Short Interest in Sysco Corporation (NYSE:SYY) Drops By 17.9%

Sysco Corporation (NYSE:SYY) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 11,258,928 shares, a drop of 17.9% from the February 26th total of 13,722,003 shares. Approximately 2.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,369,659 shares, the short-interest ratio is currently 3.3 days.

Sysco Price Performance

Sysco stock traded up $0.81 during mid-day trading on Wednesday, hitting $72.14. The company’s stock had a trading volume of 2,176,940 shares, compared to its average volume of 4,308,979. The stock has a market capitalization of $34.55 billion, a P/E ratio of 19.41, a P/E/G ratio of 2.15 and a beta of 0.58. Sysco has a twelve month low of $67.12 and a twelve month high of $91.85. The stock’s fifty day moving average price is $84.63 and its two-hundred day moving average price is $79.47. 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) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The company had revenue of $20.76 billion during the quarter, compared to the consensus estimate of $20.80 billion. Sysco had a return on equity of 109.21% and a net margin of 2.17%.The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.93 EPS. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. Research analysts forecast that Sysco will post 4.58 earnings per share for the current year.

Sysco Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Thursday, April 2nd will be given a $0.54 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.0%. Sysco’s dividend payout ratio (DPR) is 58.06%.

Insider Transactions at Sysco

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

Institutional Trading of Sysco

Institutional investors and hedge funds have recently bought and sold shares of the stock. Gateway Investment Advisers LLC lifted its holdings in shares of Sysco by 594.8% during the 3rd quarter. Gateway Investment Advisers LLC now owns 85,622 shares of the company’s stock valued at $7,050,000 after buying an additional 73,298 shares during the last quarter. Norges Bank acquired a new position in Sysco in the second quarter worth approximately $493,686,000. AE Wealth Management LLC increased its holdings in Sysco by 320.9% in the third quarter. AE Wealth Management LLC now owns 79,589 shares of the company’s stock worth $6,553,000 after buying an additional 60,680 shares during the last quarter. Krilogy Financial LLC raised its position in Sysco by 65.6% during the third quarter. Krilogy Financial LLC now owns 42,435 shares of the company’s stock valued at $3,494,000 after acquiring an additional 16,807 shares in the last quarter. Finally, Accurate Wealth Management LLC acquired a new stake in Sysco in the third quarter valued at approximately $2,497,000. Institutional investors and hedge funds own 83.41% of the company’s stock.

Trending Headlines about Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Deal expands Sysco into the higher‑margin cash‑and‑carry channel with expected synergies and EPS accretion over time — management argues the transaction creates meaningful growth and free‑cash‑flow upside. SYY’s Jetro Deal Opens a New Growth Path
• Positive Sentiment: Management is publicly defending the acquisition as a “gem” and strategic fit — CEO appearances aim to reassure investors on integration and long‑term value. CEO Kevin Hourican on $29B Jetro deal
• Neutral Sentiment: Unusual options activity: heavy buying of call options was reported around the announcement, indicating some traders are speculating on a rebound even as the stock falls. This is short‑term speculative interest rather than guaranteed upside. Stock Traders Purchase High Volume of Call Options on Sysco
• Negative Sentiment: Shares plunged after the $29.1B deal announcement as investors reacted to the size of the transaction and near‑term dilution/financial strain. Market moves reflect concern about execution risk and timing. Sysco Stock Just Plunged Into Oversold Territory
• Negative Sentiment: Credit and target risk: Citi cut its price target and reiterated a Neutral rating citing the company’s increased debt load and the time it may take to disprove the bear case. That downgrade pressured sentiment. Sysco Receives a Downgrade From Citi Due to Debt Load
• Negative Sentiment: Financing details worry investors: Sysco plans roughly $21B of new debt and will issue ~91.5M shares to fund the deal and has paused buybacks — raising leverage and dilution concerns that hurt near‑term valuation. Sysco shares slide as investors digest leverage and dilution
• Negative Sentiment: Analyst and market questions on execution and regulatory risk remain — several writeups flag integration complexity and potential antitrust/regulatory scrutiny that could delay or complicate expected benefits. Sysco: Acquisition Of Jetro Comes With Some Questions

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on SYY shares. Sanford C. Bernstein set a $90.00 price target on Sysco and gave the company a “market perform” rating in a research note on Wednesday, January 28th. Jefferies Financial Group boosted their price objective on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Weiss Ratings lowered Sysco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday. Argus raised Sysco to a “hold” rating in a report on Thursday, January 29th. Finally, Barclays boosted their price target on shares of Sysco from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $89.08.

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.