Ronald Phillips Sells 960 Shares of Sysco (NYSE:SYY) Stock

Posted by George Bondi on Sep 17th, 2026

Sysco Corporation (NYSE:SYY – Get Free Report) EVP Ronald Phillips sold 960 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $83.00, for a total transaction of $79,680.00. Following the completion of the sale, the executive vice president owned 49,852 shares in the company, valued at $4,137,716. This represents a 1.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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.

Sysco Price Performance

Shares of SYY opened at $78.63 on Thursday. The firm has a fifty day simple moving average of $82.67 and a two-hundred day simple moving average of $79.79. The firm has a market cap of $37.71 billion, a PE ratio of 21.48, a P/E/G ratio of 2.74 and a beta of 0.63. The company has a current ratio of 1.28, a quick ratio of 0.77 and a debt-to-equity ratio of 4.62. Sysco Corporation has a 1-year low of $68.19 and a 1-year high of $91.85.

Sysco (NYSE:SYY – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.51 by $0.02. The firm had revenue of $22.12 billion for the quarter, compared to the consensus estimate of $21.95 billion. Sysco had a return on equity of 95.05% and a net margin of 2.08%.The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the business posted $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, equities analysts anticipate that Sysco Corporation will post 5.07 EPS for the current year.

Sysco Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Friday, October 2nd will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, October 2nd. Sysco’s dividend payout ratio is 60.11%.

Institutional Investors Weigh In On Sysco

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SYY. Cary Street Partners Investment Advisory LLC grew its stake in shares of Sysco by 11.1% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,469 shares of the company’s stock worth $108,000 after acquiring an additional 147 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in Sysco by 7.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 2,241 shares of the company’s stock valued at $187,000 after purchasing an additional 147 shares during the period. EagleClaw Capital Managment LLC boosted its holdings in Sysco by 0.3% in the 4th quarter. EagleClaw Capital Managment LLC now owns 44,485 shares of the company’s stock valued at $3,278,000 after purchasing an additional 150 shares during the period. Plimoth Trust Co. LLC grew its position in Sysco by 4.2% in the 1st quarter. Plimoth Trust Co. LLC now owns 3,744 shares of the company’s stock worth $267,000 after purchasing an additional 150 shares during the last quarter. Finally, Park National Corp OH increased its holdings in shares of Sysco by 1.8% during the 1st quarter. Park National Corp OH now owns 9,102 shares of the company’s stock worth $649,000 after purchasing an additional 163 shares during the period. Institutional investors own 83.41% of the company’s stock.

Sysco News Roundup

Here are the key news stories impacting Sysco this week:

Positive Sentiment: Sysco priced a public offering of 12,345,679 common shares at $81 per share, expected to generate approximately $1 billion. Management intends to use the proceeds to support strategic acquisition funding, including the planned Jetro Restaurant Depot transaction, which could expand Sysco’s foodservice distribution platform and growth opportunities. Sysco Announces Pricing of Common Stock Offering
Positive Sentiment: Sysco was highlighted as a defensive-style stock that may offer relative stability during market volatility, supported by recurring demand for food distribution from restaurants, institutions and other commercial customers. 3 Defensive-Styled Stocks to Help Weather Volatility
Neutral Sentiment: Executive Vice President Ronald Phillips sold a combined 1,017 shares for roughly $84,486. The transactions were made under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards, making them a limited signal of management’s outlook. SEC insider transaction filing
Negative Sentiment: The share issuance will dilute existing Sysco shareholders. Pricing at $81—below the stock’s recent trading range—also signaled near-term selling pressure, helping explain why SYY has decreased and underperformed some competitors. Sysco Plans $1 Billion Common Stock Offering

Analysts Set New Price Targets

A number of analysts have commented on SYY shares. Wall Street Zen cut shares of Sysco from a “buy” rating to a “hold” rating in a report on Sunday, September 6th. Piper Sandler lifted their price target on shares of Sysco from $77.00 to $84.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Morgan Stanley boosted their price objective on shares of Sysco from $84.00 to $88.00 and gave the company an “equal weight” rating in a research report on Thursday, July 16th. Weiss Ratings upgraded Sysco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, September 10th. Finally, UBS Group raised their target price on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Nine analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $89.50.

View Our Latest Report on Sysco

Sysco Company Profile

(Get Free Report)

Sysco Corporation (NYSE:SYY) is a global foodservice distributor that supplies restaurants, health care and educational institutions, hospitality businesses, government facilities, and other customers. Its product portfolio includes fresh and frozen foods, meat and seafood, dairy products, produce, pantry staples, beverages, and specialty items, along with nonfood products such as kitchen equipment, cleaning supplies, and disposable serving products.

In addition to distribution, Sysco provides services designed to support foodservice operators, including menu planning, culinary consulting, merchandising assistance, supply-chain solutions, and business-management resources.