Sysco Corporation $SYY Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC increased its holdings in shares of Sysco Corporation (NYSE:SYY) by 276.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,173 shares of the company’s stock after purchasing an additional 7,471 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Sysco were worth $838,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Chung Wu Investment Group LLC acquired a new stake in shares of Sysco in the second quarter worth $30,000. Darwin Wealth Management LLC purchased a new stake in Sysco during the 2nd quarter worth $31,000. Vermillion & White Wealth Management Group LLC increased its holdings in Sysco by 94.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 419 shares of the company’s stock valued at $32,000 after purchasing an additional 204 shares in the last quarter. Hantz Financial Services Inc. raised its position in Sysco by 234.3% in the second quarter. Hantz Financial Services Inc. now owns 458 shares of the company’s stock valued at $35,000 after purchasing an additional 321 shares during the period. Finally, 1248 Management LLC purchased a new position in Sysco in the first quarter valued at about $35,000. 83.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on SYY shares. Morgan Stanley set a $88.00 target price on Sysco in a research report on Tuesday, October 21st. Barclays boosted their price target on Sysco from $82.00 to $86.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Sanford C. Bernstein began coverage on shares of Sysco in a research report on Wednesday, October 22nd. They issued a “market perform” rating and a $83.00 price objective for the company. Citigroup reduced their target price on shares of Sysco from $86.00 to $82.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Sysco in a research note on Monday, December 8th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Sysco presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.92.

Sysco Stock Up 0.1%

SYY stock opened at $74.57 on Tuesday. The company has a market capitalization of $35.71 billion, a P/E ratio of 19.99, a PEG ratio of 2.45 and a beta of 0.61. The firm has a 50 day simple moving average of $75.55 and a 200-day simple moving average of $77.81. The company has a current ratio of 1.15, a quick ratio of 0.65 and a debt-to-equity ratio of 5.54. Sysco Corporation has a twelve month low of $67.12 and a twelve month high of $83.47.

Sysco (NYSE:SYY) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.03. The firm had revenue of $21.15 billion for the quarter, compared to the consensus estimate of $21.03 billion. Sysco had a net margin of 2.21% and a return on equity of 112.04%. The firm’s revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.09 EPS. Sysco has set its FY 2026 guidance at 4.500-4.600 EPS. On average, equities research analysts predict that Sysco Corporation will post 4.58 earnings per share for the current fiscal year.

Sysco Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Friday, January 2nd will be issued a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, January 2nd. Sysco’s payout ratio is currently 57.91%.

About Sysco

Sysco Corporation (NYSE: SYY) is a global foodservice distribution company that supplies a broad range of food and related products to restaurants, healthcare and educational facilities, lodging establishments, and other foodservice customers. Its core business is the procurement, warehousing and delivery of fresh, frozen and dry food products, complemented by non-food items such as paper goods, kitchen equipment, cleaning supplies and tabletop products. Sysco serves customers through an extensive network of distribution centers and dedicated delivery fleets, positioning itself as a one-stop supplier for operators of all sizes.

Founded in 1969 and headquartered in Houston, Texas, Sysco has grown through both organic expansion and acquisitions.