BI Asset Management Fondsmaeglerselskab A S Boosts Stake in Sysco Corporation $SYY

BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of Sysco Corporation (NYSE:SYY) by 12.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 285,717 shares of the company’s stock after buying an additional 32,187 shares during the period. BI Asset Management Fondsmaeglerselskab A S owned approximately 0.06% of Sysco worth $23,526,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of Sysco by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 62,691,177 shares of the company’s stock worth $4,748,230,000 after purchasing an additional 1,226,381 shares in the last quarter. Geode Capital Management LLC increased its position in Sysco by 1.5% in the second quarter. Geode Capital Management LLC now owns 12,551,872 shares of the company’s stock worth $946,694,000 after buying an additional 183,179 shares in the last quarter. Norges Bank bought a new position in shares of Sysco in the second quarter worth about $493,686,000. Charles Schwab Investment Management Inc. lifted its position in shares of Sysco by 0.9% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,131,931 shares of the company’s stock valued at $237,212,000 after buying an additional 27,693 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Sysco by 12.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,639,931 shares of the company’s stock valued at $201,076,000 after acquiring an additional 283,706 shares during the period. Institutional investors own 83.41% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Argus upgraded shares of Sysco to a “hold” rating in a research report on Thursday, January 29th. Weiss Ratings restated a “hold (c+)” rating on shares of Sysco in a research note on Monday, December 29th. Morgan Stanley cut their price target on Sysco from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Jefferies Financial Group boosted their price objective on Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Finally, Guggenheim upped their price objective on Sysco from $89.00 to $91.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Nine analysts have rated the stock with a Buy rating and six have issued 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 target price of $89.38.

Insider Activity at Sysco

In other Sysco news, EVP Ronald L. Phillips sold 5,601 shares of Sysco stock in a transaction 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 sale, the executive vice president directly owned 35,965 shares of the company’s stock, valued at $2,913,165. The trade was a 13.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sheila Talton sold 2,801 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $82.99, for a total value of $232,454.99. Following the transaction, the director owned 12,868 shares in the company, valued at approximately $1,067,915.32. This represents a 17.88% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.56% of the stock is owned by corporate insiders.

Sysco Trading Down 0.0%

SYY opened at $84.60 on Thursday. The stock has a 50-day moving average of $76.12 and a 200 day moving average of $78.04. The company has a current ratio of 1.30, a quick ratio of 0.75 and a debt-to-equity ratio of 5.45. Sysco Corporation has a 12 month low of $67.12 and a 12 month high of $85.58. The firm has a market cap of $40.52 billion, a P/E ratio of 22.74, a P/E/G ratio of 2.63 and a beta of 0.61.

Sysco (NYSE:SYY) last posted 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 net margin of 2.17% and a return on equity of 109.21%. The company had revenue of $20.76 billion during the quarter, compared to analyst estimates of $20.80 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. Sysco’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. As a group, research analysts forecast that Sysco Corporation will post 4.58 EPS for the current year.

Sysco Announces Dividend

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

Key Stories Impacting Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: High‑profile endorsement and rally: Jim Cramer called Sysco “cheap” and said the business is improving; the stock jumped sharply after the earnings release, reflecting renewed investor optimism. Jim Cramer on Sysco: “The Business Is Clearly Doing Better Than People Thought”
• Positive Sentiment: Analyst/industry support: Zacks lists SYY among food stocks positioned to grow via brand strength and disciplined cost management — a bullish signal for medium‑term fundamentals. 4 Miscellaneous Food Stocks Poised for Growth in a Difficult Market
• Positive Sentiment: Investor outreach planned: Sysco will webcast a presentation at the CAGNY 2026 Conference (Feb 17), offering management a forum to elaborate on margins, pricing and growth plans — typically supportive for sentiment. Sysco to Webcast Presentation at the CAGNY 2026 Conference
• Neutral Sentiment: Rating unchanged: Argus Research maintained a Hold rating on SYY, signaling no immediate analyst upgrade despite recent positives — neutral for near‑term momentum. Argus Research Keeps Their Hold Rating on Sysco (SYY)
• Neutral Sentiment: Analyst call prep/coverage: Coverage pieces summarizing top analyst questions for Sysco’s Q4 call may influence short‑term flows but are informational rather than catalytic. Sysco’s Q4 Earnings Call: Our Top 5 Analyst Questions
• Negative Sentiment: Insider selling: Director Sheila Talton sold 2,801 shares at an average $82.99 (≈$232.5k), reducing her stake ~17.9% — an event investors often view as a mild negative signal on near‑term insider conviction. Insider trade: Sheila Talton sold Sysco shares
• Negative Sentiment: Macro/industry concerns: Coverage highlighting investor worry about restaurant traffic and consumer weakness is pressuring sentiment and could constrain top‑line growth if trends persist. Sysco Corporation (SYY) Declined on Investor Worry About the Restaurant Macro Environment, Consumer Weakness

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.