Sysco Corporation $SYY Holdings Decreased by Wellington Management Group LLP

Posted by Geri Gentry on Sep 1st, 2026

Wellington Management Group LLP lowered its stake in Sysco Corporation (NYSE:SYY – Free Report) by 43.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,497,163 shares of the company’s stock after selling 1,918,348 shares during the quarter. Wellington Management Group LLP’s holdings in Sysco were worth $208,713,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nicholas Company Inc. bought a new position in Sysco during the 4th quarter valued at $2,278,000. United Capital Financial Advisors LLC bought a new stake in shares of Sysco in the 2nd quarter worth $2,633,000. Rakuten Investment Management Inc. acquired a new stake in shares of Sysco in the second quarter valued at $6,523,000. Norges Bank acquired a new stake in shares of Sysco in the fourth quarter valued at $542,780,000. Finally, Empowered Funds LLC bought a new position in Sysco during the second quarter valued at about $9,370,000. Institutional investors own 83.41% of the company’s stock.

Sysco Stock Performance

Shares of NYSE SYY opened at $81.14 on Tuesday. The company has a quick ratio of 0.77, a current ratio of 1.28 and a debt-to-equity ratio of 4.62. The stock has a market capitalization of $38.87 billion, a price-to-earnings ratio of 22.17, a PEG ratio of 2.80 and a beta of 0.64. The stock’s fifty day simple moving average is $83.11 and its 200 day simple moving average is $80.50. Sysco Corporation has a 52-week low of $68.19 and a 52-week high of $91.85.

Sysco (NYSE:SYY – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.51 by $0.02. Sysco had a return on equity of 95.05% and a net margin of 2.08%.The business had revenue of $22.12 billion during the quarter, compared to the consensus estimate of $21.95 billion. During the same period in the prior year, the business posted $1.48 earnings per share. Sysco’s revenue was up 4.7% compared to the same quarter last year. Sysco has set its FY 2027 guidance at 5.025-5.117 EPS and its Q1 2027 guidance at 1.180-1.200 EPS. As a group, sell-side analysts forecast that Sysco Corporation will post 5.12 earnings per share for the current fiscal year.

Sysco Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $2.20 dividend on an annualized basis and a yield of 2.7%. Sysco’s dividend payout ratio is currently 60.11%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SYY. Melius Research lowered Sysco from a “hold” rating to a “sell” rating in a report on Tuesday, July 7th. Piper Sandler raised their price objective on shares of Sysco from $77.00 to $84.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Morgan Stanley lifted their price objective on shares of Sysco from $84.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 16th. UBS Group boosted their target price on shares of Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Sysco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 19th. Nine analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.50.

Check Out Our Latest Stock Analysis on SYY

Insider Buying and Selling

In other Sysco news, EVP Ronald L. Phillips sold 506 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $84.09, for a total value of $42,549.54. Following the completion of the transaction, the executive vice president directly owned 36,313 shares in the company, valued at $3,053,560.17. This trade represents a 1.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 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. Insiders have sold 14,508 shares of company stock worth $1,215,250 over the last ninety days. 0.56% of the stock is currently owned by corporate insiders.

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.