Annis Gardner Whiting Capital Advisors LLC Boosts Stock Holdings in Sysco Corporation $SYY

Annis Gardner Whiting Capital Advisors LLC boosted its position in Sysco Corporation (NYSE:SYY) by 204.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,370 shares of the company’s stock after buying an additional 15,029 shares during the quarter. Annis Gardner Whiting Capital Advisors LLC’s holdings in Sysco were worth $1,842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Sysco in the 2nd quarter worth about $493,686,000. Vanguard Group Inc. boosted its position in Sysco by 2.0% during the second quarter. Vanguard Group Inc. now owns 62,691,177 shares of the company’s stock worth $4,748,230,000 after purchasing an additional 1,226,381 shares during the period. Marshall Wace LLP increased its stake in shares of Sysco by 207.6% in the second quarter. Marshall Wace LLP now owns 1,164,656 shares of the company’s stock worth $88,211,000 after purchasing an additional 785,995 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Sysco by 143.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,215,260 shares of the company’s stock valued at $92,044,000 after purchasing an additional 715,663 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Sysco by 163.1% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 710,900 shares of the company’s stock valued at $58,536,000 after buying an additional 440,700 shares in the last quarter. 83.41% of the stock is currently owned by institutional investors.

Sysco Stock Down 0.5%

Shares of NYSE SYY opened at $83.50 on Thursday. The company has a current ratio of 1.30, a quick ratio of 0.65 and a debt-to-equity ratio of 5.45. The business has a 50-day moving average of $75.30 and a 200-day moving average of $77.82. The firm has a market capitalization of $39.98 billion, a price-to-earnings ratio of 22.38, a PEG ratio of 2.67 and a beta of 0.61. Sysco Corporation has a 12 month low of $67.12 and a 12 month high of $85.33.

Sysco (NYSE:SYY) last announced its earnings results on Tuesday, January 27th. The company reported $0.99 earnings per share (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 analyst estimates of $20.80 billion. Sysco had a net margin of 2.17% and a return on equity of 109.21%. Sysco’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.93 earnings per share. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. Sell-side analysts expect that Sysco Corporation will post 4.58 earnings per share for the current fiscal year.

Sysco Dividend Announcement

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

Analyst Upgrades and Downgrades

SYY has been the subject of a number of recent research reports. Wells Fargo & Company boosted their target price on shares of Sysco from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Wednesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sysco in a research report on Monday, December 29th. Wall Street Zen lowered Sysco from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Jefferies Financial Group raised their target price on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Citigroup upped their price target on Sysco from $81.00 to $88.00 and gave the company a “neutral” rating in a research report on Wednesday. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $89.38.

Key Sysco News

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Management raised FY2026 EPS guidance to $4.60 and highlighted improving U.S. volume trends and margin progress — a clear catalyst for the stock’s upward move. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Adjusted Q2 results beat on the key metric (adjusted EPS $0.99 vs. ~$0.98 consensus) and adjusted EBITDA/adjusted net earnings expanded year‑over‑year, supporting the bullish narrative. SYY Q2 Earnings Top Estimates on Margin Strength & Local Volume Growth
• Positive Sentiment: Multiple sell‑side firms raised price targets and ratings after the results (examples: Truist to $94/buy, Jefferies to $95/buy, Wells Fargo to $92/overweight, JPMorgan to $87/overweight), which boosts analyst‑driven demand. Sysco Analysts Raise Their Forecasts Following Strong Q2 Earnings
• Neutral Sentiment: Top‑line growth was modest (sales +3.0% YoY; U.S. foodservice/local volumes only slightly higher), so upside depends on whether volume and pricing acceleration sustain into H2. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Negative Sentiment: GAAP operating income and net earnings declined year‑over‑year even as adjusted figures improved, leaving some investors cautious about near‑term volatility and accounting‑line noise. Sysco: No Rush To Buy This Dividend Champion
• Negative Sentiment: Margins still face pressure from higher food and labor costs and the company carries significant leverage, so upside depends on continued margin recovery and stronger volume momentum. Why Sysco Stock Surged Today

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.