Sysco (NYSE:SYY) Stock Price Expected to Rise, Truist Financial Analyst Says

Sysco (NYSE:SYYGet Free Report) had its price objective lifted by equities researchers at Truist Financial from $90.00 to $94.00 in a report issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s target price suggests a potential upside of 11.88% from the company’s previous close.

Several other equities research analysts have also issued reports on the stock. UBS Group lifted their price target on shares of Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday. Citigroup raised their price objective on Sysco from $81.00 to $88.00 and gave the company a “neutral” rating in a report on Wednesday. Jefferies Financial Group upped their target price on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday. Barclays increased their price target on Sysco from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Wells Fargo & Company upped their price objective on Sysco from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Wednesday. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $89.38.

Check Out Our Latest Research Report on Sysco

Sysco Trading Up 0.6%

NYSE SYY opened at $84.02 on Wednesday. Sysco has a 52 week low of $67.12 and a 52 week high of $85.33. The company has a debt-to-equity ratio of 5.45, a quick ratio of 0.65 and a current ratio of 1.30. The stock’s 50 day moving average price is $75.47 and its two-hundred day moving average price is $77.86. The stock has a market capitalization of $40.23 billion, a price-to-earnings ratio of 22.58, a PEG ratio of 2.66 and a beta of 0.61.

Sysco (NYSE:SYYGet Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. The company had revenue of $20.76 billion during the quarter, compared to analysts’ expectations of $20.80 billion. Sysco had a net margin of 2.17% and a return on equity of 109.21%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period last year, the business earned $0.93 EPS. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. As a group, analysts anticipate that Sysco will post 4.58 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Ronald L. Phillips sold 5,601 shares of Sysco 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 completion of the transaction, the executive vice president directly owned 35,965 shares in the company, valued at approximately $2,913,165. The trade was a 13.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.56% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sysco

Several hedge funds have recently added to or reduced their stakes in the business. Kestra Private Wealth Services LLC lifted its holdings in Sysco by 9.1% during the 4th quarter. Kestra Private Wealth Services LLC now owns 35,649 shares of the company’s stock valued at $2,627,000 after purchasing an additional 2,984 shares during the last quarter. Pictet Asset Management Holding SA raised its position in shares of 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 purchasing an additional 467,077 shares during the period. Viewpoint Investment Partners Corp bought a new position in shares of Sysco in the fourth quarter valued at about $295,000. Sanctuary Advisors LLC lifted its stake in shares of Sysco by 5.1% during the 4th quarter. Sanctuary Advisors LLC now owns 70,668 shares of the company’s stock worth $5,208,000 after buying an additional 3,440 shares during the last quarter. Finally, Golden State Equity Partners bought a new stake in shares of Sysco during the 4th quarter worth about $465,000. Institutional investors and hedge funds own 83.41% of the company’s stock.

Sysco News Roundup

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

About Sysco

(Get Free Report)

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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Analyst Recommendations for Sysco (NYSE:SYY)

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