Sysco Corporation $SYY Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of Sysco Corporation (NYSE:SYY) by 12.7% in the third quarter, HoldingsChannel.com reports. The fund owned 285,717 shares of the company’s stock after acquiring an additional 32,187 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Sysco were worth $23,526,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of SYY. Vanguard Group Inc. boosted its position in Sysco by 2.0% in the second quarter. Vanguard Group Inc. now owns 62,691,177 shares of the company’s stock valued at $4,748,230,000 after buying an additional 1,226,381 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Sysco by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 12,551,872 shares of the company’s stock valued at $946,694,000 after acquiring an additional 183,179 shares during the last quarter. Norges Bank purchased a new stake in shares of Sysco in the 2nd quarter valued at $493,686,000. Charles Schwab Investment Management Inc. increased its stake in shares of Sysco by 0.9% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,131,931 shares of the company’s stock worth $237,212,000 after acquiring an additional 27,693 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of Sysco by 12.0% during the second quarter. Ameriprise Financial Inc. now owns 2,639,931 shares of the company’s stock worth $201,076,000 after purchasing an additional 283,706 shares during the last quarter. 83.41% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Sheila Talton sold 2,801 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were 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 of the company’s stock, valued at approximately $1,067,915.32. The trade was a 17.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ronald L. Phillips sold 5,601 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 35,965 shares in the company, valued at approximately $2,913,165. The trade was a 13.47% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

SYY has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their price objective on Sysco from $85.00 to $87.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. UBS Group upped their price objective on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Wells Fargo & Company lifted 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, January 28th. Argus upgraded shares of Sysco to a “hold” rating in a research note on Thursday, January 29th. Finally, Truist Financial raised their price target on shares of Sysco from $90.00 to $94.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Sysco currently has an average rating of “Moderate Buy” and a consensus price target of $89.38.

Sysco Trading Down 0.0%

Shares of SYY opened at $84.60 on Thursday. Sysco Corporation has a 52-week low of $67.12 and a 52-week high of $85.58. The stock has a market cap of $40.52 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 2.63 and a beta of 0.61. The firm’s fifty day moving average is $76.12 and its two-hundred day moving average is $78.04. The company has a quick ratio of 0.75, a current ratio of 1.30 and a debt-to-equity ratio of 5.45.

Sysco (NYSE:SYY) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 109.21% and a net margin of 2.17%.The business’s revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.93 earnings per share. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. Research analysts forecast that Sysco Corporation will post 4.58 earnings per share for the current fiscal year.

Sysco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Stockholders of record on Friday, January 2nd were issued a dividend of $0.54 per share. The ex-dividend date was Friday, January 2nd. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.6%. Sysco’s dividend payout ratio is currently 58.06%.

Sysco News Summary

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: High‑profile endorsement and rally: Jim Cramer called Sysco “cheap” and said the business is improving; the stock jumped sharply after the earnings release, reflecting renewed investor optimism. Jim Cramer on Sysco: “The Business Is Clearly Doing Better Than People Thought”
• Positive Sentiment: Analyst/industry support: Zacks lists SYY among food stocks positioned to grow via brand strength and disciplined cost management — a bullish signal for medium‑term fundamentals. 4 Miscellaneous Food Stocks Poised for Growth in a Difficult Market
• Positive Sentiment: Investor outreach planned: Sysco will webcast a presentation at the CAGNY 2026 Conference (Feb 17), offering management a forum to elaborate on margins, pricing and growth plans — typically supportive for sentiment. Sysco to Webcast Presentation at the CAGNY 2026 Conference
• Neutral Sentiment: Rating unchanged: Argus Research maintained a Hold rating on SYY, signaling no immediate analyst upgrade despite recent positives — neutral for near‑term momentum. Argus Research Keeps Their Hold Rating on Sysco (SYY)
• Neutral Sentiment: Analyst call prep/coverage: Coverage pieces summarizing top analyst questions for Sysco’s Q4 call may influence short‑term flows but are informational rather than catalytic. Sysco’s Q4 Earnings Call: Our Top 5 Analyst Questions
• Negative Sentiment: Insider selling: Director Sheila Talton sold 2,801 shares at an average $82.99 (≈$232.5k), reducing her stake ~17.9% — an event investors often view as a mild negative signal on near‑term insider conviction. Insider trade: Sheila Talton sold Sysco shares
• Negative Sentiment: Macro/industry concerns: Coverage highlighting investor worry about restaurant traffic and consumer weakness is pressuring sentiment and could constrain top‑line growth if trends persist. Sysco Corporation (SYY) Declined on Investor Worry About the Restaurant Macro Environment, Consumer Weakness

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.