Handelsbanken Fonder AB Boosts Holdings in Sysco Corporation $SYY

Posted by George Bondi on May 21st, 2026

Handelsbanken Fonder AB grew its holdings in shares of Sysco Corporation (NYSE:SYY – Free Report) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 294,187 shares of the company’s stock after acquiring an additional 9,979 shares during the quarter. Handelsbanken Fonder AB owned 0.06% of Sysco worth $21,679,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SYY. Jackson Grant Investment Advisers Inc. bought a new position in shares of Sysco in the third quarter worth approximately $25,000. Torren Management LLC bought a new position in shares of Sysco in the fourth quarter worth approximately $27,000. Elyxium Wealth LLC bought a new position in shares of Sysco in the fourth quarter worth approximately $28,000. Navalign LLC bought a new position in shares of Sysco in the fourth quarter worth approximately $29,000. Finally, Peterson Wealth Services grew its holdings in shares of Sysco by 875.7% in the third quarter. Peterson Wealth Services now owns 361 shares of the company’s stock worth $30,000 after purchasing an additional 324 shares during the last quarter. Institutional investors own 83.41% of the company’s stock.

Sysco Stock Performance

Shares of SYY stock opened at $75.39 on Thursday. Sysco Corporation has a 12 month low of $68.19 and a 12 month high of $91.85. The stock has a market cap of $36.05 billion, a PE ratio of 20.88, a price-to-earnings-growth ratio of 3.07 and a beta of 0.66. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 5.58. The company’s fifty day moving average price is $76.33 and its 200-day moving average price is $78.01.

Sysco (NYSE:SYY – Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.94 EPS for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.01). The business had revenue of $20.52 billion for the quarter, compared to the consensus estimate of $20.56 billion. Sysco had a net margin of 2.08% and a return on equity of 103.57%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.96 EPS. Sysco has set its Q4 2026 guidance at 1.510-1.510 EPS. On average, equities analysts expect that Sysco Corporation will post 4.59 EPS for the current fiscal 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 given a $0.55 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $2.20 annualized dividend and a dividend yield of 2.9%. This is a boost from Sysco’s previous quarterly dividend of $0.54. Sysco’s payout ratio is presently 59.83%.

Analysts Set New Price Targets

SYY has been the topic of several recent analyst reports. Guggenheim cut their price target on shares of Sysco from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. BMO Capital Markets reiterated an “outperform” rating on shares of Sysco in a report on Wednesday, January 28th. UBS Group cut their price target on shares of Sysco from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Citigroup lifted their price target on shares of Sysco from $78.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Finally, Barclays cut their price target on shares of Sysco from $92.00 to $86.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Sysco presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.15.

Read Our Latest Stock Analysis on SYY

Sysco Company Profile

(Free Report)

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.