Wells Fargo & Company Forecasts Strong Price Appreciation for Sysco (NYSE:SYY) Stock

Sysco (NYSE:SYY) had its target price boosted by research analysts at Wells Fargo & Company from $88.00 to $92.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential upside of 9.50% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Guggenheim raised their target price on shares of Sysco from $87.00 to $89.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. raised their price objective on shares of Sysco from $85.00 to $87.00 and gave the stock an “overweight” rating in a report on Wednesday. Jefferies Financial Group lifted their price objective on Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday. Citigroup increased their target price on Sysco from $81.00 to $88.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Sysco in a research report on Monday, December 29th. Nine investment 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $89.38.

Sysco Trading Up 0.6%

NYSE SYY opened at $84.02 on Wednesday. The stock has a market cap of $40.23 billion, a P/E ratio of 22.58, a price-to-earnings-growth ratio of 2.66 and a beta of 0.61. Sysco has a fifty-two week low of $67.12 and a fifty-two week high of $85.33. The stock has a 50 day simple moving average of $75.47 and a two-hundred day simple moving average of $77.86. The company has a debt-to-equity ratio of 5.45, a quick ratio of 0.65 and a current ratio of 1.30.

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

Insider Buying and Selling at Sysco

In related news, EVP Ronald L. Phillips sold 5,601 shares of the firm’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 completion of the transaction, the executive vice president owned 35,965 shares of the company’s stock, valued at $2,913,165. This trade represents a 13.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.56% of the stock is owned by insiders.

Institutional Investors Weigh In On Sysco

Institutional investors have recently modified their holdings of the stock. 1620 Investment Advisors Inc. raised its position in shares of Sysco by 2.6% in the 3rd quarter. 1620 Investment Advisors Inc. now owns 4,904 shares of the company’s stock worth $404,000 after purchasing an additional 126 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in Sysco by 0.3% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 40,852 shares of the company’s stock worth $3,364,000 after buying an additional 130 shares during the last quarter. Facet Wealth Inc. raised its holdings in Sysco by 1.2% in the second quarter. Facet Wealth Inc. now owns 10,671 shares of the company’s stock worth $849,000 after buying an additional 131 shares during the last quarter. Ellis Investment Partners LLC lifted its stake in shares of Sysco by 4.9% in the second quarter. Ellis Investment Partners LLC now owns 2,820 shares of the company’s stock worth $214,000 after buying an additional 133 shares in the last quarter. Finally, Silver Oak Securities Incorporated grew its holdings in shares of Sysco by 4.0% during the third quarter. Silver Oak Securities Incorporated now owns 3,493 shares of the company’s stock valued at $288,000 after buying an additional 134 shares during the last quarter. 83.41% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Sysco

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.