<div id="readability-page-1"><p>Treasurer of the State of North Carolina lessened its position in  TD SYNNEX Co. (NYSE:SNX - Free Report) by 12.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The firm owned 33,137 shares of the business services provider's stock after selling 4,847 shares during the period. Treasurer of the State of North Carolina's holdings in TD SYNNEX were worth $3,886,000 at the end of the most recent reporting period.</p><ul><li>Extreme Networks Snags an Upgrade on Inventory Normalization</li></ul><p>Several other hedge funds have also recently bought and sold shares of SNX. Vanguard Group Inc. raised its holdings in shares of  TD SYNNEX by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 7,685,224 shares of the business services provider's stock valued at $901,323,000 after buying an additional 29,659 shares during the last quarter.  FMR LLC lifted its holdings in  TD SYNNEX by 3.2% in the fourth quarter. FMR LLC now owns 7,663,179 shares of the business services provider's stock worth $898,738,000 after purchasing an additional 237,587 shares during the period.  JPMorgan Chase &amp; Co. grew its position in  TD SYNNEX by 10.7% in the 4th quarter. JPMorgan Chase &amp; Co. now owns 3,335,501 shares of the business services provider's stock valued at $391,188,000 after buying an additional 323,282 shares in the last quarter.  Ninety One UK Ltd increased its stake in  TD SYNNEX by 75.4% during the 4th quarter. Ninety One UK Ltd now owns 2,364,563 shares of the business services provider's stock valued at $277,316,000 after buying an additional 1,016,251 shares during the period.  Finally, LSV Asset Management lifted its stake in shares of  TD SYNNEX by 46.9% in the 4th quarter. LSV Asset Management now owns 1,715,847 shares of the business services provider's stock worth $201,235,000 after acquiring an additional 547,692 shares during the period. 84.00% of the stock is currently owned by institutional investors. </p><h2>TD SYNNEX Trading Up 0.2 %</h2><p>Shares of NYSE SNX opened at $103.27 on Wednesday. The company has a current ratio of 1.24, a quick ratio of 0.76 and a debt-to-equity ratio of 0.46. TD SYNNEX Co. has a one year low of $92.23 and a one year high of $145.10. The business has a 50-day moving average price of $124.65 and a two-hundred day moving average price of $124.20. The firm has a market capitalization of $8.67 billion, a PE ratio of 12.97, a PEG ratio of 1.06 and a beta of 1.36. </p><ul><li>Is 2024 the year of the dividend increase?</li></ul><p>TD SYNNEX (NYSE:SNX - Get Free Report) last announced its quarterly earnings data on Thursday, March 27th. The business services provider reported $2.80 EPS for the quarter, missing analysts' consensus estimates of $2.87 by ($0.07). TD SYNNEX had a net margin of 1.18% and a return on equity of 11.91%. The company had revenue of $14.53 billion for the quarter, compared to analysts' expectations of $14.79 billion. During the same period in the previous year, the firm posted $2.99 earnings per share. The business's revenue for the quarter was up 4.0% on a year-over-year basis.  As a group, analysts predict that  TD SYNNEX Co. will post 11.88 earnings per share for the current fiscal year. </p><h2>TD SYNNEX Dividend Announcement</h2><p>The company also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.76 annualized dividend and a dividend yield of 1.70%. TD SYNNEX's payout ratio is 21.97%. </p><h2>Insider Buying and Selling</h2><p>In other TD SYNNEX news, Director Ann F. Vezina sold 839 shares of the firm's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $136.08, for a total transaction of $114,171.12. Following the transaction, the director now directly owns 4,856 shares in the company, valued at $660,804.48. This trade represents a 14.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, CEO Patrick Zammit sold 6,823 shares of the company's stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $143.00, for a total value of $975,689.00. Following the sale, the chief executive officer now owns 165,604 shares of the company's stock, valued at approximately $23,681,372. This trade represents a 3.96 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,172 shares of company stock worth $4,000,861. Insiders own  1.00% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>Several brokerages have recently weighed in on SNX. UBS Group cut their price objective on TD SYNNEX from $150.00 to $138.00 and set a &#34;buy&#34; rating for the company in a report on Friday, March 28th. Cfra reduced their target price on shares of TD SYNNEX from $147.00 to $132.00 and set a &#34;buy&#34; rating for the company in a report on Friday, March 28th. Barclays dropped their price target on TD SYNNEX from $148.00 to $125.00 and set an &#34;equal weight&#34; rating on the stock in a report on Friday, March 28th. Barrington Research  restated an &#34;outperform&#34; rating and issued a $156.00 target price on shares of TD SYNNEX in a report on Friday, March 28th. Finally, The Goldman Sachs Group reduced their target price on TD SYNNEX from $154.00 to $137.00 and set a &#34;buy&#34; rating for the company in a report on Friday, March 28th. Three investment analysts have rated the stock with a hold rating and seven have assigned  a buy rating to the stock. Based on data from MarketBeat.com, TD SYNNEX presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $137.22.</p><p><b>View Our Latest Stock Report on TD SYNNEX</b></p><h2>TD SYNNEX Profile</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than TD SYNNEX</li><li>5 discounted opportunities for dividend growth investors</li><li>Beware of BigBear.ai: Insiders Are Selling—Should You?</li><li>What Does a Stock Split Mean? </li><li>CrowdStrike Stock is a Buy as Cyberthreat Environment Expands</li><li>Best Aerospace Stocks Investing </li><li>Congress! Who Traded What During the Tariff-Induced Meltdown </li></ul><p><strong>Want to see what other hedge funds are holding SNX?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TD SYNNEX Co. (NYSE:SNX - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNOWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNOWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in TD SYNNEX Right Now?</h2><p>Before you consider TD SYNNEX, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TD SYNNEX wasn't on the list.</p><p>While TD SYNNEX currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Treasurer of the State of North Carolina reduced its stake in TD SYNNEX Co. (NYSE:SNX) by 12.8% in Q4, holding 33,137 shares valued at $3.89 million. Other institutional investors, including Vanguard and FMR LLC, also adjusted their positions. TD SYNNEX's stock opened at $103.27, with a market cap of $8.67 billion. The company reported Q4 earnings of $2.80 per share, missing estimates, and declared a quarterly dividend of $0.44, payable on April 25.</p>

TD SYNNEX Co. (NYSE:SNX) Stock Holdings Lowered by Treasurer of the State of North Carolina