6,000 Shares in TD SYNNEX Corporation $SNX Acquired by Ardsley Advisory Partners LP

Ardsley Advisory Partners LP acquired a new position in shares of TD SYNNEX Corporation (NYSE:SNX) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,000 shares of the business services provider’s stock, valued at approximately $814,000.

A number of other institutional investors have also modified their holdings of SNX. Nuveen LLC acquired a new position in TD SYNNEX in the 1st quarter valued at about $121,259,000. Norges Bank acquired a new stake in TD SYNNEX during the second quarter worth approximately $124,618,000. Metropolis Capital Ltd purchased a new position in shares of TD SYNNEX during the second quarter worth about $115,168,000. Vanguard Group Inc. increased its holdings in shares of 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 valued at $1,119,340,000 after acquiring an additional 759,022 shares during the period. Finally, Boston Partners increased its position in TD SYNNEX by 321.6% in the 1st quarter. Boston Partners now owns 591,958 shares of the business services provider’s stock valued at $61,547,000 after acquiring an additional 451,567 shares during the period. 84.00% of the stock is owned by institutional investors and hedge funds.

TD SYNNEX Stock Up 1.1%

Shares of NYSE:SNX opened at $156.01 on Thursday. The firm has a market cap of $12.71 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 1.07 and a beta of 1.36. The company has a fifty day simple moving average of $153.33 and a 200 day simple moving average of $145.71. The company has a current ratio of 1.20, a quick ratio of 0.71 and a debt-to-equity ratio of 0.36. TD SYNNEX Corporation has a 12-month low of $92.23 and a 12-month high of $167.76.

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

TD SYNNEX Announces Dividend

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

Insider Activity

In related news, 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 transaction of $25,767.84. Following the sale, the director directly owned 7,162 shares of the company’s stock, valued at approximately $1,098,507.56. This represents a 2.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Miriam Anne Murphy sold 1,673 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $156.49, for a total transaction of $261,807.77. Following the sale, the insider owned 16,529 shares of the company’s stock, valued at approximately $2,586,623.21. The trade was a 9.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 19,800 shares of company stock valued at $3,050,350 over the last three months. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on SNX. UBS Group lifted 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. Barrington Research boosted their price objective on shares of TD SYNNEX from $156.00 to $182.00 and gave the company an “outperform” rating in a research 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. Barclays increased their target price on shares of TD SYNNEX from $140.00 to $164.00 and gave the stock an “equal weight” rating in a research report on Friday, September 26th. Finally, Zacks Research raised TD SYNNEX from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $169.55.

TD SYNNEX 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.