TD SYNNEX (NYSE:SNX) Stock Rating Raised to Strong-Buy at Zacks Research

Posted by Brenda Bartman on Oct 1st, 2026

Zacks Research upgraded shares of TD SYNNEX (NYSE:SNX – Free Report) from a hold rating to a strong-buy rating in a research note published on Tuesday,Zacks reports.

Other equities research analysts have also recently issued reports about the stock. Royal Bank Of Canada set a $340.00 price objective on shares of TD SYNNEX in a research report on Friday, June 26th. UBS Group raised their target price on shares of TD SYNNEX from $352.00 to $379.00 and gave the stock a “buy” rating in a research report on Friday, September 25th. Barclays lifted their price target on shares of TD SYNNEX from $278.00 to $287.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 8th. Barrington Research boosted their price target on TD SYNNEX from $202.00 to $325.00 and gave the company an “outperform” rating in a report on Friday, June 26th. Finally, The Goldman Sachs Group set a $330.00 price objective on TD SYNNEX in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $331.14.

Read Our Latest Stock Analysis on TD SYNNEX

TD SYNNEX Stock Performance

SNX stock opened at $257.37 on Tuesday. TD SYNNEX has a twelve month low of $142.22 and a twelve month high of $298.77. The firm has a market cap of $20.58 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 0.59 and a beta of 1.43. The business’s fifty day simple moving average is $258.00 and its two-hundred day simple moving average is $240.13. The company has a quick ratio of 0.64, a current ratio of 1.19 and a debt-to-equity ratio of 0.39.

TD SYNNEX (NYSE:SNX – Get Free Report) last issued its earnings results on Thursday, September 24th. The business services provider reported $5.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.70 by $0.98. The firm had revenue of $21.56 billion during the quarter, compared to analyst estimates of $18.91 billion. TD SYNNEX had a net margin of 1.75% and a return on equity of 16.78%. The business’s revenue was up 37.7% on a year-over-year basis. During the same period in the previous year, the firm earned $3.58 earnings per share. TD SYNNEX has set its Q4 2026 guidance at 5.650-6.150 EPS. Analysts predict that TD SYNNEX will post 19.89 earnings per share for the current year.

TD SYNNEX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, October 16th. TD SYNNEX’s dividend payout ratio is presently 11.70%.

Insider Transactions at TD SYNNEX

In other news, Director Richard T. Hume sold 5,000 shares of the stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $242.97, for a total transaction of $1,214,850.00. Following the transaction, the director directly owned 18,537 shares in the company, valued at approximately $4,503,934.89. This trade represents a 21.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ann F. Vezina sold 1,273 shares of TD SYNNEX stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $256.05, for a total transaction of $325,951.65. Following the transaction, the director directly owned 5,828 shares in the company, valued at approximately $1,492,259.40. The trade was a 17.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 11,273 shares of company stock worth $2,851,852 in the last three months. Insiders own 0.70% of the company’s stock.

Institutional Trading of TD SYNNEX

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in TD SYNNEX in the second quarter worth $1,958,683,000. Norges Bank acquired a new stake in shares of TD SYNNEX in the 4th quarter worth $148,559,000. Bank of New York Mellon Corp acquired a new stake in shares of TD SYNNEX in the 2nd quarter worth $149,728,000. Bank of America Corp DE purchased a new position in TD SYNNEX during the 2nd quarter worth $113,155,000. Finally, Freestone Grove Partners LP purchased a new position in TD SYNNEX during the 2nd quarter worth $98,650,000. Institutional investors own 84.00% of the company’s stock.

TD SYNNEX Company Profile

(Get Free Report)

TD SYNNEX Corporation is a global technology distributor and solutions aggregator that connects technology vendors with resellers, systems integrators, managed service providers and other channel partners. The company helps bring hardware, software and cloud-based solutions to market while supporting partners with sales, marketing, logistics, financing and technical services.

Its portfolio includes data center and networking equipment, personal computing and endpoint devices, software, cybersecurity products, cloud services, unified communications, mobility solutions and emerging technologies.