Bank of New York Mellon Corp Has $394.02 Million Stake in Sysco Corporation $SYY

Bank of New York Mellon Corp cut its stake in shares of Sysco Corporation (NYSE:SYY) by 3.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,785,325 shares of the company’s stock after selling 158,280 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.00% of Sysco worth $394,024,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Federated Hermes Inc. boosted its position in Sysco by 2,664.6% in the third quarter. Federated Hermes Inc. now owns 58,305 shares of the company’s stock valued at $4,801,000 after buying an additional 56,196 shares in the last quarter. One Wealth Advisors LLC raised its stake in shares of Sysco by 110.1% in the third quarter. One Wealth Advisors LLC now owns 8,768 shares of the company’s stock valued at $722,000 after acquiring an additional 4,595 shares during the last quarter. Triton Financial Group Inc boosted its holdings in shares of Sysco by 1.4% in the 3rd quarter. Triton Financial Group Inc now owns 15,777 shares of the company’s stock worth $1,299,000 after acquiring an additional 214 shares in the last quarter. Bank of Jackson Hole Trust grew its position in Sysco by 15.0% during the 3rd quarter. Bank of Jackson Hole Trust now owns 3,346 shares of the company’s stock worth $276,000 after acquiring an additional 436 shares during the last quarter. Finally, Compass Wealth Management LLC boosted its stake in Sysco by 181.6% in the third quarter. Compass Wealth Management LLC now owns 13,135 shares of the company’s stock worth $1,082,000 after purchasing an additional 8,470 shares in the last quarter. Institutional investors own 83.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on SYY. Citigroup raised their price target on shares of Sysco from $81.00 to $88.00 and gave the company a “neutral” rating in a report on Wednesday. Sanford C. Bernstein set a $90.00 price objective on Sysco and gave the company a “market perform” rating in a research report on Wednesday. Barclays boosted their target price on Sysco from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Wednesday. Wall Street Zen cut Sysco from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Finally, Jefferies Financial Group lifted their price objective on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $89.38.

Trending Headlines about Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Sysco reported Q2 FY2026 EPS of $0.99, slightly above consensus, and management highlighted productivity initiatives and international growth as momentum drivers. Q2 2026 Earnings Call Transcript
• Positive Sentiment: Management raised FY2026 EPS guidance to $4.60, roughly in line with or slightly above street expectations (consensus ~4.58), giving investors clearer full-year earnings visibility. Q4/CY2025 Report
• Positive Sentiment: Several brokers raised price targets and ratings after the results (examples: Jefferies to $95, Truist to $94, Wells Fargo to $92, JPMorgan higher), signaling analyst confidence and supporting further upside. Analysts Raise Forecasts
• Positive Sentiment: Company said robust U.S. demand is lifting profitability and raised its annual profit outlook, a core positive for revenue mix and margin recovery. MSN: Profit Forecast
• Neutral Sentiment: Revenue of $20.76B was roughly in line with expectations but slightly below some estimates (~$20.80B); growth was positive year-over-year but not a clear upside surprise. Revenue In-Line Coverage
• Negative Sentiment: An executive (EVP Ronald L. Phillips) sold 5,601 shares at ~$81, reducing his stake by ~13.5% in that filing; insider sales can concern some investors even if not unusual. SEC Filing: Form 4

Sysco Trading Up 0.6%

Shares of NYSE SYY opened at $84.02 on Friday. The company has a quick ratio of 0.65, a current ratio of 1.30 and a debt-to-equity ratio of 5.45. Sysco Corporation has a twelve month low of $67.12 and a twelve month high of $85.33. The company’s fifty day moving average is $75.47 and its 200-day moving average is $77.86. The stock has a market cap of $40.23 billion, a price-to-earnings ratio of 22.58, a P/E/G ratio of 2.66 and a beta of 0.61.

Sysco (NYSE:SYY) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. Sysco had a return on equity of 109.21% and a net margin of 2.17%.The business had revenue of $20.76 billion for the quarter, compared to the consensus estimate of $20.80 billion. During the same quarter last year, the business posted $0.93 EPS. The firm’s 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. Equities research analysts predict that Sysco Corporation will post 4.58 EPS for the current year.

Sysco Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Friday, January 2nd were paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Friday, January 2nd. Sysco’s dividend payout ratio is presently 58.06%.

Insider Activity

In related news, EVP Ronald L. Phillips sold 5,601 shares of the firm’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $81.00, for a total transaction of $453,681.00. Following the sale, the executive vice president directly owned 35,965 shares in the company, valued at $2,913,165. This trade represents a 13.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.56% of the stock is owned by corporate insiders.

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.