Sysco (NYSE:SYY) Posts Quarterly Earnings Results, Hits Estimates

Posted by George Bondi on Nov 3rd, 2026

Sysco (NYSE:SYY – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $1.19 EPS for the quarter, hitting the consensus estimate of $1.19, FiscalAI reports. The firm had revenue of $21.74 billion during the quarter, compared to analyst estimates of $22.02 billion. Sysco had a return on equity of 95.05% and a net margin of 2.08%. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.15 EPS.

Sysco Stock Down 4.4%

NYSE SYY traded down $3.60 during trading on Tuesday, hitting $78.14. The company’s stock had a trading volume of 1,355,813 shares, compared to its average volume of 3,978,873. The company has a debt-to-equity ratio of 4.62, a current ratio of 1.28 and a quick ratio of 0.77. The company has a market cap of $38.44 billion, a PE ratio of 21.35, a P/E/G ratio of 2.31 and a beta of 0.66. The business’s 50 day simple moving average is $80.49 and its 200-day simple moving average is $80.54. Sysco has a fifty-two week low of $68.19 and a fifty-two week high of $91.85.

Sysco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Friday, October 2nd were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Friday, October 2nd. Sysco’s dividend payout ratio (DPR) is currently 60.11%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SYY. Weiss Ratings upgraded Sysco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 15th. Guggenheim reissued a “buy” rating and set a $90.00 price target on shares of Sysco in a research report on Wednesday, September 16th. Morgan Stanley increased their price target on shares of Sysco from $88.00 to $91.00 and gave the company an “equal weight” rating in a research report on Thursday, October 15th. Piper Sandler raised their price target on shares of Sysco from $77.00 to $84.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Sysco from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 29th. Nine research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Sysco has a consensus rating of “Moderate Buy” and an average target price of $90.42.

Get Our Latest Stock Analysis on Sysco

Insider Activity

In related news, EVP Ronald Phillips sold 7,350 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $83.61, for a total value of $614,533.50. Following the completion of the transaction, the executive vice president directly owned 38,650 shares of the company’s stock, valued at $3,231,526.50. This trade represents a 15.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 a total of 15,525 shares of company stock worth $1,299,736 in the last 90 days. Corporate insiders own 0.55% of the company’s stock.

Sysco Company Profile

(Get Free Report)

Sysco Corporation is a global foodservice distribution company headquartered in Houston, Texas. It supplies food and related products to restaurants, healthcare and educational institutions, hotels, government facilities, and other foodservice operators.

The company distributes a broad range of products, including fresh and frozen foods, meat and seafood, produce, dairy products, canned and packaged goods, beverages, and specialty food items. Sysco also provides nonfood products such as kitchen and dining supplies, equipment, and cleaning products, along with services intended to help customers manage menus, procurement, and operations.

Founded in 1969, Sysco serves customers primarily across the United States and Canada, as well as in parts of Europe and other international markets.