Atria Investments Inc Has $700,000 Stock Holdings in TD SYNNEX Corporation $SNX

Atria Investments Inc increased its position in shares of TD SYNNEX Corporation (NYSE:SNX) by 33.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,156 shares of the business services provider’s stock after buying an additional 1,302 shares during the quarter. Atria Investments Inc’s holdings in TD SYNNEX were worth $700,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SNX. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of 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 purchasing an additional 188 shares during the period. Cullen Frost Bankers Inc. acquired a new stake in shares of TD SYNNEX in the 1st quarter worth about $44,000. Quarry LP bought a new position in TD SYNNEX in the 1st quarter valued at about $51,000. Caitong International Asset Management Co. Ltd acquired a new position in TD SYNNEX during the 2nd quarter valued at about $55,000. Finally, Hantz Financial Services Inc. boosted its stake in TD SYNNEX by 1,012.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 445 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 405 shares during the last quarter. Institutional investors and hedge funds own 84.00% of the company’s stock.

TD SYNNEX Price Performance

SNX stock opened at $151.22 on Friday. The firm has a 50 day simple moving average of $154.16 and a two-hundred day simple moving average of $140.30. The stock has a market cap of $12.32 billion, a PE ratio of 16.40, a P/E/G ratio of 1.19 and a beta of 1.41. TD SYNNEX Corporation has a one year low of $92.23 and a one year high of $167.76. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.20 and a quick ratio of 0.71.

TD SYNNEX (NYSE:SNX) last posted its quarterly earnings data on Thursday, September 25th. The business services provider reported $2.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.05 by ($0.31). TD SYNNEX had a return on equity of 12.13% and a net margin of 1.27%.The company had revenue of $15.65 billion for the quarter, compared to the consensus estimate of $15.11 billion. During the same period in the prior year, the firm posted $2.86 earnings per share. The business’s revenue was up 6.6% on a year-over-year basis. TD SYNNEX has set its Q4 2025 guidance at 3.450-3.950 EPS. On average, analysts predict that TD SYNNEX Corporation will post 11.88 EPS for the current fiscal year.

TD SYNNEX Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Friday, October 17th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, October 17th. TD SYNNEX’s dividend payout ratio is presently 19.09%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SNX. Barclays raised their target price on TD SYNNEX from $140.00 to $164.00 and gave the company an “equal weight” rating in a report on Friday, September 26th. Zacks Research raised TD SYNNEX from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Morgan Stanley lifted their target price on TD SYNNEX from $173.00 to $181.00 and gave the stock an “overweight” rating in a research note on Friday, September 26th. JPMorgan Chase & Co. lifted their price objective on shares of TD SYNNEX from $143.00 to $160.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. Finally, Barrington Research raised their price objective on shares of TD SYNNEX from $156.00 to $182.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, TD SYNNEX presently has a consensus rating of “Moderate Buy” and an average target price of $169.55.

Insider Activity

In other TD SYNNEX news, Director Ann F. Vezina sold 812 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $150.42, for a total transaction of $122,141.04. Following the transaction, the director directly owned 6,079 shares in the company, valued at $914,403.18. This trade represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Alim Dhanji sold 1,762 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $154.55, for a total transaction of $272,317.10. Following the completion of the sale, the insider owned 13,426 shares of the company’s stock, valued at approximately $2,074,988.30. The trade was a 11.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 15,444 shares of company stock worth $2,386,174. 1.00% of the stock is currently owned by insiders.

TD SYNNEX Company Profile

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.