Barrington Research Comments on TD SYNNEX Q3 Earnings

TD SYNNEX Corporation (NYSE:SNX - Free Report) - Analysts at Barrington Research lowered their Q3 2025 EPS estimates for shares of TD SYNNEX in a research report issued to clients and investors on Wednesday, June 25th. Barrington Research analyst V. Colicchio now forecasts that the business services provider will post earnings of $2.89 per share for the quarter, down from their prior estimate of $3.05. Barrington Research currently has a "Outperform" rating and a $156.00 price target on the stock. The consensus estimate for TD SYNNEX's current full-year earnings is $11.88 per share. Barrington Research also issued estimates for TD SYNNEX's Q4 2025 earnings at $3.25 EPS and FY2026 earnings at $12.84 EPS.

SNX has been the topic of a number of other research reports. The Goldman Sachs Group lowered their target price on shares of TD SYNNEX from $154.00 to $137.00 and set a "buy" rating on the stock in a report on Friday, March 28th. Barclays set a $140.00 target price on shares of TD SYNNEX in a report on Tuesday, June 24th. JPMorgan Chase & Co. lowered their target price on shares of TD SYNNEX from $125.00 to $120.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Royal Bank Of Canada reissued an "outperform" rating and set a $145.00 target price on shares of TD SYNNEX in a report on Wednesday. Finally, Morgan Stanley set a $155.00 target price on shares of TD SYNNEX and gave the company an "overweight" rating in a report on Wednesday, June 25th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $141.44.

TD SYNNEX Trading Down 1.7%

NYSE:SNX opened at $134.72 on Monday. The company has a current ratio of 1.26, a quick ratio of 0.75 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $11.31 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 1.11 and a beta of 1.29. The firm's 50 day moving average is $121.26 and its 200 day moving average is $124.39. TD SYNNEX has a 12 month low of $92.23 and a 12 month high of $145.10.

TD SYNNEX (NYSE:SNX - Get Free Report) last posted its quarterly earnings results on Tuesday, June 24th. The business services provider reported $2.99 EPS for the quarter, topping analysts' consensus estimates of $2.71 by $0.28. The company had revenue of $14.95 billion for the quarter, compared to analysts' expectations of $14.30 billion. TD SYNNEX had a net margin of 1.21% and a return on equity of 11.58%. TD SYNNEX's revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.73 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SNX. Nuveen LLC purchased a new position in TD SYNNEX in the first quarter worth $121,259,000. Norges Bank bought a new stake in TD SYNNEX in the fourth quarter worth $121,199,000. Nuveen Asset Management LLC lifted its stake in TD SYNNEX by 343.2% in the fourth quarter. Nuveen Asset Management LLC now owns 1,210,036 shares of the business services provider's stock worth $141,913,000 after purchasing an additional 937,040 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in TD SYNNEX by 16.9% in the first quarter. JPMorgan Chase & Co. now owns 3,899,974 shares of the business services provider's stock worth $405,441,000 after purchasing an additional 564,473 shares during the last quarter. Finally, LSV Asset Management lifted its stake in TD SYNNEX by 46.9% in the fourth quarter. LSV Asset Management now owns 1,715,847 shares of the business services provider's stock worth $201,235,000 after purchasing an additional 547,692 shares during the last quarter. 84.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Miriam Anne Murphy sold 3,000 shares of the company's stock in a transaction on Wednesday, April 30th. The shares were sold at an average price of $110.00, for a total value of $330,000.00. Following the completion of the transaction, the insider now directly owns 14,883 shares in the company, valued at approximately $1,637,130. The trade was a 16.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Marshall Witt sold 1,509 shares of the company's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $125.35, for a total transaction of $189,153.15. Following the completion of the transaction, the chief financial officer now owns 49,563 shares of the company's stock, valued at $6,212,722.05. This trade represents a 2.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.00% of the company's stock.

TD SYNNEX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Friday, July 11th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, July 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.31%. TD SYNNEX's dividend payout ratio (DPR) is currently 20.56%.

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.

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