Sysco (NYSE:SYY) Shares Gap Up After Earnings Beat

Sysco Corporation (NYSE:SYY)’s share price gapped up prior to trading on Tuesday following a stronger than expected earnings report. The stock had previously closed at $75.63, but opened at $78.92. Sysco shares last traded at $80.0450, with a volume of 2,609,912 shares.

The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. Sysco had a return on equity of 112.04% and a net margin of 2.21%.During the same quarter in the previous year, the company posted $0.93 earnings per share. The business’s revenue was up 3.0% on a year-over-year basis. 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. Shareholders of record on Friday, January 2nd were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Friday, January 2nd. Sysco’s dividend payout ratio (DPR) is presently 57.91%.

Sysco News Roundup

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Company reiterated/updated FY?2026 guidance to $4.60 EPS (range 4.600–4.600), above consensus, signaling management expects to hit the high end of its prior adjusted?earnings outlook. Sysco 2026 Adjusted Earnings Seen at High End of Range
• Positive Sentiment: Beat consensus on the headline adjusted EPS metric: reported adjusted EPS $0.99 vs. Zacks consensus $0.98, demonstrating modest upside to quarterly expectations. Sysco (SYY) Tops Q2 Earnings Estimates
• Positive Sentiment: Adjusted operating measures improved: adjusted operating income and adjusted EBITDA both rose (adjusted OI +3.1%, adjusted EBITDA +3.3%), and adjusted net earnings grew ~3.9% year?over?year — supports the case that core business trends are stabilizing. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Neutral Sentiment: Top?line growth was modest: sales increased ~3.0% (reported revenue ~$20.8B) with slight U.S. volume gains — this is steady but not accelerating growth. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Negative Sentiment: GAAP metrics weakened: net income fell ~4.2% to $389M and GAAP EPS declined to $0.81 (down ~1.2% YoY), with operating income down ~2.8% — some third?party writeups flagged misses to consensus on revenue and GAAP EPS, and operating pressures could limit upside. Sysco Corporation (SYY) Releases Q2 2026 Earnings

Analysts Set New Price Targets

A number of equities research analysts have commented on SYY shares. Barclays raised their price objective on Sysco from $86.00 to $88.00 and gave the company an “overweight” rating in a research note on Wednesday, January 7th. Morgan Stanley cut their price target on shares of Sysco from $88.00 to $85.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th. Citigroup reduced their target price on Sysco from $82.00 to $81.00 and set a “neutral” rating for the company in a report on Wednesday, January 7th. Wall Street Zen cut Sysco from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Finally, Piper Sandler decreased their target price on Sysco from $81.00 to $80.00 and set a “neutral” rating for the company in a research report on Friday, December 12th. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $85.75.

Institutional Investors Weigh In On Sysco

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Sysco by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 62,691,177 shares of the company’s stock worth $4,748,230,000 after acquiring an additional 1,226,381 shares during the period. State Street Corp grew its position in shares of Sysco by 0.9% during the 3rd quarter. State Street Corp now owns 26,669,576 shares of the company’s stock valued at $2,195,973,000 after purchasing an additional 246,542 shares in the last quarter. Capital Research Global Investors grew its position in shares of Sysco by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 18,360,707 shares of the company’s stock valued at $1,511,821,000 after purchasing an additional 46,040 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Sysco by 1.5% in the second quarter. Geode Capital Management LLC now owns 12,551,872 shares of the company’s stock worth $946,694,000 after purchasing an additional 183,179 shares during the period. Finally, Norges Bank purchased a new stake in shares of Sysco in the second quarter worth $493,686,000. 83.41% of the stock is owned by hedge funds and other institutional investors.

Sysco Stock Up 7.8%

The company has a 50 day moving average of $74.98 and a 200-day moving average of $77.73. The company has a debt-to-equity ratio of 5.54, a current ratio of 1.15 and a quick ratio of 0.65. The company has a market cap of $39.03 billion, a P/E ratio of 21.85, a price-to-earnings-growth ratio of 2.51 and a beta of 0.61.

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.