Symbotic Inc. $SYM Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its stake in shares of Symbotic Inc. (NASDAQ:SYM) by 0.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 551,216 shares of the company’s stock after purchasing an additional 4,892 shares during the quarter. Geode Capital Management LLC owned 0.09% of Symbotic worth $21,419,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SYM. Private Trust Co. NA lifted its stake in shares of Symbotic by 10.0% in the 2nd quarter. Private Trust Co. NA now owns 2,200 shares of the company’s stock worth $85,000 after acquiring an additional 200 shares during the period. Farther Finance Advisors LLC raised its holdings in Symbotic by 24.0% during the second quarter. Farther Finance Advisors LLC now owns 1,765 shares of the company’s stock worth $69,000 after purchasing an additional 342 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Symbotic by 7.1% in the second quarter. PNC Financial Services Group Inc. now owns 6,354 shares of the company’s stock valued at $247,000 after purchasing an additional 422 shares during the period. Swiss National Bank boosted its holdings in Symbotic by 0.9% in the 1st quarter. Swiss National Bank now owns 82,400 shares of the company’s stock valued at $1,665,000 after purchasing an additional 700 shares in the last quarter. Finally, Ulland Investment Advisors LLC increased its position in Symbotic by 45.9% during the 2nd quarter. Ulland Investment Advisors LLC now owns 2,225 shares of the company’s stock worth $86,000 after purchasing an additional 700 shares during the period.

Symbotic Stock Down 3.7%

Shares of SYM stock opened at $84.08 on Friday. Symbotic Inc. has a fifty-two week low of $16.32 and a fifty-two week high of $87.88. The stock has a market cap of $49.65 billion, a P/E ratio of -560.50, a P/E/G ratio of 14.70 and a beta of 2.10. The business has a fifty day simple moving average of $66.60 and a 200-day simple moving average of $51.22.

Symbotic (NASDAQ:SYM) last released its quarterly earnings data on Monday, November 24th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.08 by ($0.11). The business had revenue of $618.46 million during the quarter, compared to analysts’ expectations of $604.00 million. Symbotic had a negative return on equity of 3.89% and a negative net margin of 0.75%.Symbotic’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.47 earnings per share. Symbotic has set its Q1 2026 guidance at EPS. On average, sell-side analysts anticipate that Symbotic Inc. will post 0.13 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on SYM shares. Deutsche Bank Aktiengesellschaft raised their price target on Symbotic from $55.00 to $63.00 and gave the company a “hold” rating in a report on Tuesday, November 25th. Oppenheimer reissued an “outperform” rating and issued a $83.00 target price on shares of Symbotic in a report on Tuesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Symbotic in a research note on Wednesday, October 8th. Northland Securities increased their price target on shares of Symbotic from $56.00 to $70.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Citigroup raised their price objective on shares of Symbotic from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday. Five research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $54.13.

Insider Buying and Selling at Symbotic

In other news, insider Maria G. Freve sold 1,666 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $58.18, for a total transaction of $96,927.88. Following the completion of the transaction, the insider directly owned 544 shares of the company’s stock, valued at $31,649.92. This trade represents a 75.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Todd Krasnow sold 4,000 shares of Symbotic stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $76.75, for a total value of $307,000.00. The disclosure for this sale is available in the SEC filing. Insiders sold 68,160 shares of company stock worth $4,761,942 over the last ninety days. 0.60% of the stock is currently owned by company insiders.

Symbotic Profile

Symbotic Inc, an automation technology company, engages in developing technologies to improve operating efficiencies in modern warehouses. The company automates the processing of pallets and cases in large warehouses or distribution centers for retail companies. Its systems enhance operations at the front end of the supply chain.