JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Sysco (NYSE:SYY) Stock

Sysco (NYSE:SYY) had its price target boosted by equities research analysts at JPMorgan Chase & Co. from $85.00 to $87.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 3.68% from the stock’s previous close.

A number of other brokerages have also weighed in on SYY. Wall Street Zen lowered Sysco from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Sanford C. Bernstein started coverage on shares of Sysco in a report on Wednesday, October 22nd. They issued a “market perform” rating and a $83.00 price target for the company. Piper Sandler raised their target price on Sysco from $80.00 to $83.00 and gave the stock a “neutral” rating in a research note on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Sysco in a report on Monday, December 29th. Finally, Jefferies Financial Group lifted their target price on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $87.46.

Sysco Stock Performance

Shares of SYY stock opened at $83.91 on Wednesday. Sysco has a 12-month low of $67.12 and a 12-month high of $83.96. The business’s fifty day simple moving average is $75.14 and its 200-day simple moving average is $77.78. The company has a current ratio of 1.15, a quick ratio of 0.65 and a debt-to-equity ratio of 5.54. The company has a market cap of $40.18 billion, a PE ratio of 22.50, a PEG ratio of 2.49 and a beta of 0.61.

Sysco (NYSE:SYY) last announced its earnings results on Tuesday, January 27th. 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%.The firm had revenue of $20.76 billion for the quarter, compared to the consensus estimate of $20.80 billion. During the same period in the previous year, the business earned $0.93 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. Analysts expect that Sysco will post 4.58 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SYY. 1620 Investment Advisors Inc. grew its position in shares of Sysco by 2.6% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 4,904 shares of the company’s stock valued at $404,000 after acquiring an additional 126 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in shares of Sysco by 0.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 40,852 shares of the company’s stock valued at $3,364,000 after buying an additional 130 shares in the last quarter. Facet Wealth Inc. grew its stake in Sysco by 1.2% in the 2nd quarter. Facet Wealth Inc. now owns 10,671 shares of the company’s stock valued at $849,000 after acquiring an additional 131 shares during the period. Ellis Investment Partners LLC raised its position in Sysco by 4.9% during the second quarter. Ellis Investment Partners LLC now owns 2,820 shares of the company’s stock worth $214,000 after acquiring an additional 133 shares during the period. Finally, Silver Oak Securities Incorporated lifted its holdings in Sysco by 4.0% during the third quarter. Silver Oak Securities Incorporated now owns 3,493 shares of the company’s stock valued at $288,000 after purchasing an additional 134 shares in the last quarter. Hedge funds and other institutional investors own 83.41% of the company’s stock.

More Sysco News

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Company raised FY2026 EPS guidance to $4.60 and said it is positioned to hit the high end of its prior range — management flagged accelerating growth in H2, which drove investor optimism. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Adjusted EPS and margins beat expectations (adjusted EPS ~$0.99), signaling margin recovery despite higher food costs — a key reason analysts and investors pushed the stock higher. SYY Q2 Earnings Top Estimates on Margin Strength & Local Volume Growth
• Positive Sentiment: Management lifted the annual profit forecast citing a robust U.S. business and improving local volumes — the market rewarded the clearer path to higher full?year earnings. Food distributor Sysco lifts annual profit forecast on robust U.S. business
• Positive Sentiment: Share momentum pushed SYY to a new 52?week high after the results and outlook update, reflecting strong intraday buying. Sysco (NYSE:SYY) Reaches New 52-Week High on Strong Earnings
• Neutral Sentiment: Top?line growth was modest (sales +3% YoY) and U.S. local volumes improved only slightly — the quarter was mixed between underlying demand gains and lingering traffic headwinds. Sysco (NYSE:SYY) Reports Q4 CY2025 In Line With Expectations
• Neutral Sentiment: Balance?sheet and liquidity metrics remain areas to watch (e.g., leverage and current ratios cited by investors); these aren’t central to the rally but could influence longer?term sentiment.
• Negative Sentiment: GAAP net income and operating income declined YoY and some outlets flagged an EPS miss on a GAAP basis in certain feeds — these weaker headline numbers could temper upside if macro or traffic trends deteriorate. Sysco Corporation (SYY) Releases Q2 2026 Earnings: Revenue Up 3% but EPS Misses Estimates

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.