SHP Wealth Management Takes $2.61 Million Position in Sysco Corporation $SYY

Posted by Brenda Bartman on Jun 20th, 2026

SHP Wealth Management bought a new stake in Sysco Corporation (NYSE:SYY – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 35,407 shares of the company’s stock, valued at approximately $2,609,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jackson Grant Investment Advisers Inc. acquired a new position in Sysco in the third quarter valued at $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Sysco during the fourth quarter worth about $25,000. Motiv8 Investments LLC purchased a new stake in shares of Sysco in the 4th quarter valued at about $25,000. Torren Management LLC acquired a new stake in shares of Sysco in the 4th quarter valued at about $27,000. Finally, Bard Associates Inc. acquired a new stake in shares of Sysco in the 4th quarter valued at about $27,000. 83.41% of the stock is currently owned by institutional investors and hedge funds.

Sysco Stock Down 0.1%

SYY stock opened at $78.64 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 50-day moving average price is $75.37 and its 200 day moving average price is $78.30. Sysco Corporation has a 52 week low of $68.19 and a 52 week high of $91.85. The company has a market cap of $37.60 billion, a P/E ratio of 21.78, a P/E/G ratio of 3.21 and a beta of 0.65.

Sysco (NYSE:SYY – Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.94 earnings per share (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 company had revenue of $20.52 billion during the quarter, compared to analysts’ expectations of $20.56 billion. During the same period last year, the business posted $0.96 earnings per share. The company’s quarterly revenue was up 4.7% on a year-over-year basis. Sysco has set its Q4 2026 guidance at 1.510-1.510 EPS. On average, research analysts expect that Sysco Corporation will post 4.59 earnings per share for the current fiscal year.

Sysco Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Thursday, July 2nd will be issued a dividend of $0.55 per share. This is a boost from Sysco’s previous quarterly dividend of $0.54. This represents a $2.20 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, July 2nd. Sysco’s payout ratio is presently 59.83%.

Insider Buying and Selling

In other news, Director John M. Hinshaw bought 13,304 shares of the stock in a transaction on Tuesday, May 26th. The shares were bought at an average price of $75.17 per share, with a total value of $1,000,061.68. Following the completion of the acquisition, the director owned 40,200 shares of the company’s stock, valued at approximately $3,021,834. This trade 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 available through this hyperlink. Insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on SYY shares. Wall Street Zen lowered shares of Sysco from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Piper Sandler reduced their price target on shares of Sysco from $83.00 to $77.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Guggenheim decreased their price target on shares of Sysco from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft lowered shares of Sysco from a “buy” rating to a “hold” rating and set a $84.00 price objective on the stock. in a research note on Tuesday, April 28th. Finally, Weiss Ratings cut shares of Sysco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $88.15.

Read Our Latest Stock Report on Sysco

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.