TD SYNNEX Corporation sees shifts in institutional holdings and analyst ratings

Institutional investors have recently adjusted their positions in TD SYNNEX Corporation, according to recent SEC filings. Royal Bank of Canada reduced its holdings by 11.9% in the first quarter, selling 8,042 shares and maintaining a stake of 59,430 shares valued at approximately $10,026,000.

Other significant movements include Revolve Wealth Partners LLC acquiring a new position of 4,217 shares valued at roughly $1,127,000 during the second quarter. Goldman Sachs Group Inc. increased its stake by 5.8% to 179,210 shares, while UBS AM increased its position by 6.6% to 204,172 shares. Institutional investors currently own 84% of the company's stock.

Wall Street analysts have also issued updated ratings and price targets for the business services provider. JPMorgan Chase & Co. upgraded the stock to 'overweight' with a $298.00 target, while Barrington Research raised its price objective from $202.00 to $325.00. Royal Bank of Canada set a price target of $340.00, and UBS Group increased its target to $352.00.