Universal Beteiligungs und Servicegesellschaft mbH Purchases 22,649 Shares of Sysco Corporation $SYY

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Sysco Corporation (NYSE:SYY) by 5.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 419,480 shares of the company’s stock after buying an additional 22,649 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Sysco were worth $31,771,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Boston Partners raised its stake in shares of Sysco by 24.8% during the first quarter. Boston Partners now owns 15,199,828 shares of the company’s stock worth $1,139,798,000 after buying an additional 3,015,714 shares during the last quarter. Nuveen LLC bought a new stake in shares of Sysco during the 1st quarter valued at $85,341,000. Amundi raised its position in shares of Sysco by 36.5% during the 1st quarter. Amundi now owns 3,725,508 shares of the company’s stock valued at $280,941,000 after acquiring an additional 995,498 shares during the last quarter. Mackenzie Financial Corp lifted its stake in shares of Sysco by 1,940.1% in the 1st quarter. Mackenzie Financial Corp now owns 1,016,660 shares of the company’s stock valued at $76,290,000 after purchasing an additional 966,826 shares during the period. Finally, Burgundy Asset Management Ltd. boosted its position in shares of Sysco by 38.8% in the 1st quarter. Burgundy Asset Management Ltd. now owns 2,015,994 shares of the company’s stock worth $151,280,000 after purchasing an additional 563,921 shares during the last quarter. 83.41% of the stock is currently owned by institutional investors and hedge funds.

Sysco Stock Up 0.6%

SYY stock opened at $75.15 on Tuesday. The company has a debt-to-equity ratio of 5.54, a current ratio of 1.15 and a quick ratio of 0.70. The stock has a market capitalization of $35.99 billion, a P/E ratio of 20.15, a P/E/G ratio of 2.19 and a beta of 0.79. Sysco Corporation has a fifty-two week low of $67.12 and a fifty-two week high of $83.47. The business has a 50-day moving average of $78.68 and a 200-day moving average of $77.30.

Sysco (NYSE:SYY) last released its earnings results on Tuesday, October 28th. The company reported $1.15 EPS for the quarter, beating the consensus estimate of $1.12 by $0.03. The firm had revenue of $21.15 billion for the quarter, compared to analysts’ expectations of $21.03 billion. Sysco had a return on equity of 112.04% and a net margin of 2.21%.The business’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.09 EPS. Sysco has set its FY 2026 guidance at 4.500-4.600 EPS. On average, sell-side analysts anticipate that Sysco Corporation will post 4.58 earnings per share for the current fiscal year.

Sysco Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Friday, January 2nd will be given a $0.54 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $2.16 dividend on an annualized basis and a yield of 2.9%. Sysco’s dividend payout ratio (DPR) is 57.91%.

Analysts Set New Price Targets

Several equities analysts have weighed in on SYY shares. Wells Fargo & Company set a $88.00 target price on Sysco and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Truist Financial lifted their target price on Sysco from $81.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Barclays increased their price target on Sysco from $82.00 to $86.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Citigroup decreased their price objective on Sysco from $86.00 to $82.00 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Finally, UBS Group set a $90.00 target price on Sysco in a research note on Wednesday, July 30th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Sysco currently has an average rating of “Moderate Buy” and an average target price of $87.00.

Insider Transactions at Sysco

In other Sysco news, EVP Ronald L. Phillips sold 961 shares of the business’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $81.00, for a total transaction of $77,841.00. Following the sale, the executive vice president directly owned 41,501 shares of the company’s stock, valued at $3,361,581. The trade was a 2.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.56% of the company’s stock.

Sysco Company Profile

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments.