D.A. Davidson & CO. Purchases 41,976 Shares of Sysco Corporation $SYY

Posted by Geri Gentry on Jul 17th, 2026

D.A. Davidson & CO. grew its position in Sysco Corporation (NYSE:SYY – Free Report) by 24.5% during the 1st quarter, HoldingsChannel reports. The firm owned 213,490 shares of the company’s stock after purchasing an additional 41,976 shares during the quarter. D.A. Davidson & CO.’s holdings in Sysco were worth $15,228,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Montag A & Associates Inc. grew its holdings in shares of Sysco by 1.4% in the 4th quarter. Montag A & Associates Inc. now owns 8,743 shares of the company’s stock valued at $644,000 after buying an additional 123 shares during the period. United Community Bank raised its stake in Sysco by 11.4% during the 4th quarter. United Community Bank now owns 1,224 shares of the company’s stock worth $90,000 after buying an additional 125 shares during the period. First Citizens Bank & Trust Co. raised its stake in Sysco by 1.2% during the 4th quarter. First Citizens Bank & Trust Co. now owns 11,224 shares of the company’s stock worth $827,000 after buying an additional 138 shares during the period. Octavia Wealth Advisors LLC lifted its holdings in Sysco by 4.6% during the fourth quarter. Octavia Wealth Advisors LLC now owns 3,231 shares of the company’s stock worth $237,000 after acquiring an additional 141 shares in the last quarter. Finally, Diversify Wealth Management LLC lifted its holdings in Sysco by 1.6% during the fourth quarter. Diversify Wealth Management LLC now owns 9,173 shares of the company’s stock worth $698,000 after acquiring an additional 143 shares in the last quarter. 83.41% of the stock is owned by institutional investors.

Sysco Trading Up 1.7%

NYSE SYY opened at $82.09 on Friday. Sysco Corporation has a 52 week low of $68.19 and a 52 week high of $91.85. The company has a debt-to-equity ratio of 5.58, a quick ratio of 0.80 and a current ratio of 1.33. The stock’s 50 day moving average price is $78.44 and its two-hundred day moving average price is $79.44. The stock has a market capitalization of $39.25 billion, a price-to-earnings ratio of 22.74, a PEG ratio of 3.08 and a beta of 0.64.

Sysco (NYSE:SYY – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.94 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.01). Sysco had a return on equity of 103.57% and a net margin of 2.08%.The business had revenue of $20.52 billion for the quarter, compared to the consensus estimate of $20.56 billion. During the same period in the prior year, the business earned $0.96 earnings per share. Sysco’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. As a group, analysts anticipate that Sysco Corporation will post 4.59 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Sysco news, Director John M. Hinshaw bought 13,304 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired 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 owned 40,200 shares in the company, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Sysco in a report on Friday, June 26th. Melius Research cut Sysco from a “hold” rating to a “sell” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft lowered Sysco from a “buy” rating to a “hold” rating and set a $84.00 price objective for the company. in a research report on Tuesday, April 28th. Morgan Stanley raised their target price on shares of Sysco from $84.00 to $88.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, 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 research note on Thursday, April 2nd. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $88.38.

View 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.