Mitsubishi UFJ Trust & Banking Corp Has $8.75 Million Holdings in TD SYNNEX Corporation $SNX

Mitsubishi UFJ Trust & Banking Corp lifted its position in TD SYNNEX Corporation (NYSE:SNX) by 64.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 53,426 shares of the business services provider’s stock after acquiring an additional 20,990 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.07% of TD SYNNEX worth $8,749,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Parcion Private Wealth LLC boosted its position in shares of TD SYNNEX by 0.4% in the third quarter. Parcion Private Wealth LLC now owns 15,189 shares of the business services provider’s stock worth $2,487,000 after buying an additional 68 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in TD SYNNEX by 0.7% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 15,437 shares of the business services provider’s stock worth $2,528,000 after acquiring an additional 100 shares in the last quarter. ProShare Advisors LLC boosted its position in TD SYNNEX by 3.1% during the 2nd quarter. ProShare Advisors LLC now owns 3,311 shares of the business services provider’s stock worth $449,000 after acquiring an additional 101 shares during the period. HB Wealth Management LLC grew its stake in TD SYNNEX by 4.5% during the 3rd quarter. HB Wealth Management LLC now owns 2,402 shares of the business services provider’s stock valued at $393,000 after acquiring an additional 103 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of TD SYNNEX by 23.7% in the 2nd quarter. Blue Trust Inc. now owns 543 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 104 shares during the period. 84.00% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other TD SYNNEX news, insider Miriam Anne Murphy sold 1,673 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $156.49, for a total transaction of $261,807.77. Following the completion of the sale, the insider directly owned 16,529 shares in the company, valued at $2,586,623.21. This represents a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard T. Hume sold 5,000 shares of TD SYNNEX stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $153.77, for a total value of $768,850.00. Following the completion of the transaction, the director owned 47,515 shares in the company, valued at $7,306,381.55. The trade was a 9.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 17,177 shares of company stock valued at $2,638,371 in the last quarter. Insiders own 1.00% of the company’s stock.

TD SYNNEX Price Performance

NYSE SNX opened at $159.13 on Thursday. TD SYNNEX Corporation has a fifty-two week low of $92.23 and a fifty-two week high of $167.76. The stock’s 50-day moving average is $152.23 and its two-hundred day moving average is $151.19. The firm has a market cap of $12.96 billion, a P/E ratio of 15.96, a price-to-earnings-growth ratio of 1.13 and a beta of 1.37. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 0.75.

TD SYNNEX (NYSE:SNX) last issued its quarterly earnings data on Thursday, January 8th. The business services provider reported $3.83 EPS for the quarter, beating analysts’ consensus estimates of $3.68 by $0.15. The business had revenue of $17.38 billion for the quarter, compared to analyst estimates of $15.46 billion. TD SYNNEX had a return on equity of 12.60% and a net margin of 1.32%.The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.09 EPS. TD SYNNEX has set its Q1 2026 guidance at 3.000-3.500 EPS. On average, analysts anticipate that TD SYNNEX Corporation will post 11.88 earnings per share for the current fiscal year.

TD SYNNEX Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be issued a $0.48 dividend. This is a boost from TD SYNNEX’s previous quarterly dividend of $0.44. The ex-dividend date is Friday, January 16th. This represents a $1.92 annualized dividend and a yield of 1.2%. TD SYNNEX’s payout ratio is 19.26%.

Wall Street Analysts Forecast Growth

SNX has been the topic of a number of research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of TD SYNNEX in a research report on Monday, December 22nd. Wall Street Zen cut shares of TD SYNNEX from a “buy” rating to a “hold” rating in a report on Sunday. UBS Group increased their price objective on TD SYNNEX from $187.00 to $193.00 and gave the stock a “buy” rating in a report on Friday, January 9th. Weiss Ratings restated a “buy (b-)” rating on shares of TD SYNNEX in a research note on Wednesday, January 21st. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $182.00 target price on shares of TD SYNNEX in a research report on Friday, January 9th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, TD SYNNEX presently has a consensus rating of “Moderate Buy” and a consensus target price of $170.64.

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.