Sysco (NYSE:SYY) Reaches New 1-Year High After Strong Earnings

Shares of Sysco Corporation (NYSE:SYY) hit a new 52-week high during trading on Wednesday following a stronger than expected earnings report. The stock traded as high as $83.96 and last traded at $83.9120, with a volume of 11003524 shares changing hands. The stock had previously closed at $75.63.

The company reported $0.99 earnings per share for the quarter, beating 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 company had revenue of $20.76 billion for the quarter, compared to the consensus estimate of $20.80 billion. During the same quarter in the prior year, the firm earned $0.93 earnings per share. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS.

Sysco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 23rd. Investors 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 yield of 2.6%. The ex-dividend date was Friday, January 2nd. Sysco’s dividend payout ratio is 58.06%.

Key Headlines Impacting Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Sysco reported Q2 FY2026 EPS of $0.99, slightly above consensus, and management highlighted productivity initiatives and international growth as momentum drivers. Q2 2026 Earnings Call Transcript
• Positive Sentiment: Management raised FY2026 EPS guidance to $4.60, roughly in line with or slightly above street expectations (consensus ~4.58), giving investors clearer full-year earnings visibility. Q4/CY2025 Report
• Positive Sentiment: Several brokers raised price targets and ratings after the results (examples: Jefferies to $95, Truist to $94, Wells Fargo to $92, JPMorgan higher), signaling analyst confidence and supporting further upside. Analysts Raise Forecasts
• Positive Sentiment: Company said robust U.S. demand is lifting profitability and raised its annual profit outlook, a core positive for revenue mix and margin recovery. MSN: Profit Forecast
• Neutral Sentiment: Revenue of $20.76B was roughly in line with expectations but slightly below some estimates (~$20.80B); growth was positive year-over-year but not a clear upside surprise. Revenue In-Line Coverage
• Negative Sentiment: An executive (EVP Ronald L. Phillips) sold 5,601 shares at ~$81, reducing his stake by ~13.5% in that filing; insider sales can concern some investors even if not unusual. SEC Filing: Form 4

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SYY. JPMorgan Chase & Co. increased their price objective on shares of Sysco from $85.00 to $87.00 and gave the stock an “overweight” rating in a research note on Wednesday. BMO Capital Markets reiterated an “outperform” rating on shares of Sysco in a research report on Wednesday. Wells Fargo & Company lifted their price target on shares of Sysco from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Wednesday. Barclays upped their price objective on Sysco from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, UBS Group lifted their target price on Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Sysco presently has an average rating of “Moderate Buy” and a consensus price target of $89.38.

Insiders Place Their Bets

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 stock was sold at an average price of $81.00, for a total transaction of $453,681.00. Following the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.56% of the company’s stock.

Institutional Trading of Sysco

Several institutional investors have recently made changes to their positions in SYY. Jackson Grant Investment Advisers Inc. purchased a new stake in Sysco during the 3rd quarter valued at approximately $25,000. Harbor Capital Advisors Inc. boosted its position in shares of Sysco by 75.0% during the third quarter. Harbor Capital Advisors Inc. now owns 315 shares of the company’s stock worth $26,000 after acquiring an additional 135 shares during the last quarter. Peterson Wealth Services grew its stake in Sysco by 875.7% during the third quarter. Peterson Wealth Services now owns 361 shares of the company’s stock valued at $30,000 after acquiring an additional 324 shares in the last quarter. Chung Wu Investment Group LLC bought a new stake in Sysco in the 2nd quarter valued at $30,000. Finally, Marquette Asset Management LLC lifted its stake in Sysco by 367.4% in the 4th quarter. Marquette Asset Management LLC now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 316 shares in the last quarter. Hedge funds and other institutional investors own 83.41% of the company’s stock.

Sysco Price Performance

The company has a debt-to-equity ratio of 5.45, a quick ratio of 0.65 and a current ratio of 1.30. The firm’s fifty day simple moving average is $75.47 and its 200 day simple moving average is $77.86. The firm has a market cap of $40.23 billion, a P/E ratio of 22.58, a P/E/G ratio of 2.66 and a beta of 0.61.

About Sysco

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.