TD SYNNEX Corporation $SNX Shares Purchased by Thrivent Financial for Lutherans

Posted by Brian Himes on May 15th, 2026

Thrivent Financial for Lutherans raised its position in shares of TD SYNNEX Corporation (NYSE:SNX – Free Report) by 0.8% in the fourth quarter, HoldingsChannel reports. The firm owned 1,000,942 shares of the business services provider’s stock after acquiring an additional 8,163 shares during the period. Thrivent Financial for Lutherans’ holdings in TD SYNNEX were worth $150,371,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ossiam boosted its stake in TD SYNNEX by 84.3% during the 3rd quarter. Ossiam now owns 164 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 75 shares during the period. Dorato Capital Management acquired a new position in TD SYNNEX during the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC acquired a new position in TD SYNNEX during the 3rd quarter valued at about $30,000. Brown Brothers Harriman & Co. boosted its stake in TD SYNNEX by 675.9% during 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 acquired a new position in TD SYNNEX during the 3rd quarter valued at about $42,000. 84.00% of the stock is owned by institutional investors and hedge funds.

TD SYNNEX Stock Up 1.3%

SNX stock opened at $234.71 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.71 and a debt-to-equity ratio of 0.41. The firm’s 50-day moving average is $192.44 and its two-hundred day moving average is $167.96. TD SYNNEX Corporation has a 52 week low of $118.35 and a 52 week high of $242.49. The company has a market capitalization of $18.87 billion, a price-to-earnings ratio of 19.51, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40.

TD SYNNEX (NYSE:SNX – Get Free Report) last released its earnings results on Tuesday, March 31st. The business services provider reported $4.73 EPS for the quarter, topping analysts’ consensus estimates of $3.24 by $1.49. TD SYNNEX had a net margin of 1.52% and a return on equity of 14.03%. The business had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $15.59 billion. During the same period in the previous year, the firm earned $2.80 EPS. The business’s revenue for the quarter was up 18.1% on a year-over-year basis. On average, analysts forecast that TD SYNNEX Corporation will post 15.69 earnings per share for the current fiscal year.

TD SYNNEX Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 29th. Investors of record on Wednesday, April 15th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Wednesday, April 15th. TD SYNNEX’s payout ratio is presently 15.96%.

Insider Buying and Selling at TD SYNNEX

In related news, Director Merline Saintil sold 167 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $157.75, for a total value of $26,344.25. Following the sale, the director directly owned 6,995 shares in the company, valued at $1,103,461.25. The trade was a 2.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Miriam Anne Murphy sold 3,025 shares of the business’s stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $200.14, for a total transaction of $605,423.50. Following the completion of the sale, the insider owned 10,820 shares in the company, valued at $2,165,514.80. The trade was a 21.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,417 shares of company stock valued at $2,412,026 over the last quarter. Company insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on SNX. Royal Bank Of Canada boosted their target price on shares of TD SYNNEX from $210.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. The Goldman Sachs Group boosted their target price on shares of TD SYNNEX from $180.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, April 2nd. Morgan Stanley boosted their target price on shares of TD SYNNEX from $172.00 to $174.00 and gave the company an “overweight” rating in a research note on Friday, March 20th. Wall Street Zen raised shares of TD SYNNEX from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Finally, Barclays boosted their price target on shares of TD SYNNEX from $163.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, TD SYNNEX currently has an average rating of “Moderate Buy” and an average price target of $197.70.

Read Our Latest Research Report on SNX

TD SYNNEX Company Profile

(Free Report)

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.