A number of research firms have changed their ratings and price targets for Sysco (NYSE: SYY):
- 11/4/2026 – Sysco had its “market perform” rating reaffirmed by Sanford C. Bernstein.
- 11/4/2026 – Sysco had its price target lowered by JPMorgan Chase & Co. from $95.00 to $92.00.
- 11/3/2026 – Sysco was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 10/27/2026 – Sysco had its price target raised by Citigroup from $86.00 to $87.00.
- 10/26/2026 – Sysco had its “neutral” rating reaffirmed by Citigroup.
- 10/24/2026 – Sysco was downgraded by Wall Street Zen from “buy” to “hold”.
- 10/15/2026 – Sysco was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/15/2026 – Sysco had its price target raised by Morgan Stanley from $88.00 to $91.00. They now have an “equal weight” rating on the stock.
- 10/3/2026 – Sysco was upgraded by Wall Street Zen from “hold” to “buy”.
- 9/29/2026 – Sysco had its price target lowered by JPMorgan Chase & Co. from $100.00 to $95.00. They now have an “overweight” rating on the stock.
- 9/28/2026 – Sysco was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 9/16/2026 – Sysco had its “buy” rating reaffirmed by Guggenheim. They now have a $90.00 price target on the stock.
- 9/10/2026 – Sysco was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 9/6/2026 – Sysco was downgraded by Wall Street Zen from “buy” to “hold”.
Sysco Stock Up 3.3%
Shares of Sysco stock traded up $2.43 on Wednesday, hitting $76.54. 3,190,951 shares of the company’s stock traded hands, compared to its average volume of 4,013,636. The stock has a market cap of $37.65 billion, a P/E ratio of 20.91, a PEG ratio of 2.30 and a beta of 0.66. The company has a quick ratio of 0.77, a current ratio of 1.28 and a debt-to-equity ratio of 4.62. Sysco Corporation has a 52-week low of $68.19 and a 52-week high of $91.85. The firm’s 50-day moving average is $80.30 and its 200 day moving average is $80.52.
Sysco (NYSE:SYY – Get Free Report) last issued its earnings results on Tuesday, November 3rd. The company reported $1.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.19. Sysco had a net margin of 2.08% and a return on equity of 95.05%. The business had revenue of $21.74 billion for the quarter, compared to analyst estimates of $22.02 billion. During the same quarter in the prior year, the business posted $1.15 EPS. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. Equities analysts anticipate that Sysco Corporation will post 5.09 earnings per share for the current year.
Sysco Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Friday, October 2nd were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, October 2nd. Sysco’s dividend payout ratio is currently 60.11%.
Insider Activity at Sysco
In other news, EVP Ronald Phillips sold 7,350 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $83.61, for a total transaction of $614,533.50. Following the sale, the executive vice president directly owned 38,650 shares in the company, valued at approximately $3,231,526.50. This represents a 15.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 15,525 shares of company stock worth $1,299,736 over the last three months. 0.55% of the stock is currently owned by corporate insiders.
Sysco Corporation is a global foodservice distribution company headquartered in Houston, Texas. It supplies food and related products to restaurants, healthcare and educational institutions, hotels, government facilities, and other foodservice operators.
The company distributes a broad range of products, including fresh and frozen foods, meat and seafood, produce, dairy products, canned and packaged goods, beverages, and specialty food items. Sysco also provides nonfood products such as kitchen and dining supplies, equipment, and cleaning products, along with services intended to help customers manage menus, procurement, and operations.
Founded in 1969, Sysco serves customers primarily across the United States and Canada, as well as in parts of Europe and other international markets.
See Also
- Five stocks we like better than Sysco
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Sysco Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sysco Corporation and related companies with MarketBeat.com's FREE daily email newsletter.
