Forsta AP Fonden Purchases 159,100 Shares of Sysco Corporation $SYY

Posted by George Bondi on May 31st, 2026

Forsta AP Fonden raised its position in Sysco Corporation (NYSE:SYY – Free Report) by 154.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 262,200 shares of the company’s stock after purchasing an additional 159,100 shares during the quarter. Forsta AP Fonden’s holdings in Sysco were worth $19,322,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Jackson Grant Investment Advisers Inc. bought a new position in shares of Sysco during the third quarter worth about $25,000. Lloyd Advisory Services LLC. acquired a new position in Sysco during the 4th quarter worth approximately $25,000. Torren Management LLC acquired a new position in Sysco during the 4th quarter worth approximately $27,000. Elyxium Wealth LLC bought a new position in shares of Sysco during the 4th quarter worth approximately $28,000. Finally, Navalign LLC acquired a new stake in shares of Sysco in the fourth quarter valued at approximately $29,000. 83.41% of the stock is owned by institutional investors and hedge funds.

Sysco Price Performance

Shares of SYY opened at $75.98 on Friday. 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 simple moving average is $75.17 and its 200 day simple moving average is $78.10. 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 $36.33 billion, a price-to-earnings ratio of 21.05, a PEG ratio of 3.10 and a beta of 0.66.

Sysco (NYSE:SYY – Get Free Report) last announced its quarterly 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). Sysco had a net margin of 2.08% and a return on equity of 103.57%. The firm had revenue of $20.52 billion during the quarter, compared to analyst estimates of $20.56 billion. During the same quarter in the prior year, the business earned $0.96 EPS. The business’s revenue was up 4.7% compared to the same quarter last year. Sysco has set its Q4 2026 guidance at 1.510-1.510 EPS. On average, research analysts forecast that Sysco Corporation will post 4.59 earnings per share for the current fiscal year.

Sysco Increases Dividend

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

Insider Buying and Selling

In other Sysco news, Director John M. Hinshaw purchased 13,304 shares of the stock in a transaction on Tuesday, May 26th. The shares were purchased at an average price of $75.17 per share, with a total value of $1,000,061.68. Following the completion of the transaction, the director directly owned 40,200 shares in the company, valued at $3,021,834. This represents a 49.46% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.56% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on SYY shares. Wells Fargo & Company increased their target price on shares of Sysco from $92.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Guggenheim lowered their price target 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. 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 research report on Wednesday, April 29th. Sanford C. Bernstein decreased their price objective on Sysco from $90.00 to $85.00 and set a “market perform” rating for the company in a report on Wednesday, April 29th. Finally, Citigroup lifted their target price on Sysco from $78.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.15.

Check Out Our Latest Stock Report on Sysco

About Sysco

(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.