Wedge Capital Management L L P NC Sells 95,860 Shares of TD SYNNEX Corporation $SNX

Posted by Brenda Bartman on Aug 12th, 2026

Wedge Capital Management L L P NC trimmed its position in shares of TD SYNNEX Corporation (NYSE:SNX – Free Report) by 24.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 291,043 shares of the business services provider’s stock after selling 95,860 shares during the quarter. TD SYNNEX accounts for approximately 1.3% of Wedge Capital Management L L P NC’s investment portfolio, making the stock its 14th largest holding. Wedge Capital Management L L P NC’s holdings in TD SYNNEX were worth $77,807,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Ossiam raised its stake in shares of TD SYNNEX by 84.3% in the third quarter. Ossiam now owns 164 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 75 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new stake in TD SYNNEX during the 4th quarter worth approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in TD SYNNEX during the 3rd quarter worth approximately $30,000. Lloyd Advisory Services LLC. acquired a new stake in TD SYNNEX during the 4th quarter valued at $32,000. Finally, SJS Investment Consulting Inc. boosted its stake in TD SYNNEX by 44.6% in the first quarter. SJS Investment Consulting Inc. now owns 201 shares of the business services provider’s stock worth $34,000 after purchasing an additional 62 shares in the last quarter. Institutional investors and hedge funds own 84.00% of the company’s stock.

Insider Transactions at TD SYNNEX

In related news, Director Ann F. Vezina sold 1,273 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $256.05, for a total transaction of $325,951.65. Following the completion of the sale, the director directly owned 5,828 shares of the company’s stock, valued at approximately $1,492,259.40. This represents a 17.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard T. Hume sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $242.97, for a total transaction of $1,214,850.00. Following the sale, the director owned 18,537 shares in the company, valued at $4,503,934.89. This trade represents a 21.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 21,273 shares of company stock valued at $5,401,452. Insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on SNX shares. JPMorgan Chase & Co. upgraded TD SYNNEX from a “neutral” rating to an “overweight” rating and set a $298.00 target price on the stock in a report on Wednesday, May 27th. Morgan Stanley lifted their price target on TD SYNNEX from $341.00 to $374.00 and gave the company an “overweight” rating in a report on Friday, June 26th. Royal Bank Of Canada set a $340.00 price objective on shares of TD SYNNEX in a report on Friday, June 26th. Weiss Ratings cut shares of TD SYNNEX from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 17th. Finally, Barrington Research upped their target price on shares of TD SYNNEX from $202.00 to $325.00 and gave the stock an “outperform” rating in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $294.67.

Get Our Latest Research Report on TD SYNNEX

TD SYNNEX Stock Up 0.1%

TD SYNNEX stock opened at $254.02 on Wednesday. The company’s 50 day simple moving average is $260.94 and its 200 day simple moving average is $214.75. TD SYNNEX Corporation has a fifty-two week low of $142.22 and a fifty-two week high of $296.47. The firm has a market capitalization of $20.31 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 0.72 and a beta of 1.44. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.20 and a quick ratio of 0.64.

TD SYNNEX (NYSE:SNX – Get Free Report) last posted its earnings results on Thursday, June 25th. The business services provider reported $4.85 earnings per share for the quarter, topping 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 net margin of 1.63% and a return on equity of 15.37%. The business’s revenue for the quarter was up 31.0% compared to the same quarter last year. During the same period last year, the business posted $2.99 earnings per share. TD SYNNEX has set its Q3 2026 guidance at 4.250-4.750 EPS. As a group, sell-side analysts anticipate that TD SYNNEX Corporation will post 18.01 EPS for the current year.

TD SYNNEX Announces Dividend

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

About TD SYNNEX

(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.