Barrington Research Reiterates Buy Rating on TD SYNNEX

Barrington Research has reiterated its buy rating on TD SYNNEX Corporation (NYSE: SNX) as of June 16, 2026. The firm set a price target of $202 for the company's stock, which is currently trading around $284.65.

Other Institutional Activity in TD SYNNEX

Several other investment firms have also been active in TD SYNNEX. BlackRock, Inc. added 92,605 shares, bringing its total to 7,291,767 shares worth approximately $1.23 billion. FMR LLC increased its holdings by 651,671 shares, totaling 5,561,264 shares valued at about $938.24 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both established sizable positions, with 4,158,696 and 3,282,979 shares respectively. Meanwhile, Brave Warrior Advisors, LLC reduced its stake by 109,595 shares, leaving it with 3,053,644 shares valued at $515.18 million.

TD SYNNEX Stock Snapshot

Shares of TD SYNNEX (NYSE: SNX) traded near $284.65. The company boasts a market cap of $22.95 billion and a P/E ratio of 23.7, with a forward P/E of 14.93. Its beta is 1.436, indicating a higher volatility compared to the market. The stock has seen a 52-week range between $123.28 and $286.99, with a 50-day moving average of $235.48 and a 200-day moving average of $175.40.

Recent Earnings

TD SYNNEX reported revenues of $65.14 billion, reflecting a growth rate of 18.1%. The company achieved an EPS of $12.01, with a net margin of 1.51% and a return on equity of 11.73%. The next earnings report is expected on June 25, 2026.

Dividend

The company offers an annual dividend rate of $1.92, yielding 0.67% with a payout ratio of 14.99%. The ex-dividend date was not specified.

Insider Buying and Selling at TD SYNNEX Corporation

Several insiders have been selling shares recently. Richard Hume sold 5,000 shares on June 2, 2026, at an average price of $280.38 under a planned sale. He also sold another 5,000 shares on May 18, 2026, at $229.54. Dennis Polk, Chair of Hyve Solutions, sold 2,500 shares on May 15, 2026, at $230.37, also as a planned transaction. Merline Saintil sold 4,368 shares at $229.26 on May 4, 2026, without a planned sale.

Analysts Set New Price Targets

On June 16, 2026, Barrington Research maintained its buy rating on TD SYNNEX with a $202 price target. Other firms like Goldman Sachs and RBC Capital also reiterated buy ratings with price targets of $300 and $315, respectively. The consensus among 11 analysts is a buy rating, with an average target price of $265.09.

About TD SYNNEX

TD SYNNEX Corporation is a leading distributor and solutions provider in the IT industry, serving markets globally. The company, headquartered in Fremont, California, offers a wide range of technology products and services, including data center technologies, cloud services, and IT logistics. Led by CEO Patrick Zammit, TD SYNNEX employs around 24,000 people.

Bottom Line

Barrington Research's maintained buy rating for TD SYNNEX reflects confidence in the company's market position. Investors often track these ratings for insights, though it's important to remember that these are backward-looking assessments. As always, market conditions and company performance can change.