Mitsubishi UFJ Asset Management Co. Ltd. Invests $101.79 Million in Sysco Corporation $SYY

Posted by Brian Himes on Aug 19th, 2026

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Sysco Corporation (NYSE:SYY – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,217,827 shares of the company’s stock, valued at approximately $101,786,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.25% of Sysco at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SYY. Montag A & Associates Inc. lifted its stake 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 worth $644,000 after acquiring an additional 123 shares during the period. United Community Bank increased its stake in shares of Sysco by 11.4% during the fourth quarter. United Community Bank now owns 1,224 shares of the company’s stock worth $90,000 after acquiring an additional 125 shares during the period. First Citizens Bank & Trust Co. raised its holdings in Sysco by 1.2% during the fourth quarter. First Citizens Bank & Trust Co. now owns 11,224 shares of the company’s stock worth $827,000 after purchasing an additional 138 shares in the last quarter. Diversify Wealth Management LLC lifted its position in Sysco by 1.6% in the fourth quarter. Diversify Wealth Management LLC now owns 9,173 shares of the company’s stock valued at $698,000 after purchasing an additional 143 shares during the period. Finally, Arax Advisory Partners lifted its position in Sysco by 2.4% in the fourth quarter. Arax Advisory Partners now owns 6,222 shares of the company’s stock valued at $458,000 after purchasing an additional 145 shares during the period. 83.41% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director John M. Hinshaw bought 13,304 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were bought at an average cost of $75.17 per share, for a total transaction of $1,000,061.68. Following the completion of the transaction, the director owned 40,200 shares in the company, valued at $3,021,834. This trade represents a 49.46% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ronald L. Phillips sold 367 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $83.39, for a total value of $30,604.13. Following the completion of the sale, the executive vice president directly owned 38,650 shares in the company, valued at $3,223,023.50. This trade represents a 0.94% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.56% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts have issued reports on SYY shares. UBS Group boosted their target price on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Citigroup raised their price target on Sysco from $82.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Melius Research downgraded Sysco from a “hold” rating to a “sell” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft lowered Sysco from a “buy” rating to a “hold” rating and set a $84.00 price objective on the stock. in a report on Tuesday, April 28th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Sysco in a report on Friday, June 26th. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Sysco has an average rating of “Hold” and a consensus price target of $89.50.

Get Our Latest Report on Sysco

Sysco Trading Up 0.3%

Shares of SYY opened at $82.07 on Wednesday. Sysco Corporation has a twelve month low of $68.19 and a twelve month high of $91.85. The company has a current ratio of 1.28, a quick ratio of 0.77 and a debt-to-equity ratio of 4.62. The firm has a market capitalization of $39.29 billion, a P/E ratio of 22.42, a PEG ratio of 2.84 and a beta of 0.64. The firm’s 50-day moving average is $82.40 and its two-hundred day moving average is $80.63.

Sysco (NYSE:SYY – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.02. The company had revenue of $22.12 billion during the quarter, compared to the consensus estimate of $21.95 billion. Sysco had a net margin of 2.08% and a return on equity of 95.05%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the firm earned $1.48 EPS. Sysco has set its FY 2027 guidance at 5.025-5.117 EPS and its Q1 2027 guidance at 1.180-1.200 EPS. On average, research analysts predict that Sysco Corporation will post 5.1 earnings per share for the current fiscal year.

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.