Morgan Stanley Issues Positive Forecast for TD SYNNEX (NYSE:SNX) Stock Price

21 Mar 2026, 05:36 by Jessica Moore · The Cerbat Gem

TD SYNNEX (NYSE:SNX – Free Report) had its price target raised by Morgan Stanley from $172.00 to $174.00 in a research note released on Friday morning,Benzinga reports. They currently have an overweight rating on the business services provider’s stock.

SNX has been the topic of a number of other reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of TD SYNNEX in a report on Wednesday, January 21st. Barrington Research restated an “outperform” rating and set a $182.00 target price on shares of TD SYNNEX in a report on Friday, January 9th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of TD SYNNEX in a research report on Monday, December 22nd. The Goldman Sachs Group started coverage on shares of TD SYNNEX in a research note on Tuesday, January 13th. They issued a “buy” rating and a $180.00 price target on the stock. Finally, Barclays cut their price target on shares of TD SYNNEX from $164.00 to $163.00 and set an “equal weight” rating on the stock in a research report on Friday, January 9th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, TD SYNNEX presently has a consensus rating of “Moderate Buy” and an average target price of $170.82.

View Our Latest Analysis on SNX

TD SYNNEX Stock Down 1.6%

NYSE:SNX opened at $152.81 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.75 and a current ratio of 1.21. The company has a market cap of $12.32 billion, a PE ratio of 15.33, a PEG ratio of 1.12 and a beta of 1.37. TD SYNNEX has a 52-week low of $92.23 and a 52-week high of $175.56. The stock has a 50-day simple moving average of $157.66 and a 200 day simple moving average of $154.66.

TD SYNNEX (NYSE:SNX – Get Free Report) last announced its earnings results on Thursday, January 8th. The business services provider reported $3.83 earnings per share (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%.TD SYNNEX’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm earned $3.09 EPS. TD SYNNEX has set its Q1 2026 guidance at 3.000-3.500 EPS. On average, sell-side analysts expect that TD SYNNEX will post 11.88 EPS for the current fiscal year.

TD SYNNEX Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Friday, January 16th were paid a $0.48 dividend. This is a boost from TD SYNNEX’s previous quarterly dividend of $0.44. This represents a $1.92 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, January 16th. TD SYNNEX’s dividend payout ratio (DPR) is 19.26%.

Insider Buying and Selling

In other news, Director Merline Saintil sold 167 shares of TD SYNNEX stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $157.75, for a total value of $26,344.25. Following the completion of the transaction, the director owned 6,995 shares of the company’s stock, valued at $1,103,461.25. This trade represents a 2.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard T. Hume sold 25,000 shares of the business’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $160.67, for a total transaction of $4,016,750.00. Following the transaction, the director owned 47,515 shares in the company, valued at $7,634,235.05. This represents a 34.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 80,915 shares of company stock worth $13,111,786. Insiders own 0.70% of the company’s stock.

Institutional Investors Weigh In On TD SYNNEX

Several hedge funds have recently bought and sold shares of SNX. Dorato Capital Management acquired a new position in TD SYNNEX during the fourth quarter worth approximately $27,000. Ossiam lifted its position in shares of TD SYNNEX by 84.3% in the third quarter. Ossiam now owns 164 shares of the business services provider’s stock valued at $27,000 after buying an additional 75 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of TD SYNNEX in the fourth quarter valued at approximately $28,000. Measured Wealth Private Client Group LLC bought a new position in shares of TD SYNNEX during the 3rd quarter worth approximately $30,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of TD SYNNEX during the 4th quarter worth approximately $32,000. 84.00% of the stock is currently owned by institutional investors and hedge funds.

About TD SYNNEX

(Get Free Report)

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.