Sysco (NYSE:SYY) Reaches New 1-Year High Following Strong Earnings

Sysco Corporation (NYSE:SYY) shares hit a new 52-week high during mid-day trading on Wednesday following a stronger than expected earnings report. The stock traded as high as $83.96 and last traded at $83.9120, with a volume of 11003524 shares. The stock had previously closed at $75.63.

The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. Sysco had a net margin of 2.21% and a return on equity of 112.04%. The business had revenue of $20.76 billion during the quarter, compared to analyst estimates of $20.80 billion. During the same quarter in the previous year, the business posted $0.93 EPS. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS.

Sysco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Stockholders of record on Friday, January 2nd were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Friday, January 2nd. Sysco’s dividend payout ratio (DPR) is currently 57.91%.

Key Sysco News

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Raised full‑year guidance to $4.60 and said it expects to hit the high end of its prior range — a clear signal management is confident in H2 revenue/margin trends. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Adjusted EPS/adjusted EBITDA and adjusted operating income rose (adjusted EPS $0.99), and management highlighted margin strength despite higher food costs — supports better earnings power. SYY Q2 Earnings Top Estimates on Margin Strength & Local Volume Growth
• Positive Sentiment: U.S. local volumes improved and international growth strengthened; management sees accelerating growth in the second half of fiscal 2026 — a demand recovery narrative investors like. Why Sysco Stock Surged Today
• Neutral Sentiment: Revenue grew modestly (≈+3% YoY), showing steady but not breakout top‑line momentum. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Neutral Sentiment: Some data feeds flagged differences between GAAP and adjusted figures (adjusted EPS beat while GAAP diluted EPS was lower), so headline “beat/miss” takes depend on which metric you use. Sysco Releases Q2 2026 Earnings: Revenue Up 3% but EPS Misses Estimates
• Negative Sentiment: GAAP operating income and net income fell year‑over‑year and GAAP EPS declined (reported GAAP EPS lower than adjusted), highlighting near‑term profit volatility. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Negative Sentiment: Analysts caution macro headwinds (higher labor/compensation and uneven restaurant traffic) and some say the stock is near fair value, which could limit upside absent stronger demand. Sysco: No Rush To Buy This Dividend Champion

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Piper Sandler dropped their target price on shares of Sysco from $81.00 to $80.00 and set a “neutral” rating for the company in a report on Friday, December 12th. Barclays increased their price objective on Sysco from $86.00 to $88.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Sanford C. Bernstein assumed coverage on Sysco in a research report on Wednesday, October 22nd. They set a “market perform” rating and a $83.00 target price on the stock. Morgan Stanley decreased their price objective on Sysco from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. Finally, Citigroup reduced their price objective on shares of Sysco from $82.00 to $81.00 and set a “neutral” rating for the company in a research report on Wednesday, January 7th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $85.75.

Institutional Trading of Sysco

Institutional investors and hedge funds have recently made changes to their positions in the stock. Family Capital Management Inc. increased its stake in Sysco by 17.8% during the 4th quarter. Family Capital Management Inc. now owns 4,412 shares of the company’s stock valued at $325,000 after buying an additional 668 shares during the period. SageGuard Financial Group LLC acquired a new stake in shares of Sysco during the fourth quarter valued at approximately $352,000. Evergreen Capital Management LLC boosted its position in shares of Sysco by 8.1% in the fourth quarter. Evergreen Capital Management LLC now owns 9,968 shares of the company’s stock worth $735,000 after buying an additional 744 shares during the period. Busey Bank boosted its holdings in shares of Sysco by 1.1% during the fourth quarter. Busey Bank now owns 34,585 shares of the company’s stock worth $2,549,000 after purchasing an additional 391 shares during the period. Finally, Revisor Wealth Management LLC raised its holdings in shares of Sysco by 54.1% during the fourth quarter. Revisor Wealth Management LLC now owns 19,042 shares of the company’s stock worth $1,444,000 after acquiring an additional 6,687 shares in the last quarter. 83.41% of the stock is currently owned by institutional investors and hedge funds.

Sysco Trading Up 11.0%

The firm has a market cap of $40.18 billion, a P/E ratio of 22.50, a PEG ratio of 2.49 and a beta of 0.61. The company has a 50 day moving average of $75.14 and a 200 day moving average of $77.78. The company has a debt-to-equity ratio of 5.54, a quick ratio of 0.65 and a current ratio of 1.15.

Sysco Company Profile

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.