TD SYNNEX (SNX) to Release Quarterly Earnings on Tuesday

TD SYNNEX (NYSE:SNX) is projected to release its Q1 2026 results before the market opens on Tuesday, March 31st. Analysts expect the company to announce earnings of $3.24 per share and revenue of $15.5911 billion for the quarter. TD SYNNEX has set its Q1 2026 guidance at 3.000-3.500 EPS. Interested persons can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Tuesday, March 31, 2026 at 9:00 AM ET.

TD SYNNEX (NYSE:SNX) last released its quarterly earnings results on Thursday, January 8th. The business services provider reported $3.83 earnings per share for the quarter, beating the consensus estimate of $3.68 by $0.15. The firm 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 company’s revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm posted $3.09 EPS. On average, analysts expect TD SYNNEX to post $12 EPS for the current fiscal year and $14 EPS for the next fiscal year.

TD SYNNEX Stock Performance

Shares of SNX opened at $156.25 on Tuesday. TD SYNNEX has a 12-month low of $92.23 and a 12-month high of $175.56. The company has a current ratio of 1.21, a quick ratio of 0.75 and a debt-to-equity ratio of 0.43. The company has a market cap of $12.60 billion, a PE ratio of 15.67, a price-to-earnings-growth ratio of 1.10 and a beta of 1.37. The stock has a 50-day moving average price of $157.78 and a 200-day moving average price of $154.81.

TD SYNNEX Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Friday, January 16th were paid a $0.48 dividend. This is an increase from TD SYNNEX’s previous quarterly dividend of $0.44. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, January 16th. TD SYNNEX’s payout ratio is 19.26%.

Insider Buying and Selling at TD SYNNEX

In other news, CEO Patrick Zammit sold 13,900 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $171.57, for a total transaction of $2,384,823.00. Following the completion of the sale, the chief executive officer owned 170,928 shares of the company’s stock, valued at approximately $29,326,116.96. This represents a 7.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Merline Saintil sold 167 shares of TD SYNNEX stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $157.75, for a total transaction of $26,344.25. Following the completion of the transaction, the director directly owned 6,995 shares in the company, valued at approximately $1,103,461.25. The trade was a 2.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 80,915 shares of company stock worth $13,111,786. 0.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On TD SYNNEX

A number of hedge funds have recently modified their holdings of SNX. Ossiam raised its stake in shares of TD SYNNEX by 84.3% during the third quarter. Ossiam now owns 164 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 75 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in TD SYNNEX in the third quarter valued at $30,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of TD SYNNEX in the 4th quarter worth about $28,000. Brown Brothers Harriman & Co. boosted its stake in shares of TD SYNNEX by 675.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 225 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 196 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of TD SYNNEX by 97.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 470 shares of the business services provider’s stock valued at $72,000 after buying an additional 232 shares during the period. Hedge funds and other institutional investors own 84.00% of the company’s stock.

Wall Street Analysts Forecast Growth

SNX has been the subject of several research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of TD SYNNEX in a research report on Wednesday, January 21st. The Goldman Sachs Group assumed coverage on shares of TD SYNNEX in a research report on Tuesday, January 13th. They set a “buy” rating and a $180.00 price objective on the stock. Barrington Research reaffirmed an “outperform” rating and set a $182.00 price objective on shares of TD SYNNEX in a report on Friday, January 9th. Royal Bank Of Canada reiterated an “outperform” rating on shares of TD SYNNEX in a research report on Monday, December 22nd. Finally, Morgan Stanley increased their target price on TD SYNNEX from $172.00 to $174.00 and gave the company an “overweight” rating in a research note on Friday. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, TD SYNNEX currently has an average rating of “Moderate Buy” and a consensus target price of $170.82.

TD SYNNEX Company 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.