Traub Capital Management LLC Invests $443,000 in Sysco Corporation $SYY

Traub Capital Management LLC bought a new position in Sysco Corporation (NYSE:SYY) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 5,850 shares of the company’s stock, valued at approximately $443,000.

Other large investors have also added to or reduced their stakes in the company. Chung Wu Investment Group LLC purchased a new stake in Sysco in the second quarter valued at approximately $30,000. N.E.W. Advisory Services LLC purchased a new stake in Sysco during the first quarter worth $33,000. Hantz Financial Services Inc. raised its position in shares of Sysco by 234.3% in the second quarter. Hantz Financial Services Inc. now owns 458 shares of the company’s stock worth $35,000 after acquiring an additional 321 shares during the period. 1248 Management LLC purchased a new stake in shares of Sysco during the 1st quarter worth about $35,000. Finally, Cheviot Value Management LLC acquired a new stake in shares of Sysco during the 1st quarter valued at about $34,000. Hedge funds and other institutional investors own 83.41% of the company’s stock.

Sysco Stock Up 1.1%

NYSE SYY opened at $75.96 on Wednesday. The business’s fifty day simple moving average is $78.58 and its 200-day simple moving average is $77.34. The company has a quick ratio of 0.70, a current ratio of 1.15 and a debt-to-equity ratio of 5.54. The firm has a market cap of $36.37 billion, a PE ratio of 20.36, a P/E/G ratio of 2.19 and a beta of 0.79. Sysco Corporation has a 52 week low of $67.12 and a 52 week high of $83.47.

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

Sysco Dividend Announcement

The firm also recently disclosed 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. This represents a $2.16 annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, January 2nd. Sysco’s dividend payout ratio is presently 57.91%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Citigroup dropped their price objective on Sysco from $86.00 to $82.00 and set a “neutral” rating on the stock in a report on Monday, November 3rd. Wall Street Zen downgraded shares of Sysco from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Morgan Stanley set a $88.00 price objective on Sysco in a report on Tuesday, October 21st. Guggenheim raised their target price on Sysco from $87.00 to $89.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Finally, Barclays boosted their price target on Sysco from $82.00 to $86.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Sysco currently has a consensus 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 Sysco stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $81.00, for a total value of $77,841.00. Following the sale, the executive vice president owned 41,501 shares in the company, valued at $3,361,581. The trade was a 2.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is currently owned by company insiders.

About Sysco

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.