Campbell & CO Investment Adviser LLC Acquires 10,132 Shares of TD SYNNEX Corporation $SNX

Campbell & CO Investment Adviser LLC increased its holdings in TD SYNNEX Corporation (NYSE:SNX) by 93.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,956 shares of the business services provider’s stock after acquiring an additional 10,132 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in TD SYNNEX were worth $2,844,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SNX. Crossmark Global Holdings Inc. raised its stake in shares of TD SYNNEX by 1.6% in the first quarter. Crossmark Global Holdings Inc. now owns 6,063 shares of the business services provider’s stock worth $630,000 after purchasing an additional 94 shares during the last quarter. Louisiana State Employees Retirement System grew its holdings in TD SYNNEX by 0.5% during the first quarter. Louisiana State Employees Retirement System now owns 21,100 shares of the business services provider’s stock worth $2,194,000 after buying an additional 100 shares in the last quarter. State of Michigan Retirement System raised its position in TD SYNNEX by 0.6% in the 1st quarter. State of Michigan Retirement System now owns 18,021 shares of the business services provider’s stock valued at $1,873,000 after buying an additional 100 shares during the last quarter. Blue Trust Inc. lifted its stake in TD SYNNEX by 23.7% during the 2nd quarter. Blue Trust Inc. now owns 543 shares of the business services provider’s stock valued at $74,000 after acquiring an additional 104 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in TD SYNNEX by 19.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 724 shares of the business services provider’s stock worth $76,000 after acquiring an additional 116 shares during the last quarter. Institutional investors and hedge funds own 84.00% of the company’s stock.

TD SYNNEX Price Performance

SNX opened at $151.22 on Monday. The stock has a market capitalization of $12.32 billion, a P/E ratio of 16.40, a PEG ratio of 1.19 and a beta of 1.41. 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. The stock has a 50-day moving average price of $154.16 and a 200-day moving average price of $140.53.

TD SYNNEX (NYSE:SNX) last released its earnings results on Thursday, September 25th. The business services provider reported $2.74 earnings per share for the quarter, missing analysts’ consensus estimates of $3.05 by ($0.31). TD SYNNEX had a return on equity of 12.13% and a net margin of 1.27%.The firm had revenue of $15.65 billion during the quarter, compared to the consensus estimate of $15.11 billion. During the same quarter in the previous year, the firm earned $2.86 EPS. The business’s quarterly revenue 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. Equities analysts predict that TD SYNNEX Corporation will post 11.88 earnings per share for the current fiscal year.

TD SYNNEX Announces Dividend

The firm 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 yield of 1.2%. The ex-dividend date was Friday, October 17th. TD SYNNEX’s dividend payout ratio (DPR) is presently 19.09%.

Insiders Place Their Bets

In related news, CFO Marshall Witt sold 861 shares of the stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $149.84, for a total transaction of $129,012.24. Following the completion of the sale, the chief financial officer directly owned 49,777 shares in the company, valued at $7,458,585.68. This represents a 1.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Alim Dhanji sold 1,762 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $154.55, for a total value of $272,317.10. Following the completion of the sale, the insider owned 13,426 shares of the company’s stock, valued at $2,074,988.30. The trade was a 11.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 15,444 shares of company stock valued at $2,386,174 over the last three months. 1.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

SNX has been the topic of a number of recent analyst reports. UBS Group raised their price target on shares of TD SYNNEX from $154.00 to $187.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Royal Bank Of Canada lifted their target price on TD SYNNEX from $165.00 to $180.00 and gave the company an “outperform” rating in a report on Friday, September 26th. Morgan Stanley upped their target price on shares of TD SYNNEX from $173.00 to $181.00 and gave the stock an “overweight” rating in a report on Friday, September 26th. The Goldman Sachs Group boosted their price target on shares of TD SYNNEX from $145.00 to $164.00 and gave the company a “buy” rating in a research report on Thursday, September 25th. Finally, Bank of America upped their price target on shares of TD SYNNEX from $170.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $169.55.

About TD SYNNEX

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.