Aurora Investment Counsel Sells 14,251 Shares of Sysco Corporation $SYY

Aurora Investment Counsel reduced its position in shares of Sysco Corporation (NYSE:SYY) by 73.1% in the first quarter, Holdings Channel reports. The firm owned 5,247 shares of the company’s stock after selling 14,251 shares during the quarter. Aurora Investment Counsel’s holdings in Sysco were worth $374,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Teacher Retirement System of Texas raised its stake in shares of Sysco by 8.0% in the fourth quarter. Teacher Retirement System of Texas now owns 370,571 shares of the company’s stock worth $27,307,000 after purchasing an additional 27,510 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Sysco by 9.5% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 412,423 shares of the company’s stock valued at $30,445,000 after buying an additional 35,647 shares during the last quarter. Nicholas Company Inc. bought a new stake in Sysco in the 4th quarter worth about $2,278,000. Norges Bank bought a new stake in Sysco in the 4th quarter worth about $542,780,000. Finally, Nordea Investment Management AB raised its position in Sysco by 38.8% in the 4th quarter. Nordea Investment Management AB now owns 1,952,615 shares of the company’s stock worth $144,552,000 after buying an additional 545,688 shares during the last quarter. 83.41% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Sysco

In other Sysco news, Director John M. Hinshaw bought 13,304 shares of Sysco stock in a transaction on Tuesday, May 26th. The stock was acquired at an average cost of $75.17 per share, with a total value of $1,000,061.68. Following the completion of the acquisition, the director owned 40,200 shares in the company, valued at approximately $3,021,834. This represents a 49.46% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.56% of the company’s stock.

Sysco Trading Down 0.8%

Shares of NYSE:SYY opened at $81.62 on Friday. The stock’s 50-day simple moving average is $78.63 and its two-hundred day simple moving average is $79.45. The stock has a market capitalization of $39.03 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 3.11 and a beta of 0.64. Sysco Corporation has a 52-week low of $68.19 and a 52-week high of $91.85. The company has a debt-to-equity ratio of 5.58, a quick ratio of 0.80 and a current ratio of 1.33.

Sysco (NYSE:SYY) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.94 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.01). Sysco had a net margin of 2.08% and a return on equity of 103.57%. The business had revenue of $20.52 billion for the quarter, compared to analysts’ expectations of $20.56 billion. During the same period in the previous year, the company earned $0.96 EPS. Sysco’s revenue for the quarter was up 4.7% compared to the same quarter last year. Sysco has set its Q4 2026 guidance at 1.510-1.510 EPS. Analysts expect that Sysco Corporation will post 4.59 EPS for the current year.

Wall Street Analyst Weigh In

SYY has been the topic of several research analyst reports. Wall Street Zen cut shares of Sysco from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Guggenheim decreased their price objective on shares of Sysco from $95.00 to $90.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Piper Sandler lowered their price objective on shares of Sysco from $83.00 to $77.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. Melius Research cut shares of Sysco from a “hold” rating to a “sell” rating in a report on Tuesday, July 7th. Finally, Barclays cut their target price on shares of Sysco from $92.00 to $86.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Eight investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Sysco currently has an average rating of “Hold” and a consensus price target of $88.00.

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.