DMKC Advisory Services LLC Increases Stock Position in Sysco Corporation $SYY

DMKC Advisory Services LLC grew its holdings in shares of Sysco Corporation (NYSE:SYY) by 15.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,338 shares of the company’s stock after buying an additional 6,887 shares during the period. Sysco accounts for approximately 0.8% of DMKC Advisory Services LLC’s holdings, making the stock its 29th biggest position. DMKC Advisory Services LLC’s holdings in Sysco were worth $4,207,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in Sysco during the fourth quarter worth about $542,780,000. Wellington Management Group LLP increased its stake in shares of Sysco by 3,977.1% during the third quarter. Wellington Management Group LLP now owns 4,711,376 shares of the company’s stock valued at $387,935,000 after purchasing an additional 4,595,819 shares in the last quarter. First Nebraska Trust Co purchased a new position in shares of Sysco during the first quarter valued at approximately $156,697,000. Goldman Sachs Group Inc. boosted its position in shares of Sysco by 45.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,651,682 shares of the company’s stock worth $416,472,000 after purchasing an additional 1,754,306 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Sysco by 128.7% in the 1st quarter. Royal Bank of Canada now owns 2,357,585 shares of the company’s stock worth $168,166,000 after buying an additional 1,326,600 shares during the last quarter. 83.41% of the stock is currently owned by institutional investors.

Sysco Stock Up 1.8%

SYY stock opened at $84.25 on Thursday. The company has a market cap of $40.33 billion, a price-to-earnings ratio of 23.02, a P/E/G ratio of 3.18 and a beta of 0.64. The company has a debt-to-equity ratio of 4.62, a quick ratio of 0.80 and a current ratio of 1.28. The business’s 50-day moving average is $80.97 and its two-hundred day moving average is $80.32. Sysco Corporation has a fifty-two week low of $68.19 and a fifty-two week high of $91.85.

Sysco (NYSE:SYY) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.02. Sysco had a return on equity of 95.05% and a net margin of 2.08%.The business had revenue of $22.12 billion during the quarter, compared to the consensus estimate of $21.95 billion. During the same period in the previous year, the company posted $1.48 EPS. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. Sysco has set its FY 2027 guidance at 5.025-5.117 EPS and its Q1 2027 guidance at 1.180-1.200 EPS. As a group, analysts forecast that Sysco Corporation will post 5.08 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on SYY. Wall Street Zen cut Sysco from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Sanford C. Bernstein reduced their price target on Sysco from $90.00 to $85.00 and set a “market perform” rating for the company in a report on Wednesday, April 29th. Melius Research lowered Sysco from a “hold” rating to a “sell” rating in a research report on Tuesday, July 7th. Morgan Stanley increased their price objective on shares of Sysco from $84.00 to $88.00 and gave the company an “equal weight” rating in a research report on Thursday, July 16th. Finally, Piper Sandler raised their target price on shares of Sysco from $77.00 to $84.00 and gave the stock a “neutral” rating in a report on Wednesday. Eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Sysco currently has a consensus rating of “Hold” and a consensus price target of $89.50.

Insider Buying and Selling

In other Sysco news, Director John M. Hinshaw purchased 13,304 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were acquired at an average cost of $75.17 per share, for a total transaction of $1,000,061.68. Following the completion of the transaction, the director owned 40,200 shares of the company’s stock, valued at approximately $3,021,834. The trade was a 49.46% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

Key Stories Impacting Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Quarterly results exceeded expectations. Sysco reported fiscal Q4 revenue of $22.12 billion, above the $21.95 billion consensus estimate, while adjusted EPS of $1.53 topped expectations of $1.51 and increased from $1.48 a year earlier. Sales rose 4.7%, supported by 2.5% U.S. case-volume growth and stronger local and international customer demand. Reuters earnings report
• Positive Sentiment: Fiscal 2027 guidance was above Wall Street expectations. Sysco forecast adjusted EPS of $5.025-$5.117, compared with a $4.96 consensus, and revenue of $89.6-$90.5 billion versus an $88.7 billion estimate. The outlook calls for 6%-7% sales growth and 9%-11% adjusted EPS growth, helped by approximately $100 million in planned cost reductions and AI-enabled productivity initiatives. Sysco fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: Profitability and shareholder returns provided additional support. Q4 operating income increased 10.6% to $983 million, and Sysco returned roughly $1.2 billion to shareholders through dividends and repurchases during fiscal 2026.
• Neutral Sentiment: Citigroup raised its price target but maintained a neutral rating. The firm increased its target on SYY from $82 to $86, signaling modest upside while stopping short of a bullish recommendation. Benzinga analyst price target report
• Negative Sentiment: A cyclosporiasis outbreak is creating a supply and reputational risk. Sysco stopped purchasing iceberg lettuce from Mexico and Taylor Farms amid the outbreak in the United States. The decision may temporarily disrupt sourcing and sales, although it reduces potential food-safety exposure. Reuters lettuce supply report
• Negative Sentiment: Underlying risks remain. Fiscal-year GAAP net earnings declined 3.9%, while Q4 gross margin fell 17 basis points as product-cost inflation and investments pressured profitability.

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.