<div id="readability-page-1"><p>Frontier Capital Management Co. LLC trimmed its holdings in  TD SYNNEX Corporation (NYSE:SNX - Free Report) by 7.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 312,591 shares of the business services provider's stock after selling 26,667 shares during the quarter. Frontier Capital Management Co. LLC owned 0.38% of TD SYNNEX worth $42,419,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>Extreme Networks Snags an Upgrade on Inventory Normalization</li></ul><p>A number of other hedge funds and other institutional investors have also made changes to their positions in SNX. ProShare Advisors LLC grew its position in  TD SYNNEX by 3.1% in the second quarter. ProShare Advisors LLC now owns 3,311 shares of the business services provider's stock worth $449,000 after buying an additional 101 shares during the last quarter.  Blue Trust Inc. boosted its position 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.  Smartleaf Asset Management LLC increased its stake in  TD SYNNEX by 19.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 724 shares of the business services provider's stock worth $76,000 after purchasing an additional 116 shares in the last quarter.  Signaturefd LLC raised its holdings in  TD SYNNEX by 15.3% during the 2nd quarter. Signaturefd LLC now owns 937 shares of the business services provider's stock worth $127,000 after buying an additional 124 shares during the period.  Finally, EverSource Wealth Advisors LLC raised its holdings in  TD SYNNEX by 17.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 852 shares of the business services provider's stock worth $116,000 after buying an additional 126 shares during the period. 84.00% of the stock is currently owned by institutional investors. </p><h2>Analyst Upgrades and Downgrades</h2><p>SNX has been the topic of several analyst reports. Wall Street Zen downgraded shares of TD SYNNEX from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Monday, November 3rd. Barclays upped their price target on TD SYNNEX from $140.00 to $164.00 and gave the company an &#34;equal weight&#34; rating in a research report on Friday, September 26th. Morgan Stanley raised their price objective on TD SYNNEX from $173.00 to $181.00 and gave the stock an &#34;overweight&#34; rating in a research report on Friday, September 26th. UBS Group boosted their price objective on shares of TD SYNNEX from $154.00 to $187.00 and gave the company a &#34;buy&#34; rating in a research report on Monday, September 29th. Finally, Royal Bank Of Canada upped their price objective on shares of TD SYNNEX from $165.00 to $180.00 and gave the company an &#34;outperform&#34; rating in a research note on Friday, September 26th. One analyst  has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned  a Hold rating to the company. According to MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $169.55.</p><ul><li>Is 2024 the year of the dividend increase?</li></ul><p><b>View Our Latest Report on SNX</b></p><h2>TD SYNNEX Stock Up 1.1%</h2><p>SNX stock opened at $156.01 on Thursday. The firm has a market cap of $12.71 billion, a PE ratio of 16.92, a PEG ratio of 1.07 and a beta of 1.36. TD SYNNEX Corporation has a 1 year low of $92.23 and a 1 year high of $167.76. The company has a fifty day simple moving average of $153.33 and a 200 day simple moving average of $145.71. The company has a current ratio of 1.20, a quick ratio of 0.71 and a debt-to-equity ratio of 0.36. </p><p>TD SYNNEX (NYSE:SNX - Get Free Report) last announced its quarterly earnings results on Thursday, September 25th. The business services provider reported $3.58 earnings per share for the quarter, topping analysts' consensus estimates of $3.05 by $0.53. The company had revenue of $15.65 billion during the quarter, compared to analysts' expectations of $15.11 billion. TD SYNNEX had a return on equity of 12.13% and a net margin of 1.27%.The business's quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.86 earnings per share. TD SYNNEX has set its Q4 2025 guidance at 3.450-3.950 EPS.  Sell-side analysts anticipate that  TD SYNNEX Corporation will post 11.88 EPS for the current fiscal year. </p><h2>TD SYNNEX Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Friday, October 17th were given a $0.44 dividend. The ex-dividend date of this dividend was Friday, October 17th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.1%. TD SYNNEX's dividend payout ratio (DPR) is currently 19.09%. </p><h2>Insiders Place Their Bets</h2><p>In related news, insider Miriam Anne Murphy sold 1,673 shares of the company's stock in a transaction on 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 of the company's stock, valued at approximately $2,586,623.21. This represents a 9.19% decrease in their position. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through this hyperlink. Also, Director Richard T. Hume sold 5,000 shares of the business's stock in a transaction on Monday, December 1st. The stock was sold at an average price of $152.11, for a total transaction of $760,550.00. Following the transaction, the director directly owned 52,515 shares of the company's stock, valued at approximately $7,988,056.65. This represents a 8.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 19,800 shares of company stock valued at $3,050,350 in the last three months. Company insiders own  1.00% of the company's stock. </p><h2>TD SYNNEX Company 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>Featured Stories</h2><ul><li>Five stocks we like better than TD SYNNEX</li><li>How to Invest in the FAANG Stocks</li><li>GameStop Looks Broken: Here’s Why GME Could Crash in 2026</li><li>How to Most Effectively Use the MarketBeat Earnings Screener</li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>How to Buy Gold Stock and Invest in Gold</li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li></ul><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 reporting and unbiased coverage. 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>Frontier Capital Management Co. LLC reduced its stake in TD SYNNEX Corporation by 7.9% in Q2, owning 312,591 shares worth $42.4 million. Other institutional investors adjusted their positions in SNX. Analysts have mixed ratings, with a consensus price target of $169.55. SNX stock rose 1.1% to $156.01, with a market cap of $12.71 billion. Q3 earnings exceeded expectations, with $3.58 EPS and $15.65 billion revenue. TD SYNNEX announced a dividend.</p>

TD SYNNEX Corporation $SNX Stake Reduced by Frontier Capital Management Co. LLC