TD Synnex (SNX)

• Market cap: $9.95B
• 1 day: -0.50%
• 5 days: -4.84%
• 1 month: 0.76%
• 3 months: -0.96%
• 6 months: -10.83%
• Year to date: 10.15%
• 1 year: 9.96%
• 5 years: 80.68%
• 10 years: 213.24%
• Sector: Industrials
• Industry: Computers & Peripheral Equipment & Software

About: TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and datacenter infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include, the Americas, Europe, and APJ.

Employees: 28,500

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

12% more call options, than puts

Call options by funds: $28.9M | Put options by funds: $25.8M

3% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 66

2% more repeat investments, than reductions

Existing positions increased: 172 | Existing positions reduced: 168

0% more funds holding

Funds holding: 476 [Q2] → 478 (+2) [Q3]

1% less capital invested

Capital invested by funds: $8.65B [Q2] → $8.53B (-$124M) [Q3]

2.89% less ownership

Funds ownership: 86.04% [Q2] → 83.15% (-2.89%) [Q3]

25% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 6 (-2) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $132 13% upside
• Avg. target: $140 20% upside
• High target: $150 28% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Loop Capital Ananda Baruah 57% 1-year accuracy 17 / 30 met price target	28% upside $150	Buy Reiterated	7 Oct 2024
Barclays Tim Long 54% 1-year accuracy 29 / 54 met price target	13% upside $132	Equal-Weight Maintained	27 Sept 2024
Barrington Research Vincent Colicchio 59% 1-year accuracy 44 / 74 met price target	18% upside $138	Outperform Maintained	27 Sept 2024
RBC Capital Ashish Sabadra 65% 1-year accuracy 34 / 52 met price target	20% upside $140	Outperform Reiterated	27 Sept 2024