JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Sysco (NYSE:SYY) Stock

Sysco (NYSE:SYY) had its target price increased by equities research analysts at JPMorgan Chase & Co. from $85.00 to $87.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 3.55% from the stock’s current price.

SYY has been the topic of several other reports. Sanford C. Bernstein assumed coverage on shares of Sysco in a research note on Wednesday, October 22nd. They set a “market perform” rating and a $83.00 target price on the stock. Piper Sandler raised their target price on Sysco from $80.00 to $83.00 and gave the company a “neutral” rating in a research note on Wednesday. Jefferies Financial Group upped their price target on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday. Barclays increased their price target on Sysco from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Wall Street Zen downgraded Sysco from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $89.38.

Sysco Stock Up 0.6%

Shares of Sysco stock opened at $84.02 on Wednesday. The stock’s 50-day moving average is $75.47 and its 200 day moving average is $77.86. Sysco has a one year low of $67.12 and a one year high of $85.33. The firm has a market cap of $40.23 billion, a price-to-earnings ratio of 22.58, a PEG ratio of 2.66 and a beta of 0.61. The company has a debt-to-equity ratio of 5.45, a current ratio of 1.30 and a quick ratio of 0.65.

Sysco (NYSE:SYY) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm had revenue of $20.76 billion for the quarter, compared to analyst estimates of $20.80 billion. Sysco had a return on equity of 109.21% and a net margin of 2.17%.The company’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.93 earnings per share. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. Equities research analysts anticipate that Sysco will post 4.58 EPS for the current year.

Insider Transactions at Sysco

In related news, EVP Ronald L. Phillips sold 5,601 shares of the company’s 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 owned 35,965 shares in the company, valued at approximately $2,913,165. This represents a 13.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.56% of the company’s stock.

Institutional Trading of Sysco

Several institutional investors have recently made changes to their positions in SYY. Jackson Grant Investment Advisers Inc. purchased a new position in Sysco during the third quarter worth about $25,000. Harbor Capital Advisors Inc. boosted its stake in shares of Sysco by 75.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 315 shares of the company’s stock worth $26,000 after buying an additional 135 shares during the last quarter. Chung Wu Investment Group LLC bought a new position in shares of Sysco in the second quarter valued at approximately $30,000. Peterson Wealth Services increased its position in shares of Sysco by 875.7% during the third quarter. Peterson Wealth Services now owns 361 shares of the company’s stock valued at $30,000 after acquiring an additional 324 shares during the last quarter. Finally, Marquette Asset Management LLC lifted its holdings in Sysco by 367.4% during the fourth quarter. Marquette Asset Management LLC now owns 402 shares of the company’s stock worth $30,000 after acquiring an additional 316 shares during the period. Institutional investors own 83.41% of the company’s stock.

Sysco News Summary

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

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.