Sysco (SYY) Expected to Announce Quarterly Earnings on Tuesday

Sysco (NYSE:SYY) is anticipated to announce its Q3 2026 results before the market opens on Tuesday, April 28th. Analysts expect the company to announce earnings of $0.95 per share and revenue of $20.5620 billion for the quarter. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. Investors may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Tuesday, April 28, 2026 at 10:00 AM ET.

Sysco (NYSE:SYY) last announced its 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. Sysco had a return on equity of 109.21% and a net margin of 2.17%.The firm had revenue of $20.76 billion for the quarter, compared to the consensus estimate of $20.80 billion. During the same period in the previous year, the business earned $0.93 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, analysts expect Sysco to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Sysco Stock Up 1.0%

Shares of SYY stock opened at $76.59 on Friday. The company has a debt-to-equity ratio of 5.45, a current ratio of 1.30 and a quick ratio of 0.75. The stock’s fifty day moving average price is $81.19 and its 200 day moving average price is $78.53. The company has a market cap of $36.68 billion, a price-to-earnings ratio of 20.59, a price-to-earnings-growth ratio of 2.74 and a beta of 0.69. Sysco has a 1-year low of $68.00 and a 1-year high of $91.85.

Sysco Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Thursday, July 2nd will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, July 2nd. This is a boost from Sysco’s previous quarterly dividend of $0.54. Sysco’s dividend payout ratio (DPR) is presently 59.14%.

Insider Transactions at Sysco

In related news, EVP Ronald L. Phillips sold 5,601 shares of the company’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $81.00, for a total value of $453,681.00. Following the completion of the transaction, the executive vice president owned 35,965 shares of the company’s stock, valued at approximately $2,913,165. This represents a 13.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sheila Talton sold 2,801 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $82.99, for a total value of $232,454.99. Following the completion of the transaction, the director directly owned 12,868 shares of the company’s stock, valued at $1,067,915.32. The trade was a 17.88% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Sysco

Large investors have recently bought and sold shares of the business. Corient Private Wealth LLC raised its holdings in shares of Sysco by 1.7% during the fourth quarter. Corient Private Wealth LLC now owns 193,688 shares of the company’s stock valued at $13,847,000 after acquiring an additional 3,170 shares during the last quarter. Alberta Investment Management Corp acquired a new position in shares of Sysco during the fourth quarter valued at approximately $5,151,000. Mercer Global Advisors Inc. ADV raised its holdings in shares of Sysco by 93.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 108,393 shares of the company’s stock valued at $7,725,000 after acquiring an additional 52,319 shares during the last quarter. Summit Global Investments acquired a new position in shares of Sysco during the fourth quarter valued at approximately $1,552,000. Finally, Beacon Pointe Advisors LLC raised its holdings in shares of Sysco by 9.5% during the fourth quarter. Beacon Pointe Advisors LLC now owns 17,844 shares of the company’s stock valued at $1,315,000 after acquiring an additional 1,544 shares during the last quarter. Institutional investors and hedge funds own 83.41% of the company’s stock.

Analyst Ratings Changes

SYY has been the topic of several research analyst reports. Guggenheim dropped their price target on Sysco from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. BMO Capital Markets reiterated an “outperform” rating on shares of Sysco in a research note on Wednesday, January 28th. Piper Sandler dropped their price target on Sysco from $83.00 to $77.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. UBS Group dropped their price target on Sysco from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, Argus upgraded Sysco to a “hold” rating in a research note on Thursday, January 29th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.85.

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.