Equities Analysts Issue Forecasts for TD SYNNEX Q2 Earnings

Key Points

• Zacks Research upgraded its Q2 2026 earnings estimate for TD SYNNEX to $3.13 per share, up from $3.01, and maintains a "Strong-Buy" rating on the stock.
• Goldman Sachs increased their target price for TD SYNNEX from $145.00 to $164.00 while maintaining a "buy" rating, with multiple analysts giving favorable ratings.
• TD SYNNEX announced a quarterly dividend of $0.44 per share, with an annualized yield of 1.1%, set to be paid on October 31st.

TD SYNNEX Corporation (NYSE:SNX - Free Report) - Analysts at Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for TD SYNNEX in a report issued on Thursday, October 16th. Zacks Research analyst Team now anticipates that the business services provider will post earnings of $3.13 per share for the quarter, up from their previous forecast of $3.01. Zacks Research has a "Strong-Buy" rating on the stock. The consensus estimate for TD SYNNEX's current full-year earnings is $11.88 per share. Zacks Research also issued estimates for TD SYNNEX's Q3 2026 earnings at $3.35 EPS and Q2 2027 earnings at $3.47 EPS.

A number of other brokerages also recently commented on SNX. The Goldman Sachs Group lifted their target price on TD SYNNEX from $145.00 to $164.00 and gave the company a "buy" rating in a research note on Thursday, September 25th. Wall Street Zen downgraded TD SYNNEX from a "buy" rating to a "hold" rating in a research note on Saturday. Morgan Stanley lifted their target price on TD SYNNEX from $173.00 to $181.00 and gave the company an "overweight" rating in a research note on Friday, September 26th. Loop Capital lifted their target price on TD SYNNEX from $150.00 to $160.00 and gave the company a "buy" rating in a research note on Monday, June 30th. Finally, Raymond James Financial set a $175.00 target price on TD SYNNEX in a research note on Thursday, September 25th. 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. According to MarketBeat.com, TD SYNNEX has a consensus rating of "Moderate Buy" and a consensus price target of $169.55.

TD SYNNEX Stock Down 1.2%

Shares of TD SYNNEX stock opened at $153.17 on Monday. The company has a quick ratio of 0.71, a current ratio of 1.20 and a debt-to-equity ratio of 0.36. The firm has a market cap of $12.47 billion, a P/E ratio of 16.61, a P/E/G ratio of 1.19 and a beta of 1.43. TD SYNNEX has a fifty-two week low of $92.23 and a fifty-two week high of $167.76. The business has a 50-day moving average price of $152.54 and a 200 day moving average price of $134.93.

TD SYNNEX (NYSE:SNX - Get Free Report) last announced its quarterly earnings data on Thursday, September 25th. The business services provider reported $2.74 earnings per share for the quarter, missing the consensus estimate of $3.05 by ($0.31). The firm had revenue of $15.65 billion during 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 quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.86 earnings per share. TD SYNNEX has set its Q4 2025 guidance at 3.450-3.950 EPS.

TD SYNNEX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, October 17th. TD SYNNEX's dividend payout ratio is 19.09%.

Insiders Place Their Bets

In related news, Director Richard T. Hume sold 5,000 shares of the stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $155.90, for a total value of $779,500.00. Following the completion of the transaction, the director directly owned 62,515 shares of the company's stock, valued at $9,746,088.50. This represents a 7.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ann F. Vezina sold 812 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $150.42, for a total value of $122,141.04. Following the completion of the transaction, the director directly owned 6,079 shares of the company's stock, valued at $914,403.18. This trade represents a 11.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,930 shares of company stock valued at $1,209,663. 1.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On TD SYNNEX

Institutional investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in TD SYNNEX by 329.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 245 shares of the business services provider's stock worth $25,000 after purchasing an additional 188 shares during the period. Cullen Frost Bankers Inc. acquired a new stake in shares of TD SYNNEX during the 1st quarter valued at $44,000. Quarry LP acquired a new stake in shares of TD SYNNEX during the 1st quarter valued at $51,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of TD SYNNEX during the 2nd quarter valued at $55,000. Finally, MAI Capital Management lifted its position in shares of TD SYNNEX by 90.2% during the 2nd quarter. MAI Capital Management now owns 428 shares of the business services provider's stock valued at $58,000 after acquiring an additional 203 shares during the last quarter. 84.00% of the stock is currently owned by institutional investors and hedge funds.

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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