TD SYNNEX (NYSE:SNX) Director Merline Saintil Sells 168 Shares

TD SYNNEX Corporation (NYSE:SNX) Director Merline Saintil sold 168 shares of the company’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $153.38, for a total value of $25,767.84. Following the completion of the transaction, the director owned 7,162 shares of the company’s stock, valued at $1,098,507.56. The trade was a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Merline Saintil also recently made the following trade(s):

• On Monday, November 3rd, Merline Saintil sold 336 shares of TD SYNNEX stock. The shares were sold at an average price of $155.79, for a total transaction of $52,345.44.

TD SYNNEX Price Performance

SNX stock opened at $154.85 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.71 and a current ratio of 1.20. The company’s fifty day moving average price is $153.91 and its 200-day moving average price is $144.87. TD SYNNEX Corporation has a one year low of $92.23 and a one year high of $167.76. The company has a market capitalization of $12.61 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 1.07 and a beta of 1.36.

TD SYNNEX (NYSE:SNX) last announced its quarterly earnings results on Thursday, September 25th. The business services provider reported $3.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.05 by $0.53. TD SYNNEX had a net margin of 1.27% and a return on equity of 12.13%. The company had revenue of $15.65 billion for the quarter, compared to the consensus estimate of $15.11 billion. During the same period in the previous year, the firm posted $2.86 EPS. TD SYNNEX’s revenue for the quarter was up 6.6% compared to the same quarter last year. TD SYNNEX has set its Q4 2025 guidance at 3.450-3.950 EPS. On average, equities analysts anticipate that TD SYNNEX Corporation will post 11.88 EPS for the current fiscal year.

TD SYNNEX Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Friday, October 17th were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, October 17th. TD SYNNEX’s payout ratio is currently 19.09%.

Institutional Trading of TD SYNNEX

A number of institutional investors have recently bought and sold shares of SNX. Nuveen LLC bought a new position in TD SYNNEX during the first quarter valued at $121,259,000. Norges Bank bought a new stake in shares of TD SYNNEX in the 2nd quarter worth about $124,618,000. Metropolis Capital Ltd purchased a new position in shares of TD SYNNEX during the 2nd quarter worth about $115,168,000. Alyeska Investment Group L.P. bought a new position in TD SYNNEX during the 3rd quarter valued at about $135,631,000. Finally, Vanguard Group Inc. raised its position in TD SYNNEX by 10.1% in the 2nd quarter. Vanguard Group Inc. now owns 8,248,639 shares of the business services provider’s stock worth $1,119,340,000 after purchasing an additional 759,022 shares during the period. 84.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. The Goldman Sachs Group raised their price target on TD SYNNEX from $145.00 to $164.00 and gave the company a “buy” rating in a report on Thursday, September 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TD SYNNEX in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of TD SYNNEX from a “buy” rating to a “hold” rating in a report on Monday, November 3rd. Zacks Research raised shares of TD SYNNEX from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 1st. Finally, Bank of America lifted their price objective on shares of TD SYNNEX from $170.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $169.55.

TD SYNNEX Company Profile

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components.