TD SYNNEX (SNX) Expected to Announce Earnings on Thursday

TD SYNNEX (NYSE:SNX) will likely be issuing its Q2 2026 results before the market opens on Thursday, June 25th. Analysts expect the company to announce earnings of $4.12 per share and revenue of $16.8038 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, June 25, 2026 at 9:00 AM ET.

TD SYNNEX (NYSE:SNX) last posted its quarterly earnings results on Tuesday, March 31st. The business services provider reported $4.73 EPS for the quarter, topping analysts’ consensus estimates of $3.24 by $1.49. The business had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $15.59 billion. TD SYNNEX had a net margin of 1.52% and a return on equity of 14.03%. The business’s quarterly revenue was up 18.1% on a year-over-year basis. During the same period last year, the company posted $2.80 earnings per share. On average, analysts expect TD SYNNEX to post $16 EPS for the current fiscal year and $18 EPS for the next fiscal year.

TD SYNNEX Trading Up 0.7%

NYSE:SNX opened at $284.01 on Thursday. The company has a current ratio of 1.22, a quick ratio of 0.71 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $22.83 billion, a price-to-earnings ratio of 23.61, a PEG ratio of 1.16 and a beta of 1.43. The firm has a fifty day simple moving average of $238.64 and a two-hundred day simple moving average of $186.14. TD SYNNEX has a 12 month low of $123.28 and a 12 month high of $291.01.

TD SYNNEX Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 15th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, April 15th. TD SYNNEX’s dividend payout ratio (DPR) is presently 15.96%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SNX. Morgan Stanley raised their price target on shares of TD SYNNEX from $172.00 to $174.00 and gave the stock an “overweight” rating in a report on Friday, March 20th. Barclays raised their price target on shares of TD SYNNEX from $166.00 to $237.00 and gave the stock an “equal weight” rating in a report on Friday, May 29th. Wall Street Zen upgraded shares of TD SYNNEX from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Zacks Research cut shares of TD SYNNEX from a “strong-buy” rating to a “hold” rating in a report on Monday, June 1st. Finally, Barrington Research reiterated an “outperform” rating on shares of TD SYNNEX in a report on Tuesday. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $233.10.

Insider Buying and Selling

In related news, insider Miriam Anne Murphy sold 3,025 shares of the business’s stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $200.14, for a total transaction of $605,423.50. Following the transaction, the insider directly owned 10,820 shares in the company, valued at approximately $2,165,514.80. The trade was a 21.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard T. Hume sold 5,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $280.38, for a total transaction of $1,401,900.00. Following the transaction, the director owned 23,537 shares in the company, valued at approximately $6,599,304.06. This trade represents a 17.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 21,250 shares of company stock worth $4,935,282. 0.70% of the stock is owned by insiders.

Institutional Trading of TD SYNNEX

Several hedge funds have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC raised its position in TD SYNNEX by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 7,588 shares of the business services provider’s stock worth $1,140,000 after acquiring an additional 73 shares during the period. Ossiam raised its position in 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 acquiring an additional 75 shares during the period. Illinois Municipal Retirement Fund raised its position in TD SYNNEX by 0.9% in the fourth quarter. Illinois Municipal Retirement Fund now owns 10,833 shares of the business services provider’s stock worth $1,627,000 after acquiring an additional 92 shares during the period. Advisory Services Network LLC raised its position in TD SYNNEX by 6.9% in the fourth quarter. Advisory Services Network LLC now owns 1,495 shares of the business services provider’s stock worth $225,000 after acquiring an additional 96 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in TD SYNNEX by 17.4% in the second quarter. EverSource Wealth Advisors LLC now owns 852 shares of the business services provider’s stock worth $116,000 after acquiring an additional 126 shares during the period. Institutional investors own 84.00% of the company’s stock.

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.