Sysco (NYSE:SYY) Reaches New 52-Week High on Strong Earnings

Sysco Corporation (NYSE:SYY)’s share price reached a new 52-week high during trading on Wednesday after the company announced better than expected quarterly earnings. The company traded as high as $83.96 and last traded at $83.9120, with a volume of 11003524 shares. The stock had previously closed at $75.63.

The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. Sysco had a net margin of 2.21% and a return on equity of 112.04%. The firm had revenue of $20.76 billion during the quarter, compared to analysts’ expectations of $20.80 billion. During the same period in the prior year, the company earned $0.93 EPS. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS.

Sysco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Friday, January 2nd were given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, January 2nd. Sysco’s dividend payout ratio is 57.91%.

Sysco News Roundup

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Raised full‑year guidance to $4.60 and said it expects to hit the high end of its prior range — a clear signal management is confident in H2 revenue/margin trends. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Adjusted EPS/adjusted EBITDA and adjusted operating income rose (adjusted EPS $0.99), and management highlighted margin strength despite higher food costs — supports better earnings power. SYY Q2 Earnings Top Estimates on Margin Strength & Local Volume Growth
• Positive Sentiment: U.S. local volumes improved and international growth strengthened; management sees accelerating growth in the second half of fiscal 2026 — a demand recovery narrative investors like. Why Sysco Stock Surged Today
• Neutral Sentiment: Revenue grew modestly (≈+3% YoY), showing steady but not breakout top‑line momentum. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Neutral Sentiment: Some data feeds flagged differences between GAAP and adjusted figures (adjusted EPS beat while GAAP diluted EPS was lower), so headline “beat/miss” takes depend on which metric you use. Sysco Releases Q2 2026 Earnings: Revenue Up 3% but EPS Misses Estimates
• Negative Sentiment: GAAP operating income and net income fell year‑over‑year and GAAP EPS declined (reported GAAP EPS lower than adjusted), highlighting near‑term profit volatility. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Negative Sentiment: Analysts caution macro headwinds (higher labor/compensation and uneven restaurant traffic) and some say the stock is near fair value, which could limit upside absent stronger demand. Sysco: No Rush To Buy This Dividend Champion

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Sanford C. Bernstein assumed coverage on shares of Sysco in a research note on Wednesday, October 22nd. They issued a “market perform” rating and a $83.00 target price on the stock. Citigroup dropped their price target on Sysco from $82.00 to $81.00 and set a “neutral” rating for the company in a report on Wednesday, January 7th. Barclays lifted their price objective on Sysco from $86.00 to $88.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. Guggenheim upped their price target 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. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Sysco in a report on Monday, December 29th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $85.75.

Hedge Funds Weigh In On Sysco

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

Sysco Trading Up 11.0%

The business’s 50 day simple moving average is $75.14 and its 200 day simple moving average is $77.78. The stock has a market cap of $40.18 billion, a price-to-earnings ratio of 22.50, a PEG ratio of 2.49 and a beta of 0.61. The company has a quick ratio of 0.65, a current ratio of 1.15 and a debt-to-equity ratio of 5.54.

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.