing an additional 92 shares during the last quarter. International Assets Investment Management LLC grew its position in TD SYNNEX by 5,982.7% in the 3rd quarter. International Assets Investment Management LLC now owns 50,000 shares of the business services provider’s stock worth $12,843,000 after purchasing an additional 49,178 shares during the last quarter. CHICAGO TRUST Co NA increased its stake in shares of TD SYNNEX by 38.9% in the third quarter. CHICAGO TRUST Co NA now owns 1,157 shares of the business services provider’s stock valued at $297,000 after purchasing an additional 324 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in shares of TD SYNNEX by 18.2% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 14,190 shares of the business services provider’s stock valued at $3,645,000 after purchasing an additional 2,190 shares during the period. Institutional investors and hedge funds own 84.00% of the company’s stock.

TD SYNNEX Stock Performance

Shares of SNX opened at $236.81 on Monday. The firm has a market capitalization of $18.89 billion, a PE ratio of 14.43, a P/E/G ratio of 0.47 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 firm has a 50-day moving average price of $260.67 and a 200 day moving average price of $225.55. TD SYNNEX Corporation has a 52-week low of $142.22 and a 52-week high of $298.77.

TD SYNNEX (NYSE:SNX) last released its quarterly earnings results on Thursday, September 24th. The business services provider reported $5.68 EPS for the quarter, topping analysts’ consensus estimates of $4.70 by $0.98. The company had revenue of $21.56 billion for the quarter, compared to the consensus estimate of $18.91 billion. TD SYNNEX had a net margin of 1.75% and a return on equity of 16.78%. TD SYNNEX’s revenue was up 37.7% on a year-over-year basis. During the same period in the previous year, the firm earned $3.58 EPS. TD SYNNEX has set its Q4 2026 guidance at 5.650-6.150 EPS. On average, sell-side analysts anticipate that TD SYNNEX Corporation will post 20.35 earnings per share for the current fiscal year.

TD SYNNEX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Friday, October 16th were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, October 16th. TD SYNNEX’s dividend payout ratio is 11.70%.

Insider Buying and Selling

In other TD SYNNEX news, Director Richard Hume sold 5,000 shares of the stock in a transaction on 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 directly owned 13,537 shares of the company’s stock, valued at approximately $3,549,536.77. This trade represents a 26.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alim Dhanji sold 3,775 shares of TD SYNNEX stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $241.01, for a total value of $909,812.75. Following the transaction, the insider owned 11,712 shares in the company, valued at approximately $2,822,709.12. This trade represents a 24.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on SNX shares. Zacks Research raised TD SYNNEX from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 29th. UBS Group increased their price objective on TD SYNNEX from $352.00 to $379.00 and gave the stock a “buy” rating in a report on Friday, September 25th. Weiss Ratings lowered TD SYNNEX from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, October 23rd. Morgan Stanley raised their target price on TD SYNNEX from $334.00 to $359.00 and gave the company an “overweight” rating in a research report on Friday, September 25th. Finally, Barclays lifted their target price on TD SYNNEX from $278.00 to $287.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $331.14.

TD SYNNEX Company Profile

TD SYNNEX Corporation (NYSE: SNX) is a global technology distributor and solutions aggregator. The company connects technology vendors with resellers, systems integrators, managed service providers, retailers and other channel partners, helping them market, sell, deploy and support technology products and services.

Its offerings include personal computing and endpoint devices, servers, data-center and networking equipment, software, cloud solutions, cybersecurity products, and related professional and managed services.