Aurdan Capital Management LLC Has $2.54 Million Stock Position in Sysco Corporation $SYY

Aurdan Capital Management LLC lessened its stake in Sysco Corporation (NYSE:SYY) by 30.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,795 shares of the company’s stock after selling 13,597 shares during the quarter. Sysco makes up 0.8% of Aurdan Capital Management LLC’s holdings, making the stock its 27th biggest position. Aurdan Capital Management LLC’s holdings in Sysco were worth $2,536,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in SYY. Intech Investment Management LLC lifted its stake in Sysco by 53.1% in the 1st quarter. Intech Investment Management LLC now owns 22,310 shares of the company’s stock valued at $1,674,000 after purchasing an additional 7,742 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in Sysco in the second quarter valued at approximately $118,000. Valeo Financial Advisors LLC lifted its position in shares of Sysco by 10.3% in the second quarter. Valeo Financial Advisors LLC now owns 8,865 shares of the company’s stock valued at $671,000 after buying an additional 825 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its stake in shares of Sysco by 15.4% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 5,386 shares of the company’s stock worth $408,000 after acquiring an additional 719 shares during the period. Finally, Shell Asset Management Co. increased its holdings in shares of Sysco by 31.6% during the 2nd quarter. Shell Asset Management Co. now owns 19,218 shares of the company’s stock worth $1,456,000 after acquiring an additional 4,620 shares during the last quarter. 83.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SYY has been the subject of several research reports. Sanford C. Bernstein set a $90.00 price target on Sysco and gave the company a “market perform” rating in a report on Wednesday, January 28th. Piper Sandler raised their target price on shares of Sysco from $80.00 to $83.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. JPMorgan Chase & Co. lifted their target price on shares of Sysco from $85.00 to $87.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Argus upgraded shares of Sysco to a “hold” rating in a research note on Thursday, January 29th. Finally, Wall Street Zen downgraded shares of Sysco from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Sysco presently has an average rating of “Moderate Buy” and an average price target of $89.38.

Insider Buying and Selling at Sysco

In other Sysco news, EVP Ronald L. Phillips sold 5,601 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $81.00, for a total value of $453,681.00. Following the transaction, the executive vice president directly owned 35,965 shares of the company’s stock, valued at $2,913,165. This trade represents a 13.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sheila Talton sold 2,801 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $82.99, for a total transaction of $232,454.99. Following the completion of the transaction, the director owned 12,868 shares of the company’s stock, valued at $1,067,915.32. The trade was a 17.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.56% of the company’s stock.

Sysco Price Performance

NYSE:SYY opened at $84.48 on Friday. The company has a debt-to-equity ratio of 5.45, a quick ratio of 0.75 and a current ratio of 1.30. The firm has a market cap of $40.46 billion, a price-to-earnings ratio of 22.71, a P/E/G ratio of 2.63 and a beta of 0.61. Sysco Corporation has a 52 week low of $67.12 and a 52 week high of $85.90. The firm’s 50-day simple moving average is $76.29 and its 200 day simple moving average is $78.09.

Sysco (NYSE:SYY) last announced its earnings results on Tuesday, January 27th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. Sysco had a net margin of 2.17% and a return on equity of 109.21%. The firm had revenue of $20.76 billion for the quarter, compared to analyst estimates of $20.80 billion. During the same quarter in the prior year, the business posted $0.93 EPS. The business’s revenue was up 3.0% compared to the same quarter last year. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. As a group, sell-side analysts predict that Sysco Corporation will post 4.58 earnings per share for the current year.

Sysco Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Stockholders of record on Friday, January 2nd were given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Friday, January 2nd. Sysco’s dividend payout ratio is presently 58.06%.

Sysco Company Profile

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.