State of Wyoming increased its position in shares of TD SYNNEX Corporation (NYSE:SNX – Free Report) by 149.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,830 shares of the business services provider’s stock after acquiring an additional 2,294 shares during the quarter. State of Wyoming’s holdings in TD SYNNEX were worth $646,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Essex Financial Services Inc. raised its holdings in TD SYNNEX by 2.9% in the first quarter. Essex Financial Services Inc. now owns 1,957 shares of the business services provider’s stock worth $330,000 after purchasing an additional 56 shares during the period. Kesler Norman & Wride LLC grew its holdings in shares of TD SYNNEX by 0.7% in the 1st quarter. Kesler Norman & Wride LLC now owns 8,581 shares of the business services provider’s stock valued at $1,448,000 after buying an additional 61 shares during the period. SJS Investment Consulting Inc. increased its position in shares of TD SYNNEX by 44.6% in the 1st quarter. SJS Investment Consulting Inc. now owns 201 shares of the business services provider’s stock valued at $34,000 after buying an additional 62 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its position in shares of TD SYNNEX by 3.5% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 2,107 shares of the business services provider’s stock valued at $317,000 after buying an additional 71 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC raised its stake in TD SYNNEX by 4.1% during the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 1,847 shares of the business services provider’s stock worth $312,000 after buying an additional 72 shares during the period. Institutional investors own 84.00% of the company’s stock.
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, July 6th. The shares were sold at an average price of $242.97, for a total value of $1,214,850.00. Following the completion of the sale, the director owned 18,537 shares in the company, valued at $4,503,934.89. This trade represents a 21.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 20,000 shares of company stock worth $4,933,700 over the last 90 days. Corporate insiders own 0.70% of the company’s stock.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on TD SYNNEX
Key TD SYNNEX News
Here are the key news stories impacting TD SYNNEX this week:
- Positive Sentiment: Zacks Research raised its EPS estimates for TD SYNNEX across FY2026, FY2027, and FY2028, signaling stronger expected profitability and supporting the stock’s outlook.
- Positive Sentiment: The biggest upgrade came in FY2028, where Zacks now sees $26.10 EPS versus a prior estimate of $17.40, a notable jump that suggests much stronger long-term earnings power.
- Positive Sentiment: Nearer-term estimates were also raised, including Q3 2026 EPS to $4.40, Q4 2026 EPS to $4.37, and FY2026 EPS to $17.96, indicating improving fundamentals over the next several quarters.
- Positive Sentiment: Zacks also boosted its forecasts for FY2027 EPS to $20.53 and multiple quarterly estimates in 2027–2028, reinforcing the view that earnings momentum could remain strong. TD SYNNEX stock page
TD SYNNEX Stock Down 1.9%
SNX stock opened at $247.94 on Friday. The company has a quick ratio of 0.64, a current ratio of 1.20 and a debt-to-equity ratio of 0.40. The business has a 50 day moving average price of $258.43 and a two-hundred day moving average price of $205.35. The company has a market cap of $19.83 billion, a price-to-earnings ratio of 17.75, a P/E/G ratio of 0.71 and a beta of 1.43. TD SYNNEX Corporation has a twelve month low of $139.23 and a twelve month high of $296.47.
TD SYNNEX (NYSE:SNX – Get Free Report) last announced its quarterly earnings data on Thursday, June 25th. The business services provider reported $4.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.14 by $0.71. The company had revenue of $19.57 billion for the quarter, compared to analysts’ expectations of $16.80 billion. TD SYNNEX had a return on equity of 15.37% and a net margin of 1.63%.The business’s revenue was up 31.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.99 EPS. TD SYNNEX has set its Q3 2026 guidance at 4.250-4.750 EPS. Analysts anticipate that TD SYNNEX Corporation will post 18.01 EPS for the current fiscal year.
TD SYNNEX Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, July 17th. TD SYNNEX’s dividend payout ratio is 13.74%.
TD SYNNEX 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.
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