TD SYNNEX (NYSE:SNX) CFO Sells $611,008.50 in Stock

TD SYNNEX Corporation (NYSE:SNX) CFO David Gregory Jordan sold 3,225 shares of the stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $189.46, for a total transaction of $611,008.50. Following the sale, the chief financial officer directly owned 14,035 shares of the company’s stock, valued at $2,659,071.10. This represents a 18.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

TD SYNNEX Stock Performance

NYSE:SNX opened at $200.37 on Thursday. The company has a market capitalization of $16.16 billion, a PE ratio of 16.66, a P/E/G ratio of 1.08 and a beta of 1.23. TD SYNNEX Corporation has a fifty-two week low of $96.14 and a fifty-two week high of $205.01. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.75 and a current ratio of 1.22. The company has a 50 day simple moving average of $163.58 and a two-hundred day simple moving average of $156.98.

TD SYNNEX (NYSE:SNX) last announced its quarterly earnings data on Tuesday, March 31st. The business services provider reported $4.73 EPS for the quarter, topping the consensus estimate of $3.24 by $1.49. The company had revenue of $17.16 billion during the quarter, compared to the consensus estimate of $15.59 billion. TD SYNNEX had a net margin of 1.52% and a return on equity of 14.03%. The company’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the firm posted $2.80 EPS. Research analysts anticipate that TD SYNNEX Corporation will post 11.88 earnings per share for the current year.

TD SYNNEX Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 29th. Stockholders of record on Wednesday, April 15th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $1.92 annualized dividend and a dividend yield of 1.0%. TD SYNNEX’s dividend payout ratio (DPR) is 15.96%.

TD SYNNEX News Roundup

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

• Positive Sentiment: Q1 earnings and revenue substantially beat consensus, driving the initial move higher — EPS and sales upside improved near-term outlook and gave analysts reason to lift estimates. MarketBeat: TD SYNNEX Q1 / company page
• Positive Sentiment: Zacks upgraded SNX from “hold” to “strong-buy,” signaling sell-side momentum behind the stock and likely contributing to buying interest. TickerReport: Zacks upgrade
• Positive Sentiment: Zacks reports that earnings estimate revisions are trending up for SNX, which typically precedes additional analyst upgrades and supports higher multiples. Zacks: Surging earnings estimates
• Positive Sentiment: Major brokers have lifted price targets (e.g., Goldman to $205) and several analysts have reiterated buy/overweight ratings, adding conviction for momentum investors.
• Positive Sentiment: Company declared a quarterly dividend (small yield), and institutional buying reported in recent quarters shows continued large-holder interest — both supportive of the share price.
• Neutral Sentiment: Coverage pieces are questioning valuation after a large one‑year rally; these raise caution on near-term upside versus longer-term fundamentals. Yahoo: Is it too late after a 90% rally?
• Neutral Sentiment: Mainstream market pages and Q&A write-ups summarize the earnings call and analyst questions — useful for context but not new catalysts. CNN: SNX quote page MSN: analyst questions from Q1 call
• Negative Sentiment: CFO David Gregory Jordan sold 3,225 shares (~$611k). Insider selling can be a negative signal to some investors, though this single disclosed sale is relatively small versus institutional positions. AmericanBankingNews: CFO sale

Hedge Funds Weigh In On TD SYNNEX

A number of large investors have recently modified their holdings of the company. Dorato Capital Management bought a new position in TD SYNNEX during the 4th quarter valued at $27,000. Ossiam lifted its stake 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 acquiring an additional 75 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in TD SYNNEX during the 4th quarter valued at $28,000. Measured Wealth Private Client Group LLC bought a new position in TD SYNNEX during the 3rd quarter valued at $30,000. Finally, Lloyd Advisory Services LLC. bought a new position in TD SYNNEX during the 4th quarter valued at $32,000. 84.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on SNX shares. The Goldman Sachs Group raised their price objective on shares of TD SYNNEX from $180.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, April 2nd. JPMorgan Chase & Co. raised their price objective on shares of TD SYNNEX from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 1st. Morgan Stanley raised their price objective on shares of TD SYNNEX from $172.00 to $174.00 and gave the stock an “overweight” rating in a research report on Friday, March 20th. Royal Bank Of Canada raised their price objective on shares of TD SYNNEX from $180.00 to $210.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 1st. Finally, Barclays increased their target price on TD SYNNEX from $163.00 to $166.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $183.00.

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.