Key Points
- EVP Ronald Phillips sold 5,601 shares at an average price of $81 for a total of $453,681, reducing his stake by about 13.5% to 35,965 shares, as disclosed in an SEC Form 4.
- Sysco reported Q2 FY2026 EPS of $0.99 (slightly above consensus) with revenue of $20.76B, and management set FY2026 guidance at $4.60 EPS, prompting several brokers to raise price targets and leaving a consensus rating of "Moderate Buy."
- The company paid a quarterly dividend of $0.54 (annualized $2.16) for a yield of about 2.6% and a payout ratio near 58%.
Sysco Corporation (NYSE:SYY - Get Free Report) EVP Ronald Phillips sold 5,601 shares of the business's stock in a transaction dated Tuesday, January 27th. The shares were 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 directly owned 35,965 shares of the company's stock, valued at approximately $2,913,165. The trade was a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Sysco Trading Up 0.6%
NYSE SYY opened at $84.02 on Friday. Sysco Corporation has a one year low of $67.12 and a one year high of $85.33. The company has a debt-to-equity ratio of 5.45, a current ratio of 1.30 and a quick ratio of 0.65. The firm has a market cap of $40.23 billion, a P/E ratio of 22.58, a P/E/G ratio of 2.66 and a beta of 0.61. The stock's 50-day moving average is $75.47 and its 200-day moving average is $77.86.
Sysco (NYSE:SYY - Get Free Report) last posted its earnings results on Tuesday, January 27th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. The business had revenue of $20.76 billion during the quarter, compared to analysts' expectations of $20.80 billion. Sysco had a return on equity of 109.21% and a net margin of 2.17%.Sysco's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.93 EPS. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. Sell-side analysts anticipate that Sysco Corporation will post 4.58 earnings per share for the current fiscal year.
Sysco Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Friday, January 2nd were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Friday, January 2nd. Sysco's dividend payout ratio (DPR) is presently 58.06%.
Analyst Ratings Changes
Several analysts have issued reports on SYY shares. UBS Group lifted their price target on Sysco from $90.00 to $95.00 and gave the company a "buy" rating in a research note on Wednesday. Truist Financial lifted their target price on Sysco from $90.00 to $94.00 and gave the company a "buy" rating in a research report on Wednesday. Morgan Stanley reduced their price target on Sysco from $88.00 to $85.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 20th. Piper Sandler lifted their price objective on shares of Sysco from $80.00 to $83.00 and gave the company a "neutral" rating in a report on Wednesday. Finally, Wall Street Zen lowered shares of Sysco from a "buy" rating to a "hold" rating in a research 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. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $89.38.
Get Our Latest Stock Report on SYY
Sysco News Roundup
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
Institutional Investors Weigh In On Sysco
A number of institutional investors and hedge funds have recently made changes to their positions in SYY. Kestra Private Wealth Services LLC increased its holdings in Sysco by 9.1% during the fourth quarter. Kestra Private Wealth Services LLC now owns 35,649 shares of the company's stock worth $2,627,000 after buying an additional 2,984 shares during the last quarter. Pictet Asset Management Holding SA increased its stake in shares of Sysco by 68.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,148,025 shares of the company's stock worth $84,599,000 after purchasing an additional 467,077 shares during the last quarter. Viewpoint Investment Partners Corp bought a new stake in shares of Sysco in the 4th quarter valued at about $295,000. Sanctuary Advisors LLC lifted its stake in Sysco by 5.1% in the 4th quarter. Sanctuary Advisors LLC now owns 70,668 shares of the company's stock valued at $5,208,000 after purchasing an additional 3,440 shares during the last quarter. Finally, Golden State Equity Partners bought a new position in Sysco during the fourth quarter worth about $465,000. Institutional investors own 83.41% of the company's stock.
About Sysco
(
Get Free Report)
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.
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