Sysco (NYSE:SYY) Updates Q4 2026 Earnings Guidance

29 Apr 2026, 16:12 by Scott Moore · The Cerbat Gem

Sysco (NYSE:SYY – Get Free Report) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.510-1.510 for the period, compared to the consensus estimate of 1.510. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of research firms have issued reports on SYY. Weiss Ratings cut shares of Sysco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. Guggenheim cut their target price on Sysco from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Morgan Stanley lowered their price target on Sysco from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. Sanford C. Bernstein set a $85.00 price target on Sysco in a research note on Wednesday. Finally, Jefferies Financial Group increased their price objective on Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.36.

View Our Latest Stock Analysis on Sysco

Sysco Stock Up 0.3%

Sysco stock traded up $0.24 during mid-day trading on Wednesday, reaching $73.61. 3,327,273 shares of the company’s stock were exchanged, compared to its average volume of 4,717,135. The company has a market cap of $35.25 billion, a P/E ratio of 19.79, a P/E/G ratio of 2.72 and a beta of 0.69. The company has a fifty day moving average of $80.56 and a 200-day moving average of $78.47. Sysco has a twelve month low of $68.19 and a twelve month high of $91.85. The company has a quick ratio of 0.75, a current ratio of 1.30 and a debt-to-equity ratio of 5.45.

Sysco (NYSE:SYY – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.94 earnings per share for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.01). Sysco had a return on equity of 109.21% and a net margin of 2.17%.The firm had revenue of $20.52 billion for the quarter, compared to analysts’ expectations of $20.56 billion. During the same quarter in the previous year, the company posted $0.96 earnings per share. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. Sysco has set its Q4 2026 guidance at 1.510-1.510 EPS. Sell-side analysts expect that Sysco will post 4.59 EPS for the current year.

Sysco Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Thursday, July 2nd will be given a $0.55 dividend. This is a boost from Sysco’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.0%. Sysco’s payout ratio is currently 58.06%.

Insider Activity

In other Sysco news, Director Sheila Talton sold 2,801 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $82.99, for a total transaction of $232,454.99. Following the completion of the sale, the director directly owned 12,868 shares of the company’s stock, valued at $1,067,915.32. This represents a 17.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.56% of the stock is currently owned by company insiders.

Key Stories Impacting Sysco

Here are the key news stories impacting Sysco this week:

Positive Sentiment: Bank of America kept a Buy rating on SYY (although it trimmed its price target), signaling continued analyst confidence in Sysco’s longer‑term outlook. BofA Maintains Buy Rating on Sysco
Positive Sentiment: Management flagged local volume momentum and is prioritizing growth through Restaurant Depot after a solid quarter — investors view the strategic push into value/self‑service channels as a potential revenue growth lever. Sysco Bets Big on Restaurant Depot
Positive Sentiment: Proposed federal legislation (S.4367, the “Hot Rotisserie Chicken Act”) would allow SNAP benefits to be used for hot rotisserie chicken — a change that could raise demand for ready‑to‑eat food products supplied to grocers and foodservice channels. This is a potential long‑term tailwind if enacted. Hot Rotisserie Chicken Act
Neutral Sentiment: Barclays trimmed its price target from $92 to $86 but kept an Overweight rating — mixed analyst action (lower PT but positive rating) leaves the medium‑term view constructive but slightly more cautious. Barclays Lowers PT
Neutral Sentiment: Sysco set Q4 FY2026 EPS guidance at $1.510 (midpoint equals consensus), which removes surprise risk on guidance but offers limited upside from the outlook alone. Sysco Reports Q3 Results (Press Release)
Negative Sentiment: Q3 results slightly missed estimates — EPS $0.94 vs. $0.95 consensus and revenue $20.52B vs. $20.56B — and higher incentive compensation and operating costs eroded profits, prompting downside near‑term pressure. Zacks: Sysco Q3 Miss on Incentive Cost Headwinds
Negative Sentiment: Several outlets flagged a revenue miss and cost pressure that led to a weaker immediate market reaction after the release — this explains recent volatility and why some investors remain cautious on margins. Seeking Alpha: Sales vs. Cost Headwinds

Hedge Funds Weigh In On Sysco

Hedge funds and other institutional investors have recently bought and sold shares of the company. Motiv8 Investments LLC bought a new stake in Sysco in the fourth quarter valued at about $25,000. Darwin Wealth Management LLC bought a new position in shares of Sysco in the second quarter valued at approximately $31,000. Measured Wealth Private Client Group LLC bought a new position in shares of Sysco in the third quarter valued at approximately $34,000. Caitong International Asset Management Co. Ltd bought a new position in Sysco in the 3rd quarter worth approximately $36,000. Finally, Headlands Technologies LLC bought a new position in Sysco in the 2nd quarter worth approximately $42,000. 83.41% of the stock is owned by institutional investors and hedge funds.

Sysco Company Profile

(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.

Founded in 1969 and headquartered in Houston, Texas, Sysco has grown through both organic expansion and acquisitions.