Sysco (NYSE:SYY – Get Free Report) had its price objective boosted by research analysts at Jefferies Financial Group from $90.00 to $95.00 in a research note issued on Wednesday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 13.07% from the company’s current price.
A number of other research analysts have also weighed in on SYY. Sanford C. Bernstein began coverage on shares of Sysco in a research note on Wednesday, October 22nd. They issued a “market perform” rating and a $83.00 price target on the stock. Barclays boosted their price objective on shares of Sysco from $88.00 to $92.00 and gave the company 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. Weiss Ratings restated a “hold (c+)” rating on shares of Sysco in a report on Monday, December 29th. Finally, Morgan Stanley reduced 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. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $89.38.
Read Our Latest Research Report on SYY
Sysco Stock Performance
Sysco (NYSE:SYY – Get Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The company reported $0.99 earnings per share (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 company had revenue of $20.76 billion during the quarter, compared to the consensus estimate of $20.80 billion. During the same period in the prior year, the company earned $0.93 earnings per share. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. On average, research analysts predict that Sysco will post 4.58 EPS for the current year.
Insider Buying and Selling at Sysco
In other news, EVP Ronald L. Phillips sold 5,601 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $81.00, for a total transaction of $453,681.00. Following the sale, the executive vice president owned 35,965 shares in the company, valued at $2,913,165. This represents a 13.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.56% of the stock is owned by company insiders.
Institutional Trading of Sysco
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC grew its position in shares of Sysco by 9.1% in the 4th quarter. Kestra Private Wealth Services LLC now owns 35,649 shares of the company’s stock valued at $2,627,000 after acquiring an additional 2,984 shares during the period. Pictet Asset Management Holding SA raised its stake in Sysco by 68.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 1,148,025 shares of the company’s stock valued at $84,599,000 after buying an additional 467,077 shares during the period. Viewpoint Investment Partners Corp bought a new stake in Sysco in the fourth quarter valued at approximately $295,000. Sanctuary Advisors LLC lifted its position in shares of Sysco by 5.1% in the fourth quarter. Sanctuary Advisors LLC now owns 70,668 shares of the company’s stock valued at $5,208,000 after buying an additional 3,440 shares during the last quarter. Finally, Golden State Equity Partners bought a new position in shares of Sysco during the 4th quarter worth approximately $465,000. 83.41% of the stock is owned by institutional investors.
More Sysco News
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 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.
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