Brokerages Set Sysco Corporation (NYSE:SYY) Target Price at $88.15

14 Jul 2026, 07:19 by Michael Walen · The Markets Daily

Shares of Sysco Corporation (NYSE:SYY – Get Free Report) have received an average recommendation of “Hold” from the seventeen research firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $88.1538.

A number of brokerages have recently weighed in on SYY. UBS Group reduced their price target on shares of Sysco from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Piper Sandler dropped their price objective on shares of Sysco from $83.00 to $77.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Sysco in a report on Friday, June 26th. Sanford C. Bernstein decreased their price target on shares of Sysco from $90.00 to $85.00 and set a “market perform” rating for the company in a report on Wednesday, April 29th. Finally, Melius Research downgraded Sysco from a “hold” rating to a “sell” rating in a research report on Tuesday, July 7th.

Check Out Our Latest Research Report on SYY

Sysco Price Performance

Shares of SYY stock opened at $83.46 on Thursday. The firm has a market cap of $39.91 billion, a P/E ratio of 23.12, a P/E/G ratio of 3.17 and a beta of 0.64. The firm has a fifty day moving average of $77.91 and a two-hundred day moving average of $79.28. The company has a debt-to-equity ratio of 5.58, a current ratio of 1.33 and a quick ratio of 0.80. Sysco has a 1-year low of $68.19 and a 1-year high of $91.85.

Sysco (NYSE:SYY – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.94 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.01). The business had revenue of $20.52 billion during the quarter, compared to analyst estimates of $20.56 billion. Sysco had a net margin of 2.08% and a return on equity of 103.57%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $0.96 earnings per share. Sysco has set its Q4 2026 guidance at 1.510-1.510 EPS. As a group, research analysts anticipate that Sysco will post 4.59 earnings per share for the current fiscal year.

Sysco Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This is a boost from Sysco’s previous quarterly dividend of $0.54. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.6%. Sysco’s dividend payout ratio (DPR) is 60.94%.

Insider Buying and Selling

In other news, Director John M. Hinshaw bought 13,304 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was bought at an average price of $75.17 per share, for a total transaction of $1,000,061.68. Following the completion of the purchase, the director owned 40,200 shares of the company’s stock, valued at approximately $3,021,834. The trade was a 49.46% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.56% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Teacher Retirement System of Texas grew its stake in shares of Sysco by 8.0% during the fourth quarter. Teacher Retirement System of Texas now owns 370,571 shares of the company’s stock worth $27,307,000 after purchasing an additional 27,510 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in Sysco by 9.5% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 412,423 shares of the company’s stock worth $30,445,000 after buying an additional 35,647 shares during the period. Nicholas Company Inc. bought a new stake in Sysco in the 4th quarter valued at $2,278,000. Nordea Investment Management AB boosted its position in shares of Sysco by 38.8% during the fourth quarter. Nordea Investment Management AB now owns 1,952,615 shares of the company’s stock worth $144,552,000 after buying an additional 545,688 shares during the period. Finally, Norges Bank acquired a new position in Sysco during the 4th quarter worth approximately $542,780,000. 83.41% of the stock is currently owned by institutional investors.

About Sysco

(Get 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.