Man Group plc Invests $6.32 Million in TD SYNNEX Corporation $SNX

Posted by Geri Gentry on Aug 30th, 2026

Man Group plc bought a new position in shares of TD SYNNEX Corporation (NYSE:SNX – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 23,646 shares of the business services provider’s stock, valued at approximately $6,322,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bell Investment Advisors Inc bought a new position in shares of TD SYNNEX in the 2nd quarter worth $27,000. Ossiam lifted its holdings in shares of TD SYNNEX by 84.3% during the 3rd quarter. Ossiam now owns 164 shares of the business services provider’s stock worth $27,000 after acquiring an additional 75 shares during the last quarter. Fiduciary Financial Advisors purchased a new position in TD SYNNEX in the second quarter worth $28,000. Aster Capital Management DIFC Ltd bought a new position in TD SYNNEX in the fourth quarter valued at $28,000. Finally, Measured Wealth Private Client Group LLC bought a new position in TD SYNNEX in the third quarter valued at $30,000. Hedge funds and other institutional investors own 84.00% of the company’s stock.

TD SYNNEX Stock Performance

TD SYNNEX stock opened at $253.62 on Friday. TD SYNNEX Corporation has a fifty-two week low of $142.22 and a fifty-two week high of $296.47. The stock’s 50 day simple moving average is $254.85 and its two-hundred day simple moving average is $222.97. 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 market cap of $20.28 billion, a price-to-earnings ratio of 18.15, a PEG ratio of 0.72 and a beta of 1.44.

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

TD SYNNEX Announces Dividend

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

Insiders Place Their Bets

In other TD SYNNEX news, Director Richard T. Hume sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $262.21, for a total transaction of $1,311,050.00. Following the completion of the sale, the director directly owned 13,537 shares of the company’s stock, valued at approximately $3,549,536.77. This represents a 26.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ann F. Vezina sold 1,273 shares of the company’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $256.05, for a total value of $325,951.65. Following the completion of the sale, the director owned 5,828 shares of the company’s stock, valued at $1,492,259.40. This trade represents a 17.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 16,273 shares of company stock valued at $4,253,752. Company insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on SNX. UBS Group raised their price objective on TD SYNNEX from $310.00 to $352.00 and gave the company a “buy” rating in a report on Friday, June 26th. The Goldman Sachs Group set a $330.00 price target on shares of TD SYNNEX in a research report on Friday, June 26th. Morgan Stanley boosted their price objective on shares of TD SYNNEX from $341.00 to $374.00 and gave the stock an “overweight” rating in a report on Friday, June 26th. Zacks Research lowered shares of TD SYNNEX from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Finally, JPMorgan Chase & Co. raised shares of TD SYNNEX from a “neutral” rating to an “overweight” rating and set a $298.00 price target for the company in a research note on Wednesday, May 27th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $294.67.

Read Our Latest Analysis on TD SYNNEX

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.