SG Americas Securities LLC Has $437,000 Stock Holdings in TD SYNNEX Corporation $SNX

SG Americas Securities LLC trimmed its stake in shares of TD SYNNEX Corporation (NYSE:SNX) by 67.3% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 3,221 shares of the business services provider’s stock after selling 6,635 shares during the quarter. SG Americas Securities LLC’s holdings in TD SYNNEX were worth $437,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in TD SYNNEX by 329.8% during 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. Quarry LP acquired a new position in shares of TD SYNNEX in the 1st quarter valued at approximately $51,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of TD SYNNEX during the 2nd quarter worth approximately $55,000. Hantz Financial Services Inc. boosted its position in shares of TD SYNNEX by 1,012.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 445 shares of the business services provider’s stock worth $60,000 after acquiring an additional 405 shares in the last quarter. Finally, SVB Wealth LLC bought a new position in TD SYNNEX in the first quarter valued at approximately $72,000. Institutional investors own 84.00% of the company’s stock.

TD SYNNEX Price Performance

TD SYNNEX stock opened at $151.98 on Friday. The stock has a 50-day moving average price of $154.04 and a two-hundred day moving average price of $143.65. TD SYNNEX Corporation has a 12 month low of $92.23 and a 12 month high of $167.76. The company has a market capitalization of $12.38 billion, a PE ratio of 16.48, a P/E/G ratio of 1.19 and a beta of 1.41. The company has a current ratio of 1.20, a quick ratio of 0.71 and a debt-to-equity ratio of 0.36.

TD SYNNEX (NYSE:SNX) last released its quarterly earnings data on Thursday, September 25th. The business services provider reported $3.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.53. TD SYNNEX had a return on equity of 12.13% and a net margin of 1.27%.The company had revenue of $15.65 billion during the quarter, compared to the consensus estimate of $15.11 billion. During the same quarter in the prior year, the firm posted $2.86 earnings per share. The firm’s revenue was up 6.6% compared to the same quarter last year. TD SYNNEX has set its Q4 2025 guidance at 3.450-3.950 EPS. Analysts expect that TD SYNNEX Corporation will post 11.88 EPS for the current year.

TD SYNNEX Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Friday, October 17th were paid a $0.44 dividend. The ex-dividend date of this dividend was Friday, October 17th. This represents a $1.76 annualized dividend and a dividend yield of 1.2%. TD SYNNEX’s payout ratio is currently 19.09%.

Insiders Place Their Bets

In related news, insider Alim Dhanji sold 1,762 shares of the firm’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $154.55, for a total transaction of $272,317.10. Following the completion of the transaction, the insider directly owned 13,426 shares of the company’s stock, valued at $2,074,988.30. This trade represents a 11.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard T. Hume sold 5,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $153.81, for a total value of $769,050.00. Following the completion of the sale, the director owned 57,515 shares in the company, valued at $8,846,382.15. This trade represents a 8.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 14,632 shares of company stock valued at $2,264,033 over the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on SNX shares. Wall Street Zen cut TD SYNNEX from a “buy” rating to a “hold” rating in a research note on Monday, November 3rd. Barclays upped their price objective on TD SYNNEX from $140.00 to $164.00 and gave the stock an “equal weight” rating in a research report on Friday, September 26th. Barrington Research raised their price objective on TD SYNNEX from $156.00 to $182.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. Morgan Stanley boosted their target price on TD SYNNEX from $173.00 to $181.00 and gave the stock an “overweight” rating in a research note on Friday, September 26th. Finally, The Goldman Sachs Group increased their target price on shares of TD SYNNEX from $145.00 to $164.00 and gave the stock a “buy” rating in a report on Thursday, September 25th. One 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 company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $169.55.

TD SYNNEX Company Profile

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.