Morgan Stanley Issues Positive Forecast for Sysco (NYSE:SYY) Stock Price

Posted by Brian Himes on Jul 16th, 2026

Sysco (NYSE:SYY – Get Free Report) had its price target hoisted by analysts at Morgan Stanley from $84.00 to $88.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley’s target price indicates a potential upside of 6.88% from the stock’s previous close.

A number of other equities analysts have also commented on SYY. Piper Sandler decreased their price objective on shares of Sysco from $83.00 to $77.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Sysco in a report on Friday, June 26th. Barclays decreased their target price on Sysco from $92.00 to $86.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Wall Street Zen downgraded Sysco from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, UBS Group dropped their price target on Sysco from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $88.38.

View Our Latest Stock Report on SYY

Sysco Price Performance

Sysco stock traded up $1.61 during midday trading on Thursday, hitting $82.34. The company’s stock had a trading volume of 100,101 shares, compared to its average volume of 4,243,944. Sysco has a 12 month low of $68.19 and a 12 month high of $91.85. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 5.58. The company has a market capitalization of $39.37 billion, a PE ratio of 22.73, a price-to-earnings-growth ratio of 3.16 and a beta of 0.64. The stock’s 50-day moving average price is $78.26 and its 200-day moving average price is $79.38.

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

Insider Buying and Selling

In other news, Director John M. Hinshaw bought 13,304 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were bought at an average cost of $75.17 per share, with a total value of $1,000,061.68. Following the transaction, the director directly owned 40,200 shares in the company, valued at approximately $3,021,834. This trade represents a 49.46% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.56% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sysco

Large investors have recently made changes to their positions in the company. Teacher Retirement System of Texas raised its stake in shares of Sysco by 8.0% in the fourth quarter. Teacher Retirement System of Texas now owns 370,571 shares of the company’s stock valued at $27,307,000 after acquiring an additional 27,510 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Sysco by 9.5% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 412,423 shares of the company’s stock valued at $30,445,000 after purchasing an additional 35,647 shares in the last quarter. Nicholas Company Inc. bought a new position in Sysco in the 4th quarter valued at $2,278,000. Nordea Investment Management AB boosted its stake in Sysco by 38.8% in the fourth quarter. Nordea Investment Management AB now owns 1,952,615 shares of the company’s stock worth $144,552,000 after purchasing an additional 545,688 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Sysco during the fourth quarter worth $542,780,000. Institutional investors own 83.41% of the company’s stock.

About Sysco

(Get 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.