Sysco (NYSE:SYY) Price Target Lowered to $90.00 at Guggenheim

Sysco (NYSE:SYY) had its price objective trimmed by Guggenheim from $95.00 to $90.00 in a research report released on Thursday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Other equities research analysts have also issued research reports about the stock. Wall Street Zen lowered shares of Sysco from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. UBS Group increased their price objective on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Wells Fargo & Company lifted their price objective on Sysco from $92.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Jefferies Financial Group boosted their target price on Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Finally, Truist Financial raised their price target on Sysco from $90.00 to $94.00 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 given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $88.31.

Sysco Stock Down 1.6%

Shares of Sysco stock opened at $71.04 on Thursday. Sysco has a 12-month low of $67.12 and a 12-month high of $91.85. The firm has a market capitalization of $34.02 billion, a PE ratio of 19.10, a price-to-earnings-growth ratio of 2.60 and a beta of 0.69. The company has a quick ratio of 0.75, a current ratio of 1.30 and a debt-to-equity ratio of 5.45. The stock’s fifty day moving average is $84.42 and its 200-day moving average is $79.36.

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

Sysco Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Thursday, April 2nd will be given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, April 2nd. Sysco’s payout ratio is currently 58.06%.

Insider Buying and Selling at Sysco

In other Sysco news, EVP Ronald L. Phillips sold 5,601 shares of the firm’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $81.00, for a total value of $453,681.00. Following the sale, the executive vice president directly owned 35,965 shares in the company, valued at $2,913,165. This trade represents a 13.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Sheila Talton sold 2,801 shares of Sysco 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 sale, the director directly owned 12,868 shares in the company, valued at approximately $1,067,915.32. This trade represents a 17.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SYY. Intech Investment Management LLC raised its stake in shares of Sysco by 53.1% in the first quarter. Intech Investment Management LLC now owns 22,310 shares of the company’s stock valued at $1,674,000 after acquiring an additional 7,742 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in Sysco by 24.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 10,310 shares of the company’s stock valued at $781,000 after purchasing an additional 2,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Sysco by 0.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 56,260 shares of the company’s stock valued at $4,261,000 after purchasing an additional 307 shares in the last quarter. Panagora Asset Management Inc. raised its position in Sysco by 106.3% in the 2nd quarter. Panagora Asset Management Inc. now owns 11,896 shares of the company’s stock valued at $901,000 after purchasing an additional 6,129 shares during the last quarter. Finally, Edgestream Partners L.P. boosted its stake in Sysco by 79.0% in the second quarter. Edgestream Partners L.P. now owns 39,216 shares of the company’s stock worth $2,970,000 after purchasing an additional 17,312 shares in the last quarter. 83.41% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Several sell‑side firms kept “buy” ratings and still see meaningful upside despite trimming price targets, suggesting institutional conviction that the deal can create value. UBS/Guggenheim price target updates (Benzinga)
• Positive Sentiment: Unusually heavy call‑option activity points to some investors betting on a rebound, indicating pockets of bullish positioning that could support the stock if sentiment stabilizes. Stock Traders Purchase High Volume of Call Options on Sysco
• Positive Sentiment: Some analysts and commentators argue the Jetro acquisition is strategically attractive — faster growth and higher margins — framing the deal as a long‑term positive if integration and leverage are managed. Sysco: Jetro Restaurant Depot Acquisition Is A Long-Term Win
• Neutral Sentiment: Multiple articles note SYY is deeply oversold after the drop and frame the pullback as a potential “buy the dip” opportunity — useful for value traders but dependent on deal and credit outcomes. Sysco and Estée Lauder Are the 2 Most Oversold S&P 500 Stocks
• Neutral Sentiment: Coverage is mixed: some outlets urge reconsideration after the slide while others highlight analyst disagreement — expect divergent views to persist until more integration and financing details are provided. Analysts Conflicted on These Consumer Goods Names
• Negative Sentiment: The $29.1B Jetro purchase is the primary driver of today’s sell‑off: markets are focused on the incremental debt, sharply higher leverage, potential share dilution and a negative S&P credit outlook — all of which increase short‑term risk and pushed the stock sharply lower. Sysco Just Announced a $29.1 Billion Acquisition and Wall Street Is Nervous
• Negative Sentiment: Citi and other brokers trimmed targets or reiterated caution even while acknowledging the deal could be accretive — these downgrades/target cuts contributed to the negative sentiment surrounding financing and near‑term returns. Citi lowers Sysco (SYY) target despite “accretive” deal outlook
• Negative Sentiment: Management turnover: the resignation of the Chief Information & Digital Officer adds operational uncertainty during a major M&A integration phase, which investors view negatively. Sysco Announces Resignation of Chief Information and Digital Officer

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.