Dynasty Wealth Management LLC Has $1.08 Million Stock Holdings in Sysco Corporation $SYY

Dynasty Wealth Management LLC lessened its position in Sysco Corporation (NYSE:SYY) by 44.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,666 shares of the company’s stock after selling 11,521 shares during the period. Dynasty Wealth Management LLC’s holdings in Sysco were worth $1,081,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jackson Grant Investment Advisers Inc. acquired a new stake in shares of Sysco in the 3rd quarter valued at $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Sysco in the 4th quarter valued at $25,000. Torren Management LLC acquired a new stake in shares of Sysco in the 4th quarter valued at $27,000. Elyxium Wealth LLC acquired a new stake in shares of Sysco in the 4th quarter valued at $28,000. Finally, Navalign LLC acquired a new stake in shares of Sysco in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 83.41% of the company’s stock.

Sysco Stock Performance

Sysco stock opened at $75.19 on Thursday. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 5.58. Sysco Corporation has a 1 year low of $68.19 and a 1 year high of $91.85. The company has a market cap of $35.95 billion, a PE ratio of 20.83, a PEG ratio of 3.03 and a beta of 0.65. The company’s 50-day moving average is $74.74 and its two-hundred day moving average is $78.11.

Sysco (NYSE:SYY) last released its earnings results on Tuesday, April 28th. The company reported $0.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $20.56 billion. During the same quarter in the previous year, the company posted $0.96 earnings per share. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. Sysco has set its Q4 2026 guidance at 1.510-1.510 EPS. Equities analysts anticipate that Sysco Corporation will post 4.59 earnings per share for the current year.

Sysco Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Thursday, July 2nd will be paid a $0.55 dividend. This is a boost from Sysco’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.9%. Sysco’s dividend payout ratio (DPR) is currently 59.83%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on SYY shares. Wall Street Zen downgraded shares of Sysco from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. UBS Group reduced their target price on shares of Sysco from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft downgraded shares of Sysco from a “buy” rating to a “hold” rating and set a $84.00 price target on the stock. in a research report on Tuesday, April 28th. Guggenheim reduced their price target on shares of Sysco from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Finally, Piper Sandler reduced their price target 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. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $88.15.

Insider Activity at Sysco

In related news, Director John M. Hinshaw purchased 13,304 shares of the stock in a transaction dated Tuesday, May 26th. The stock was bought at an average cost of $75.17 per share, with a total value of $1,000,061.68. Following the purchase, the director directly owned 40,200 shares in the company, valued at $3,021,834. The trade was a 49.46% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.56% of the stock is currently owned by company insiders.

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.