TD SYNNEX (NYSE:SNX) Given New $172.00 Price Target at Morgan Stanley

TD SYNNEX (NYSE:SNX) had its target price trimmed by Morgan Stanley from $177.00 to $172.00 in a research note released on Friday morning, Marketbeat Ratings reports. The brokerage currently has an overweight rating on the business services provider’s stock.

Other analysts have also issued research reports about the company. Barrington Research reiterated an “outperform” rating and set a $182.00 target price on shares of TD SYNNEX in a report on Friday. Zacks Research cut TD SYNNEX from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. UBS Group increased their price objective on TD SYNNEX from $154.00 to $187.00 and gave the company a “buy” rating in a report on Monday, September 29th. Raymond James Financial set a $175.00 target price on shares of TD SYNNEX in a report on Thursday, September 25th. Finally, Barclays increased their price target on shares of TD SYNNEX from $140.00 to $164.00 and gave the company an “equal weight” rating in a research note on Friday, September 26th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $169.18.

TD SYNNEX Price Performance

NYSE SNX opened at $150.36 on Friday. The firm’s 50 day moving average is $151.73 and its 200-day moving average is $149.88. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $12.24 billion, a PE ratio of 15.08, a price-to-earnings-growth ratio of 1.01 and a beta of 1.37. TD SYNNEX has a 12-month low of $92.23 and a 12-month high of $167.76.

TD SYNNEX (NYSE:SNX) last released its earnings results on Thursday, January 8th. The business services provider reported $3.83 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.15. TD SYNNEX had a net margin of 1.32% and a return on equity of 12.60%. The business had revenue of $17.38 billion during the quarter, compared to the consensus estimate of $15.46 billion. During the same quarter last year, the firm earned $3.09 earnings per share. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. TD SYNNEX has set its Q1 2026 guidance at 3.000-3.500 EPS. Equities research analysts anticipate that TD SYNNEX will post 11.88 earnings per share for the current fiscal year.

TD SYNNEX Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be given a $0.48 dividend. The ex-dividend date of this dividend is Friday, January 16th. This is a positive change from TD SYNNEX’s previous quarterly dividend of $0.44. This represents a $1.92 annualized dividend and a dividend yield of 1.3%. TD SYNNEX’s dividend payout ratio (DPR) is currently 19.09%.

Insider Transactions at TD SYNNEX

In other TD SYNNEX news, Director Richard T. Hume sold 5,000 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $153.77, for a total transaction of $768,850.00. Following the transaction, the director owned 47,515 shares in the company, valued at $7,306,381.55. This trade represents a 9.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Alim Dhanji sold 1,762 shares of TD SYNNEX stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $154.55, for a total value of $272,317.10. Following the sale, the insider directly owned 13,426 shares of the company’s stock, valued at $2,074,988.30. This represents a 11.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 23,939 shares of company stock worth $3,690,188 in the last ninety days. 1.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On TD SYNNEX

A number of hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in TD SYNNEX by 9.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,820 shares of the business services provider’s stock valued at $1,749,000 after purchasing an additional 1,460 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of TD SYNNEX by 5.8% in the first quarter. Goldman Sachs Group Inc. now owns 179,210 shares of the business services provider’s stock valued at $18,631,000 after buying an additional 9,815 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in TD SYNNEX by 6.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 204,172 shares of the business services provider’s stock worth $21,226,000 after buying an additional 12,615 shares in the last quarter. Strs Ohio acquired a new stake in TD SYNNEX during the first quarter worth approximately $1,913,000. Finally, Voya Investment Management LLC increased its stake in TD SYNNEX by 27.4% during the 1st quarter. Voya Investment Management LLC now owns 33,490 shares of the business services provider’s stock worth $3,482,000 after acquiring an additional 7,212 shares during the period. 84.00% of the stock is owned by institutional investors.

Trending Headlines about TD SYNNEX

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

• Positive Sentiment: Q4 results beat — Revenue rose ~9.7% to about $17.4B and adjusted EPS topped consensus (reported $3.83 vs. $3.68 expected); management cited strong demand in Endpoint and Advanced Solutions. TD SYNNEX Q4 Earnings Beat
• Positive Sentiment: Dividend raised — Board increased the quarterly payout to $0.48 (≈9.1% bump), signaling confidence and adding income appeal for investors. Why Is TD SYNNEX Stock Trading Higher Today?
• Positive Sentiment: Improving profitability & cash flow — Gross and operating profit expanded and operating cash flow showed meaningful improvement year‑over‑year, supporting liquidity and capital returns. Q4 financial details and cash flow
• Neutral Sentiment: Guidance is cautious — Q1 FY26 EPS guidance of $3.00–$3.50 (consensus ~$3.15) and revenue guidance $15.1B–$15.9B (consensus ~$15.4B) leaves room on both upside and downside; investors will watch execution against that range. Earnings call highlights
• Neutral Sentiment: Analysts recalibrating targets — Some firms trimmed price targets (Morgan Stanley cut to $172 but kept an overweight rating) while others reaffirmed or raised targets (e.g., Barrington $182), so consensus upside remains but expectations are being fine‑tuned. Analyst revisions after Q4
• Negative Sentiment: Insider selling — A company director recently sold roughly $768.8K of SNX stock, which some investors view as a mild negative signal on near-term insider conviction. Insider selling report

TD SYNNEX Company Profile

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.