Sysco Corporation $SYY Stake Boosted by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC raised its holdings in shares of Sysco Corporation (NYSE:SYY) by 276.5% in the 3rd quarter, Holdings Channel reports. The firm owned 10,173 shares of the company’s stock after purchasing an additional 7,471 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Sysco were worth $838,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the business. Price T Rowe Associates Inc. MD grew its position in shares of Sysco by 0.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,001,913 shares of the company’s stock valued at $75,184,000 after buying an additional 9,269 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Sysco by 7.9% during the first quarter. Kestra Advisory Services LLC now owns 79,650 shares of the company’s stock valued at $5,977,000 after purchasing an additional 5,813 shares during the last quarter. Groupe la Francaise bought a new position in shares of Sysco during the first quarter valued at approximately $98,000. Smartleaf Asset Management LLC raised its position in shares of Sysco by 5.2% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,698 shares of the company’s stock worth $274,000 after purchasing an additional 182 shares during the period. Finally, Jump Financial LLC lifted its holdings in shares of Sysco by 171.7% in the 1st quarter. Jump Financial LLC now owns 33,725 shares of the company’s stock worth $2,531,000 after purchasing an additional 21,312 shares during the last quarter. 83.41% of the stock is currently owned by institutional investors.

Sysco Trading Up 0.1%

Sysco stock opened at $74.57 on Tuesday. The firm has a market cap of $35.71 billion, a price-to-earnings ratio of 19.99, a price-to-earnings-growth ratio of 2.45 and a beta of 0.61. Sysco Corporation has a 1 year low of $67.12 and a 1 year high of $83.47. The firm’s 50 day moving average price is $75.55 and its two-hundred day moving average price is $77.81. The company has a debt-to-equity ratio of 5.54, a quick ratio of 0.65 and a current ratio of 1.15.

Sysco (NYSE:SYY) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.03. Sysco had a return on equity of 112.04% and a net margin of 2.21%.The firm had revenue of $21.15 billion for the quarter, compared to the consensus estimate of $21.03 billion. During the same quarter in the previous year, the company earned $1.09 EPS. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. Sysco has set its FY 2026 guidance at 4.500-4.600 EPS. On average, research analysts predict that Sysco Corporation will post 4.58 EPS for the current fiscal year.

Sysco Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 2nd will be given a dividend of $0.54 per share. The ex-dividend date is Friday, January 2nd. This represents a $2.16 dividend on an annualized basis and a yield of 2.9%. Sysco’s dividend payout ratio (DPR) is presently 57.91%.

Wall Street Analyst Weigh In

SYY has been the topic of several analyst reports. Sanford C. Bernstein started coverage on Sysco in a research report on Wednesday, October 22nd. They issued a “market perform” rating and a $83.00 target price on the stock. Wall Street Zen cut shares of Sysco from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sysco in a research report on Monday, December 8th. Morgan Stanley set a $88.00 target price on shares of Sysco in a research report on Tuesday, October 21st. Finally, Piper Sandler dropped their price target on shares of Sysco from $81.00 to $80.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $85.92.

Sysco 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.