Sysco (NYSE:SYY) Cut to Hold at Wall Street Zen

Posted by Francis Steltz on Oct 27th, 2026

Wall Street Zen lowered shares of Sysco (NYSE:SYY – Free Report) from a buy rating to a hold rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Several other brokerages also recently issued reports on SYY. Guggenheim reiterated a “buy” rating and set a $90.00 price objective on shares of Sysco in a research report on Wednesday, September 16th. JPMorgan Chase & Co. lowered their target price on Sysco from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 29th. Citigroup lifted their target price on Sysco from $82.00 to $86.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. UBS Group boosted their price target on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, Piper Sandler increased their price target on Sysco from $77.00 to $84.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $90.42.

Read Our Latest Research Report on SYY

Sysco Stock Performance

Shares of SYY opened at $82.19 on Friday. Sysco has a 1 year low of $68.19 and a 1 year high of $91.85. The company has a market cap of $40.43 billion, a price-to-earnings ratio of 17.65, a price-to-earnings-growth ratio of 2.79 and a beta of 0.64. The company has a debt-to-equity ratio of 4.62, a quick ratio of 0.77 and a current ratio of 1.28. The firm has a fifty day moving average of $80.55 and a 200-day moving average of $80.29.

Sysco (NYSE:SYY – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.51 by $0.02. Sysco had a net margin of 2.08% and a return on equity of 95.05%. The business had revenue of $22.12 billion during the quarter, compared to analyst estimates of $21.95 billion. During the same quarter in the prior year, the firm earned $1.48 earnings per share. The company’s quarterly revenue was up 4.7% on a year-over-year basis. 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, equities analysts anticipate that Sysco will post 5.09 earnings per share for the current year.

Sysco Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, October 2nd were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, October 2nd. Sysco’s dividend payout ratio is currently 60.11%.

Insider Activity

In related news, EVP Ronald Phillips sold 7,350 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $83.61, for a total transaction of $614,533.50. Following the transaction, the executive vice president owned 38,650 shares in the company, valued at $3,231,526.50. This trade represents a 15.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 15,525 shares of company stock valued at $1,299,736 in the last ninety days. Company insiders own 0.55% of the company’s stock.

Institutional Investors Weigh In On Sysco

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sunbelt Securities Inc. increased its position in shares of Sysco by 87.6% during the 1st quarter. Sunbelt Securities Inc. now owns 364 shares of the company’s stock valued at $26,000 after purchasing an additional 170 shares during the period. N.E.W. Advisory Services LLC bought a new stake in shares of Sysco in the 2nd quarter worth $29,000. Markowski Investments bought a new stake in shares of Sysco in the 2nd quarter worth $31,000. Evolution Wealth Management Inc. lifted its holdings in shares of Sysco by 257.6% in the first quarter. Evolution Wealth Management Inc. now owns 447 shares of the company’s stock valued at $32,000 after buying an additional 322 shares during the period. Finally, Parvin Asset Management LLC acquired a new stake in shares of Sysco in the second quarter valued at $32,000. Institutional investors own 83.41% of the company’s stock.

About Sysco

(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.