Raiffeisen Bank International AG Acquires New Shares in Sysco Corporation $SYY
Raiffeisen Bank International AG significantly increased its stake in Sysco Corporation, acquiring over 189,905 shares valued at approximately $15.54 million. This move is part of broader institutional investor activity, with Sysco stock experiencing a 0.4% increase and holding a "Moderate Buy" consensus rating from analysts, who anticipate a strong performance with an average price target of $90.31. The company recently reported better-than-expected quarterly EPS of $0.99 and provided optimistic FY2026 guidance.
Sysco (SYY) PT Lifted by Guggenheim as Firm Highlights Importance of Local Case Growth
Guggenheim has raised its price target for Sysco (SYY) to $95 from $91, maintaining a Buy rating, despite the stock's significant outperformance against the S&P 500 this year, emphasizing the need to monitor local case growth. Sysco recently exceeded Q2 expectations and increased its full-year profit outlook, driven by strong demand in its US business, international sales growth, and effective cost control measures. The company's performance was bolstered by consistent restaurant traffic and sustained spending from higher-income consumers, even as lower-income households showed more caution.
Sysco (SYY) PT Lifted by Guggenheim as Firm Highlights Importance of Local Case Growth
Guggenheim recently raised its price target for Sysco (SYY) to $95 from $91, maintaining a Buy rating. The firm emphasized the growing importance of local case growth following Sysco's significant performance relative to the S&P 500 this year. Sysco had previously increased its full-year profit outlook after strong Q2 results, driven by robust demand in its US business and international segment growth.
Sysco Supports Its Rural Farm Suppliers - Meet The Supplier: Jam Bothy
Sysco highlights its support for rural farm suppliers through a partnership with Jam Bothy, an award-winning Scottish jam producer. Jam Bothy, founded by Kim Cameron in 2013, uses seasonally picked fresh berries from local farmers to create its 100% natural, small-batch jams, which are now part of Sysco's Brakes Scotland range. This collaboration showcases Sysco's commitment to quality local ingredients and supporting rural economies.
Sysco Supports Its Rural Farm Suppliers - Meet The Supplier: Jam Bothy
Sysco highlights its support for rural farm suppliers through a feature on Jam Bothy, an award-winning Scottish jam producer. Founded by Kim Cameron in 2013, Jam Bothy uses fresh, seasonal berries from local farmers to create 100% natural, handcrafted jams, now distributed by Sysco's Brakes Scotland to foodservice outlets. Sysco, a global leader in food product distribution, emphasizes its commitment to quality ingredients and supporting local producers.
CenterBook Partners LP Invests $1.61 Million in Sysco Corporation $SYY
CenterBook Partners LP has acquired a new stake of 19,600 shares in Sysco Corporation (NYSE:SYY), valued at approximately $1.61 million. This investment comes as several other institutional investors have also adjusted their holdings in Sysco. Analysts currently rate Sysco as a "Moderate Buy" with a consensus target price of $90.31, despite recent insider stock sales.
Sysco Corporation Presents at Consumer Analyst Group of New York Conference
Sysco Corporation presented at the Consumer Analyst Group of New York Conference, where CEO Kevin Hourican and CFO Kenny Cheung discussed the company's strong fiscal '25 sales of $81 billion. They highlighted Sysco's balanced business model, serving approximately 730,000 customer locations, with 60% of sales from local restaurants and 40% from recession-resistant sectors. The presentation focused on strategic initiatives aimed at driving structural improvements and achieving durable, compounding performance in the evolving food-away-from-home market.
Sysco sued over alleged unlawful tobacco surcharge in employee health plans
Sysco is facing a class action lawsuit alleging it unlawfully imposed a discriminatory and punitive health insurance surcharge on employees who use tobacco products. Plaintiffs argue that Sysco violated ERISA by charging a $23.08 biweekly "tobacco surcharge" without offering a compliant wellness program or a reasonable alternative standard to avoid the charge. The lawsuit claims this practice disproportionately burdens low-income workers and seeks to represent a nationwide class of affected individuals who paid the surcharge since 2014.
Jim Cramer on Sysco: “The business is clearly doing better than people thought”
Jim Cramer highlighted Sysco's strong business performance, noting that the company is doing better than market expectations. This positive outlook suggests confidence in Sysco's current operational execution and financial health.
Sysco Pilots Local Sourcing Program As Valuation Signals Potential Upside
Sysco (NYSE: SYY) is launching a pilot program called "Home Grown by Sysco" to offer locally sourced and artisan food, aiming to expand its local supplier network and enhance sustainability. This initiative comes as the company's stock shows positive momentum, having gained 29.8% over the past year, and Simply Wall St's valuation model suggests potential upside with the stock trading below its estimated fair value. Investors are advised to monitor the program's scalability, impact on customer adoption, and its effects on Sysco's margins.
Sysco sued over alleged unlawful tobacco surcharge in employee health plans
Sysco is facing a class action lawsuit for allegedly imposing unlawful and discriminatory tobacco surcharges on its employee health plans. Plaintiffs Julie Avalos and Randy Wolfe claim Sysco violated ERISA by charging a biweekly "tobacco surcharge" without providing a compliant wellness program that offers a reasonable alternative standard to avoid the fee. The lawsuit argues that this practice disproportionately impacts low-income workers and undermines ERISA's intent to protect employees from health-based discrimination.
Why Sysco is tagging 10,000 local foods for diners across the U.S. and Canada
Sysco is launching a "Home Grown by Sysco" pilot program to highlight approximately 10,000 locally sourced and artisan products on its Sysco Shop platform. The pilot will begin on February 24 across select regions in the U.S. and Canada, with a target for U.S. expansion within 12 months. This initiative is part of Sysco's sustainability strategy to strengthen local supply chains and respond to growing diner demand for locally sourced foods.
Home Grown by Sysco pilot program launches in 3 U.S. regions, locally sourced program includes parts of Canada
Sysco Corporation has launched a pilot "Home Grown by Sysco" program to expand the availability of locally sourced foods and artisan products to customers across three U.S. regions and parts of Canada. The program aims to make approximately 10,000 locally sourced products easily identifiable on Sysco's platforms and plans to expand across the entire U.S. within the next year. This initiative is part of Sysco's broader sustainability strategy, responding to increased customer demand for local products and supporting small businesses and independent restaurants.
Home Grown by Sysco pilot program launches in 3 U.S. regions, locally sourced program includes parts of Canada
Sysco Corporation is launching a pilot "Home Grown by Sysco" program to bring locally sourced foods and artisan products to more customers. This initiative will make it easier for sales teams and customers to identify about 10,000 local products on the Sysco Shop website and app. The pilot begins on February 24 in the U.S. Great Lakes, Northeast, and South Florida regions, as well as Montreal and British Columbia in Canada, with plans to expand across the U.S. within 12 months.
FDA updates peanut butter recall that includes product from Houston wholesaler
The FDA has updated a nationwide recall for peanut butter that may contain blue plastic foreign material. The recall includes products distributed by Houston-based Sysco Corporation and Independent Marketing Alliance, which distributed peanut butter under its "House Recipe" and "Katy's Kitchen" brands, respectively. Although Sysco began its recall process months ago, the FDA's recent Class II designation indicates a remote probability of serious health effects.
Vanguard Group Inc. Sells 1,200,104 Shares of Sysco Corporation $SYY
Vanguard Group Inc. reduced its stake in Sysco Corporation (NYSE:SYY) by 1.9%, selling over 1.2 million shares and holding 61.49 million shares valued at $5.063 billion as of the third quarter. Despite this, analysts maintain a "Moderate Buy" rating with a consensus price target of $89.69. Sysco recently exceeded quarterly EPS estimates and provided positive FY2026 guidance, while insider transactions show both sales and purchases by other funds.
Aberdeen Group plc Has $27.45 Million Stake in Sysco Corporation $SYY
Aberdeen Group plc reduced its stake in Sysco Corporation (NYSE:SYY) by 21.0% in the third quarter, now owning 334,464 shares valued at $27.45 million. Despite this reduction, several other institutional investors increased their holdings in Sysco. Analysts currently hold a "Moderate Buy" consensus rating for Sysco, with a price target of $89.69, while company insiders have recently sold shares.
Shell Asset Management Co. Has $517,000 Stake in Sysco Corporation $SYY
Shell Asset Management Co. significantly reduced its stake in Sysco Corporation by 67.3% in Q3, selling 12,936 shares, yet still holding 6,282 shares valued at $517,000. Despite this, institutional ownership remains high at 83.41%, with other firms like Norges Bank and Gateway Investment Advisers making substantial investments. Sysco exceeded its quarterly EPS estimates and provided positive FY2026 guidance, maintaining a "Moderate Buy" analyst consensus with a target price of $89.69.
Sysco stock hits all-time high at $91.53
Sysco Corporation's stock reached an all-time high of $91.53, marking a significant milestone driven by a strong 1-year total return and investor confidence in its growth strategies. Despite an "overbought" RSI according to InvestingPro, the company maintains a "GOOD" financial health rating and a 56-year dividend payment streak. Recent Q2 FY2026 earnings beat expectations, though Moody's downgraded its credit rating due to increased debt levels, while Guggenheim raised its price target to $95.
Sysco Corporation stock hits 52-week high at 91.5 USD
Sysco Corporation (SYY) stock has reached a 52-week high of $91.50 USD, currently trading slightly above this at $91.76, reflecting a 30.94% increase over the past year. Despite an InvestingPro analysis suggesting it may still be undervalued, its RSI indicates it is in overbought territory. The company recently surpassed Q2 fiscal year 2026 earnings expectations, though Moody's downgraded its long-term ratings due to increased debt, while Guggenheim raised its price target to $95 with a Buy rating.
Sysco stock hits all-time high at $91.53 By Investing.com
Sysco Corporation's stock has reached an all-time high of $91.53, driven by a 30.94% increase over the past year and robust company performance. Despite a "GOOD" financial health rating and 56 consecutive years of dividend payments, InvestingPro analysis suggests the stock might still be undervalued, though RSI indicates it's in overbought territory. Recent positive Q2 2026 earnings, which surpassed analyst expectations, further bolstered investor confidence, even as Moody’s downgraded Sysco's credit rating due to increased debt levels.
Sysco Corporation stock hits 52-week high at 91.5 USD By Investing.com
Sysco Corporation's stock has hit a 52-week high of $91.50, currently trading at $91.76, reflecting strong investor confidence with a 30.94% increase over the past year. Despite the milestone, InvestingPro suggests the stock might still be undervalued, though its RSI indicates it is in overbought territory. The company recently surpassed Q2 fiscal year 2026 earnings and revenue estimates, although Moody's downgraded its long-term ratings due to increasing debt, while Guggenheim raised its price target.
Mondrian Investment Partners LTD Buys Shares of 1,727,437 Sysco Corporation $SYY
Mondrian Investment Partners LTD acquired a new stake of 1,727,437 shares in Sysco Corporation, valued at approximately $142.24 million, making it their 14th largest position. Sysco reported Q3 EPS of $0.99 and revenue of $20.76 billion, with a consensus "Moderate Buy" rating and a price target of $89.69. Institutional investors hold 83.41% of Sysco's stock, while company insiders recently sold shares, reducing their ownership to about 0.56%.
Glenview Trust Co Lowers Holdings in Sysco Corporation $SYY
Glenview Trust Co significantly reduced its holdings in Sysco Corporation (NYSE:SYY) by 53.1% in the third quarter, selling 161,055 shares. Despite this, other institutions like Norges Bank and Vanguard Group Inc. increased their stakes, with institutional investors and hedge funds owning 83.41% of the stock. Insider selling also occurred, with EVP Ronald L. Phillips and Director Sheila Talton offloading shares.
Sysco Corporation $SYY Shares Sold by PNC Financial Services Group Inc.
PNC Financial Services Group Inc. reduced its stake in Sysco Corporation (NYSE:SYY) by 4.2% in the third quarter, selling 20,276 shares and retaining 462,580 shares valued at approximately $38.09 million. Sysco reported Q earnings of $0.99 EPS, beating estimates, and revenue of $20.76 billion. The company has a "Moderate Buy" consensus rating with a target price of $89.69, and recent insider selling was noted.
Assetmark Inc. Buys 22,582 Shares of Sysco Corporation $SYY
Assetmark Inc. increased its stake in Sysco Corporation (NYSE:SYY) by 30.5% in the third quarter, acquiring an additional 22,582 shares, bringing its total holdings to 96,599 shares valued at $7.95 million. Other institutional investors also adjusted their positions in SYY. The article also notes recent insider stock sales by Sysco executives and provides an overview of analyst ratings, stock performance metrics, and the company's latest earnings report.
Sysco receives top honors from National Cattlemen’s Beef Association
Sysco, the world's largest foodservice company, has been awarded the 2026 Beef Quality Assurance (BQA) Marketer of the Year by the National Cattlemen’s Beef Association. This recognition stems from Sysco's "Raised With Respect" initiative, a partnership with Certified Angus Beef, aimed at promoting responsible beef production and animal care. The program provides ongoing education and BQA certifications, having achieved over 3,000 certifications since its launch in 2023, with a goal of 1,000 more in 2026.
Oppenheimer Asset Management Inc. Sells 21,596 Shares of US Foods Holding Corp. $USFD
Oppenheimer Asset Management Inc. reduced its stake in US Foods Holding Corp. by 69.4% in the third quarter, selling 21,596 shares and retaining 9,508 shares valued at $729,000. Despite the sell-off, US Foods beat Q4 EPS expectations and raised its FY-2026 EPS guidance, although revenue missed estimates. Analyst ratings remain a "Moderate Buy" with an average target price of $107.33, and institutional investors own 98.76% of the stock.
Caprock Group LLC Purchases New Position in Sysco Corporation $SYY
Caprock Group LLC has acquired a new position in Sysco Corporation (NYSE:SYY) during the third quarter, purchasing 13,747 shares valued at approximately $1.106 million. Despite recent insider selling by executives Ronald L. Phillips and Sheila Talton, analysts have largely issued "Buy" ratings and raised price targets for Sysco, with a consensus target price of $89.69. Sysco reported solid quarterly earnings, beating estimates by $0.01 EPS and showing a 3.0% year-over-year revenue increase.
ABN Amro Investment Solutions Reduces Stake in Sysco Corporation $SYY
ABN Amro Investment Solutions decreased its holdings in Sysco Corporation (NYSE:SYY) by 28.8% in the third quarter, now owning 77,494 shares valued at $6.38 million. Other institutional investors adjusted their stakes, with several increasing their positions. Sysco currently holds a "Moderate Buy" consensus rating from analysts, with a target price of $89.69.
Troy Asset Management Ltd Raises Stake in Sysco Corporation $SYY
Troy Asset Management Ltd increased its stake in Sysco Corporation by 13.0% in Q3, now owning 447,432 shares valued at approximately $36.84 million, making Sysco its 17th-largest holding. Other institutional investors like Norges Bank and Vanguard Group also have significant stakes in Sysco, with overall institutional ownership at about 83.41%. The company reported strong Q3 earnings, beating EPS estimates, and analysts maintain a "Moderate Buy" rating with an average price target of $89.69.
Sysco Issues $1.25 Billion in New Senior Notes
Sysco Corporation has issued new senior notes totaling $1.25 billion, comprising $600 million due in 2031 and $650 million due in 2036, to be used for general corporate purposes and repaying short-term debt. The notes feature optional redemption and change-of-control repurchase protections. Analysts maintain a Buy rating on Sysco stock with a $95.00 price target, while TipRanks' AI Analyst, Spark, rates SYY as Neutral due to stable performance, balance-sheet leverage, and positive guidance.
Varma Mutual Pension Insurance Co Buys 11,500 Shares of Sysco Corporation $SYY
Varma Mutual Pension Insurance Co increased its stake in Sysco Corporation by 8.8% in the third quarter, acquiring an additional 11,500 shares, bringing its total holdings to 141,507 shares valued at $11.65 million. This move is consistent with high institutional ownership in Sysco, with firms like Norges Bank and Vanguard Group holding significant positions. Sysco maintains a "Moderate Buy" analyst rating with a consensus price target of $89.69, following a recent EPS beat and positive FY2026 guidance.
Cibc World Market Inc. Buys 100,191 Shares of Sysco Corporation $SYY
Cibc World Market Inc. significantly increased its stake in Sysco Corporation (NYSE:SYY) during Q3, purchasing an additional 100,191 shares, bringing its total holdings to $11.21 million. Sysco analysts maintain a "Moderate Buy" rating with an average target of $89.69, following recent increases in price targets. The company recently reported slightly better-than-expected EPS and a 3% revenue increase, guiding for $4.60 EPS in FY2026.
Guggenheim Maintains Sysco Corp(SYY.US) With Buy Rating, Raises Target Price to $95
Guggenheim analyst John Heinbockel has re-affirmed a "Buy" rating for Sysco Corp (SYY.US) and increased the target price from $91 to $95. According to TipRanks data, Heinbockel has a 66.1% success rate and an average return of 11.9% over the past year. TipRanks provides analysis data from financial analysts, calculating average returns and success rates for their recommendations.
Assessing Performance Food Group’s Valuation After Profit Miss And Ongoing Integration Headwinds
Performance Food Group (PFGC) recently reported a quarterly profit miss due to integration costs and deflation, despite revenue growth. The stock has seen positive year-to-date and one-year returns, and analysts view it as undervalued with a fair value of $117.46, suggesting a 19.8% discount from its current trading price. However, its high P/E ratio of 44.6x, almost double the industry average, warrants caution despite the intrinsic valuation.
Sysco Issues $1.25 Billion in New Senior Notes
Sysco Corporation has raised approximately $1.24 billion by issuing new unsecured senior notes due in 2031 and 2036. The company intends to use these proceeds for general corporate purposes, specifically to refinance short-term debt and optimize its capital structure. An analyst maintains a Buy rating on SYY stock with a $95.00 price target, while TipRanks' AI Analyst Spark rates SYY as Neutral due to stable performance but high leverage.
Guggenheim raises Sysco stock price target to $95 on manageable debt outlook
Guggenheim increased its price target for Sysco (NYSE:SYY) to $95 from $91, maintaining a "Buy" rating, citing the company's manageable debt refinancing outlook. Despite recent gains and a downgrade by Moody's on long-term ratings due to increased debt, Sysco surpassed Q2 fiscal year 2026 earnings and revenue expectations. Guggenheim views the debt refinancing as a modest headwind that will not significantly impact earnings per share.
Chefs' Warehouse (CHEF) Is Up 5.7% After Buybacks And Accretive M&A Focus - Has The Bull Case Changed?
Chefs' Warehouse recently reported strong Q4 and full-year 2025 results, with increased sales and net income. The company is actively pursuing share buybacks and disciplined, accretive acquisitions to expand its specialty food platform. This strategy combines organic growth with strategic M&A to enhance its investment narrative, although integration risks and cost inflation remain key considerations.
Guggenheim raises Sysco stock price target to $95 on manageable debt outlook
Guggenheim has increased its price target for Sysco (NYSE:SYY) to $95 from $91, maintaining a Buy rating, citing the company's manageable debt refinancing outlook. This positive outlook comes despite a recent downgrade of Sysco's long-term ratings by Moody's due to increased debt outpacing earnings growth, though Moody's also changed the outlook to stable. The firm noted that current debt refinancings from "generationally low interest rate levels" should only lead to nominal increases in annual interest expense without impacting the earnings per share outlook.
Performance Food Group stock steadies near $98 after an 8% surge — here’s what Wall Street is watching
Performance Food Group (PFGC) shares maintained steady ground near $98 after an 8% surge, driven by renewed investor interest in food distributors following US Foods' strong Q4 report. The company is actively working on a $1.06 billion debt refinancing, issuing 5.625% senior notes due 2034, which is expected to close next week. Despite positive Q2 fiscal results, PFG faces ongoing challenges from volatile commodity prices and slim profit margins within the food distribution sector.
Sysco (SYY) Target Price Raised by Guggenheim to $95 | SYY Stock News
Guggenheim has reiterated its "Buy" rating for Sysco (SYY) and escalated its price target to $95 from $91, indicating a 4.40% increase. This adjustment reflects a positive outlook, aligning with similar target price raises by other analysts like Barclays, Wells Fargo, JP Morgan, and Jefferies in late January 2026. Sysco, the largest U.S. foodservice distributor, continues to garner confidence from leading analysts regarding its performance and growth potential.
Longbow Finance SA Increases Stake in US Foods Holding Corp. $USFD
Longbow Finance SA significantly increased its stake in US Foods Holding Corp. by 37.2% in Q3, bringing its total to 134,859 shares valued at over $10 million. This comes as US Foods reported strong Q4 EPS and raised its FY-2026 EPS guidance, despite slight misses on Q4 revenue and FY revenue guidance. Institutional ownership remains very high at 98.76%, with analysts holding a "Moderate Buy" consensus.
Sysco Stock Under Pressure: Can the Foodservice Giant Regain Its Momentum?
Sysco's stock has recently experienced modest pressure, despite solid long-term gains and a steady dividend, raising questions for investors about its future momentum. The company reported higher sales and profitability in its latest quarterly earnings, driven by normalizing food purchases and cost management, though market reaction was mixed due to valuation concerns. Wall Street analysts maintain a cautiously constructive view on Sysco, anticipating mid-single to high-single-digit annual total returns, anchored by steady earnings and dividends, rather than explosive growth.
Rhumbline Advisers Reduces Holdings in Sysco Corporation $SYY
Rhumbline Advisers recently reduced its stake in Sysco Corporation (NYSE:SYY) by 2.4% during the third quarter, selling 24,432 shares to now own 984,631 shares valued at $81,074,000. Despite this reduction, other institutional investors increased their positions in SYY during the same period. Sysco's financial performance showed a slight earnings beat and a revenue increase in its latest quarterly report, with analysts maintaining a "Moderate Buy" consensus rating and a target price of $89.38.
Guggenheim raises Sysco stock price target to $95 on manageable debt outlook
Guggenheim raised its price target for Sysco (NYSE:SYY) to $95 from $91, maintaining a Buy rating due to the company's manageable debt refinancing outlook. While Sysco faces approximately $3 billion in sub-4% senior debt refinancing, Guggenheim expects only nominal increases in interest expense and no impact on EPS. The firm maintained EPS estimates and noted Sysco's strong year-to-date performance against the S&P 500, emphasizing the importance of achieving targeted second-half local case growth.
Sysco Corporation $SYY Shares Purchased by Illinois Municipal Retirement Fund
The Illinois Municipal Retirement Fund increased its holdings in Sysco Corporation (NYSE:SYY) by 17.3% in the third quarter, acquiring an additional 27,460 shares. Other institutional investors also adjusted their positions in the company. Sysco recently reported earnings per share of $0.99, beating analyst estimates, and has received a "Moderate Buy" consensus rating from analysts.
Sysco Earns Top Honors from National Cattlemen’s Beef Association (NCBA)
Sysco, the world's largest foodservice company, has been awarded the 2026 Beef Quality Assurance (BQA) Marketer of the Year by the National Cattlemen’s Beef Association (NCBA). This recognition honors Sysco's "Raised With Respect TM" initiative, a collaboration with Certified Angus Beef, which promotes responsible beef production practices and provides education and BQA certifications to farmers and ranchers. The program aims to build consumer trust by highlighting animal care and environmental stewardship in the beef industry.
SYSCO TEAMSTERS IN CHICAGO AND MONTANA AUTHORIZE STRIKE
Over 500 Sysco drivers and warehouse workers in Chicago and Montana have voted by a 99.5 percent margin to authorize a strike, demanding wage increases, stronger benefits, and improved working conditions. These Teamsters assert that their demands are justified given Sysco's substantial net profits of $1.8 billion in 2025 and their critical role in the company's success, with a history of recently securing strong agreements in other regions.
After Stalling Out, PBJ May Be Finally Be Ready To Deliver For Investors
The Invesco Food & Beverage ETF (PBJ) offers pure-play exposure to the food and beverage industry, concentrating on 30 holdings. While it has shown defensive strength with double-digit gains year-to-date, outperforming the S&P 500, its long-term performance over five years has lagged due to slower growth in the sector. Investors must weigh the concentration risk, with top 10 holdings representing 45% of assets, and commodity cost pressures against its defensive characteristics.
