Sei Investments Co. Grows Stock Holdings in TD SYNNEX Corporation $SNX

Sei Investments Co. grew its position in shares of TD SYNNEX Corporation (NYSE:SNXFree Report) by 41.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 620,366 shares of the business services provider’s stock after acquiring an additional 183,185 shares during the period. Sei Investments Co.’s holdings in TD SYNNEX were worth $104,661,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Ossiam increased its holdings 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 purchased a new stake in TD SYNNEX in the 4th quarter worth approximately $27,000. Aster Capital Management DIFC Ltd bought a new stake in shares of TD SYNNEX in the 4th quarter worth approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in shares of TD SYNNEX in the 3rd quarter worth approximately $30,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of TD SYNNEX during the fourth quarter valued at approximately $32,000. 84.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on SNX. Zacks Research upgraded TD SYNNEX from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Morgan Stanley lifted their price target on shares of TD SYNNEX from $341.00 to $374.00 and gave the company an “overweight” rating in a report on Friday, June 26th. Barclays boosted their price objective on shares of TD SYNNEX from $237.00 to $278.00 and gave the company an “equal weight” rating in a research report on Thursday, July 2nd. The Goldman Sachs Group set a $330.00 price objective on shares of TD SYNNEX in a report on Friday, June 26th. Finally, JPMorgan Chase & Co. raised shares of TD SYNNEX from a “neutral” rating to an “overweight” rating and set a $298.00 target price for the company in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $294.67.

Get Our Latest Stock Report on SNX

TD SYNNEX Stock Down 1.9%

Shares of NYSE:SNX opened at $247.94 on Friday. The firm has a market capitalization of $19.83 billion, a P/E ratio of 17.75, a P/E/G ratio of 0.71 and a beta of 1.43. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.64 and a current ratio of 1.20. The stock has a 50 day moving average price of $258.43 and a 200-day moving average price of $205.35. TD SYNNEX Corporation has a 52-week low of $139.23 and a 52-week high of $296.47.

TD SYNNEX (NYSE:SNXGet Free Report) last released its quarterly earnings results on Thursday, June 25th. The business services provider reported $4.85 earnings per share for the quarter, beating the consensus estimate of $4.14 by $0.71. The company had revenue of $19.57 billion for the quarter, compared to analyst estimates of $16.80 billion. TD SYNNEX had a return on equity of 15.37% and a net margin of 1.63%.The firm’s revenue was up 31.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.99 earnings per share. TD SYNNEX has set its Q3 2026 guidance at 4.250-4.750 EPS. As a group, equities research analysts anticipate that TD SYNNEX Corporation will post 18.01 EPS for the current fiscal year.

TD SYNNEX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, July 17th. TD SYNNEX’s payout ratio is 13.74%.

Insider Activity at TD SYNNEX

In other news, Director Richard T. Hume sold 5,000 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $242.97, for a total value of $1,214,850.00. Following the sale, the director directly owned 18,537 shares of the company’s stock, valued at $4,503,934.89. This represents a 21.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 20,000 shares of company stock worth $4,933,700. Insiders own 0.70% of the company’s stock.

Key Stories Impacting TD SYNNEX

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

  • Positive Sentiment: Zacks Research raised its EPS estimates for TD SYNNEX across FY2026, FY2027, and FY2028, signaling stronger expected profitability and supporting the stock’s outlook.
  • Positive Sentiment: The biggest upgrade came in FY2028, where Zacks now sees $26.10 EPS versus a prior estimate of $17.40, a notable jump that suggests much stronger long-term earnings power.
  • Positive Sentiment: Nearer-term estimates were also raised, including Q3 2026 EPS to $4.40, Q4 2026 EPS to $4.37, and FY2026 EPS to $17.96, indicating improving fundamentals over the next several quarters.
  • Positive Sentiment: Zacks also boosted its forecasts for FY2027 EPS to $20.53 and multiple quarterly estimates in 2027–2028, reinforcing the view that earnings momentum could remain strong. TD SYNNEX stock page

TD SYNNEX 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.

See Also

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Institutional Ownership by Quarter for TD SYNNEX (NYSE:SNX)

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