Morgan Stanley Cuts TD SYNNEX (NYSE:SNX) Price Target to $172.00

TD SYNNEX (NYSE:SNX) had its target price reduced by Morgan Stanley from $177.00 to $172.00 in a research report report published on Friday morning, Marketbeat reports. Morgan Stanley currently has an overweight rating on the business services provider’s stock.

Several other research firms have also weighed in on SNX. The Goldman Sachs Group increased 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. Royal Bank Of Canada reissued an “outperform” rating on shares of TD SYNNEX in a research report on Monday, December 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TD SYNNEX in a report on Wednesday, October 8th. Bank of America increased their price objective on TD SYNNEX from $170.00 to $180.00 and gave the company a “buy” rating in a report on Friday, September 26th. Finally, Raymond James Financial set a $175.00 target price on TD SYNNEX in a research report on Thursday, September 25th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $169.18.

TD SYNNEX Stock Performance

SNX stock opened at $150.36 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. The firm has a market cap of $12.24 billion, a PE ratio of 15.08, a P/E/G ratio of 1.03 and a beta of 1.37. The business has a 50 day moving average of $151.73 and a 200-day moving average of $150.06. TD SYNNEX 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, January 8th. The business services provider reported $3.83 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.15. The business had revenue of $17.38 billion for the quarter, compared to analysts’ expectations of $15.46 billion. TD SYNNEX had a return on equity of 12.60% and a net margin of 1.32%.The business’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.09 earnings per share. TD SYNNEX has set its Q1 2026 guidance at 3.000-3.500 EPS. As a group, sell-side analysts expect that TD SYNNEX will post 11.88 earnings per share for the current year.

TD SYNNEX Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $0.48 per share. This is an increase from TD SYNNEX’s previous quarterly dividend of $0.44. This represents a $1.92 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, January 16th. TD SYNNEX’s dividend payout ratio (DPR) is currently 17.65%.

Insider Buying and Selling

In related news, Director Richard T. Hume sold 5,000 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $153.77, for a total transaction of $768,850.00. Following the sale, the director directly owned 47,515 shares in the company, valued at approximately $7,306,381.55. The trade was a 9.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Merline Saintil sold 336 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $155.79, for a total value of $52,345.44. Following the sale, the director directly owned 7,330 shares in the company, valued at $1,141,940.70. This trade represents a 4.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 23,939 shares of company stock valued at $3,690,188 over the last three months. Insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On TD SYNNEX

Hedge funds have recently bought and sold shares of the company. Parcion Private Wealth LLC lifted its stake in TD SYNNEX by 0.4% in the 3rd quarter. Parcion Private Wealth LLC now owns 15,189 shares of the business services provider’s stock worth $2,487,000 after purchasing an additional 68 shares in the last quarter. Cornerstone Wealth Management LLC increased its holdings in shares of TD SYNNEX by 3.8% in the third quarter. Cornerstone Wealth Management LLC now owns 1,895 shares of the business services provider’s stock worth $310,000 after purchasing an additional 69 shares during the period. Jones Financial Companies Lllp raised its position in shares of TD SYNNEX by 10.6% in the third quarter. Jones Financial Companies Lllp now owns 775 shares of the business services provider’s stock worth $127,000 after buying an additional 74 shares in the last quarter. Ossiam raised its position in shares of TD SYNNEX by 84.3% in the third quarter. Ossiam now owns 164 shares of the business services provider’s stock worth $27,000 after buying an additional 75 shares in the last quarter. Finally, BTC Capital Management Inc. boosted its stake in TD SYNNEX by 3.1% during the third quarter. BTC Capital Management Inc. now owns 2,996 shares of the business services provider’s stock valued at $491,000 after buying an additional 91 shares during the period. Hedge funds and other institutional investors own 84.00% of the company’s stock.

Trending Headlines about TD SYNNEX

Here are the key news stories impacting TD SYNNEX this week:

• Positive Sentiment: Q4 results beat — Revenue rose ~9.7% to about $17.4B and adjusted EPS topped consensus (reported $3.83 vs. $3.68 expected); management cited strong demand in Endpoint and Advanced Solutions. TD SYNNEX Q4 Earnings Beat
• Positive Sentiment: Dividend raised — Board increased the quarterly payout to $0.48 (≈9.1% bump), signaling confidence and adding income appeal for investors. Why Is TD SYNNEX Stock Trading Higher Today?
• Positive Sentiment: Improving profitability & cash flow — Gross and operating profit expanded and operating cash flow showed meaningful improvement year‑over‑year, supporting liquidity and capital returns. Q4 financial details and cash flow
• Neutral Sentiment: Guidance is cautious — Q1 FY26 EPS guidance of $3.00–$3.50 (consensus ~$3.15) and revenue guidance $15.1B–$15.9B (consensus ~$15.4B) leaves room on both upside and downside; investors will watch execution against that range. Earnings call highlights
• Neutral Sentiment: Analysts recalibrating targets — Some firms trimmed price targets (Morgan Stanley cut to $172 but kept an overweight rating) while others reaffirmed or raised targets (e.g., Barrington $182), so consensus upside remains but expectations are being fine‑tuned. Analyst revisions after Q4
• Negative Sentiment: Insider selling — A company director recently sold roughly $768.8K of SNX stock, which some investors view as a mild negative signal on near-term insider conviction. Insider selling report

About TD SYNNEX

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.