Sysco stock falls 1.01 percent as analysts see USD 90.17
Sysco Corp. (SYY) stock fell 1.01 percent to USD 76.70 on October 5, 2026, despite analysts setting an average target price of USD 90.17, representing a 17.6 percent upside. The company's fiscal 2026 sales increased by 3.9 percent to USD 84.6 billion, and adjusted EPS rose to USD 4.61, though GAAP diluted EPS declined. Sysco is financing part of its acquisition of Jetro Restaurant Depot with a USD 1.0 billion common-stock offering.
Eastern Bank Buys 178,847 Shares of Sysco Corporation $SYY
Eastern Bank increased its stake in Sysco Corporation (NYSE:SYY) by 47.6% in the third quarter, acquiring an additional 178,847 shares to own a total of 554,261 shares valued at $43.21 million. Other institutional investors have also adjusted their holdings in Sysco. The article also details recent insider stock sales, current stock performance metrics, dividend announcements, and analyst ratings, with an average "Moderate Buy" rating and a target price of $90.17 for Sysco.
Sysco Honored with Southern Smoke Foundation Hall of Flame Award
Sysco Corporation has been recognized with the 2026 Southern Smoke Foundation Hall of Flame Award for its extensive support of food and beverage industry workers. This award acknowledges Sysco's financial contributions and product donations that help fund emergency relief and mental health services for hospitality workers. Sysco emphasizes that this partnership aligns with its purpose of connecting the world to share food and care for one another, and they are also a presenting sponsor of the Southern Smoke Festival 2026.
Sysco raises growth targets while Sysco stock costs EUR 69.05
Sysco Corporation has raised its mid-term growth targets for fiscal years 2028 and 2029, with annualized net sales growth targeted at 4%-7% and adjusted earnings per share growth at 9%-11%. The company aims for significant AI-powered efficiency savings of at least $500 million by fiscal 2029 to support these targets. Sysco stock was trading at EUR 69.05 on October 5, 2026, at Lang & Schwarz.
Lamb Weston (LW) Soars 5.9%: Is Further Upside Left in the Stock?
Lamb Weston (LW) shares rose 5.9% to $43.6, driven by improved operational confidence, North American customer wins, and stronger cost discipline. The company anticipates quarterly earnings of $0.59 per share, a 20.3% year-over-year decrease, with revenues expected to be down 0.3% to $1.65 billion. The stock currently holds a Zacks Rank #3 (Hold), with positive earnings estimate revisions suggesting potential for further appreciation.
Sysco stock raises medium term targets with AI savings plan
Sysco Corporation has raised its medium-term growth targets, with adjusted EPS growth projected at 9% to 11% and net sales growth at 4% to 7% for fiscal years 2028 and 2029. The company plans to achieve at least $500 million in savings by fiscal 2029 through a new AI-powered efficiency program. Despite a restrained market reaction to the announcement, the stock maintains a "Moderate Buy" consensus from analysts, with an average price target significantly above its current trading price.
Bunge Global S.A. Stock Grades | BG
This article provides stock grades and financial data for Bunge Global S.A. (BG). It includes analyst ratings, key financial metrics like market value, EPS, and dividend yield, and details about the company's business segments. The stock data is delayed, and the average price target from 12 ratings is $145.20 with an average "Sell" score.
Sysco (NYSE:SYY) Stock Rating Upgraded by Wall Street Zen
Wall Street Zen has upgraded Sysco (NYSE:SYY) from a "hold" to a "buy" rating, reflecting a "Moderate Buy" consensus among analysts with an average price target of $90.17. The upgrade follows Sysco's strong quarterly results, which surpassed expectations with EPS of $1.53 and revenue of $22.12 billion, marking a 4.7% year-over-year increase. Despite a recent executive stock sale for tax obligations, institutional investors hold a significant 83.41% of the company's shares.
Sysco Director Daniel J. Brutto Acquires 63 Shares via 2018 Omnibus Incentive Plan Instead of Cash Retainer
Sysco Corp director Daniel J. Brutto acquired 63 shares of common stock on September 30, 2026, opting for shares over a portion of his annual cash retainer fees. This transaction, conducted under the 2018 Omnibus Incentive Plan, increased his direct holdings to 38,792.532 shares, with each share valued at $78.49. The acquisition was disclosed in a Form 4 filed with the U.S. Securities and Exchange Commission.
Sysco Director Larry C. Glasscock Acquires 334 Shares Through Retainer Fee Conversion
Sysco Corp director Larry C. Glasscock acquired 334 shares of common stock on September 30, 2026, as part of his annual cash retainer fees. The shares, valued at $78.49 each, were deferred under the company's 2009 Board of Directors Stock Deferral Plan. Following this transaction, Glasscock's direct beneficial ownership in Sysco amounts to 105,171.492 shares.
US legislators, independent restaurants step up opposition to proposed Sysco-Restaurant Depot merger
U.S. legislators and independent restaurants are intensifying their opposition to Sysco's proposed USD 29.1 billion acquisition of Restaurant Depot. Opponents argue that the merger would reduce competition, raise prices for independent restaurants and consumers, and eliminate a crucial alternative to broadline distributors. Despite Sysco's confidence in FTC approval, past attempts by the company to acquire competitors have been blocked due to anti-competitive concerns.
SYSCO CORP ($SYY) CEO 2026 Pay Revealed
SYSCO CORP ($SYY) CEO Kevin P. Hourican's estimated compensation for 2026 is $17,899,369, marking a 9.33% increase from 2025, based on a recent DEF14A SEC filing. The article also details insider trading activity, government contracts awarded to SYSCO, significant hedge fund movements in SYY stock, and recent analyst price targets for the company.
Sysco stock after-hours reference at EUR 68.80 prior close
Sysco's stock closed at EUR 68.80 in after-hours trading on September 30, 2026, and the company reaffirmed its fiscal 2027 guidance for adjusted earnings per share growth of 9% to 11% and net sales growth of approximately 6% to 7%, targeting about $90 billion. Sysco also announced a plan to achieve at least $500 million in AI-powered efficiency savings by fiscal 2029, with $100 million expected in fiscal 2027.
Performance Food Group Company (PFGC) Stock Forecasts
Performance Food Group Company (PFGC) is a leading foodservice distributor in the US, with sales nearing $68 billion in fiscal 2026. The company primarily serves restaurants and institutions through its foodservice segment. An analyst report from Morningstar on September 28, 2026, suggests that while Performance Food's investments resonate with independents, this is unlikely to create a durable competitive edge.
Keurig Dr Pepper names Russ Torres CEO of new Global Coffee Co. ahead of 2027 spin-off
Keurig Dr Pepper has appointed Russ Torres as CEO of its new Global Coffee Co., which is scheduled to spin off in early 2027. Torres will oversee the integration of KDP's and JDE Peet's coffee operations. The new company is projected to generate $16 billion in annual revenue and aims to be a focused global coffee powerhouse.
Sysco's Unmatched Scale and Judicious Investments Should Buoy Efficiencies and Account Wins
Sysco's strategic investments and extensive scale are expected to drive long-term growth and efficiency, despite competitive pressures and past sales representative turnover. The company's focus on sales and service support, digital tools, and AI integrations is projected to boost independent case volumes and achieve significant savings. These efforts underpin a positive outlook for Sysco's profitability and market position in the coming decade.
Sysco Corporation Revenue Breakdown – HAN:SYY
This article details Sysco Corporation's revenue breakdown by segment and region for the last two years. The United States Foodservice segment was the highest-performing, generating 51.49 billion EUR last year. The United States was the largest geographical contributor, accounting for 59.64 billion EUR in the last fiscal year.
Sysco Corporation Bonds — Corporate Bond Rates
This article provides a detailed list of Sysco Corporation and Sysco Holdings Corp. bonds, sorted by yield to worst. It includes key financial data such as coupon rates, maturity dates, outstanding amounts, face values, and credit ratings from S&P, Fitch, and Moody's. The content highlights bonds as a stable investment option during market volatility.
J.P. Morgan Maintains Sysco Corp(SYY.US) With Buy Rating, Cuts Target Price to $95
J.P. Morgan has reiterated its Buy rating on Sysco Corp (SYY.US) but has adjusted its price target downwards to $95. This reflects an updated valuation while still maintaining a positive outlook on the company's stock.
Sysco stock trades at EUR 69.40 as acquisition funding advances
Sysco's stock is trading at EUR 69.40, a slight increase, as the company advances its acquisition of Jetro Restaurant Depot with a C$1.5 billion senior-notes offering. This financing, along with strong fiscal fourth-quarter revenue of USD 22.12 billion, supports the deal despite a recent reduction in JPMorgan's price target for Sysco to USD 95. Analysts are recalibrating expectations for the acquisition's funding implications.
Why Sysco (SYY) Is Getting Attention Today
Sysco (SYY) is gaining attention after issuing CAD 1.5 billion in senior notes to fund its pending acquisition of JRD Unico and Warehouse Realty. Despite recent share price pullbacks, longer-term holders have seen significant returns, and the company is now trading below intrinsic value and analyst targets. The acquisition is expected to significantly boost Sysco's revenue, EBITDA, and free cash flow, although potential risks from increased leverage and slower AI efficiency gains are noted.
Sysco Corp Lobbyists, 2025
This OpenSecrets page details Sysco Corp's lobbying activities and lobbyists for 2025. It lists the firms hired, individual lobbyists, and notes that 33.3% of Sysco's named lobbyists have prior federal government experience (revolving door). The article provides a comprehensive breakdown of the lobbyists, their affiliations, and relevant filings.
JPMorgan Adjusts Price Target on Sysco to $95 From $100, Maintains Overweight Rating
JPMorgan has revised its price target for Sysco (SYY) shares, lowering it to $95 from the previous $100. Despite this adjustment, the firm has decided to maintain its "Overweight" rating on the food service distribution company's stock. The article, published by MT Newswires, provides this analyst update but restricts the full content to members.
JPMorgan Adjusts Price Target on Sysco to $95 From $100, Maintains Overweight Rating
JPMorgan has adjusted its price target for Sysco (SYY) from $100 to $95, while reiterating an Overweight rating on the stock. According to analysts, Sysco currently holds an average rating of overweight and a mean price target of $91.27. Full access to this MT Newswires article requires a premium subscription.
Sysco stock funds Jetro deal through a USD 1 billion offering
Sysco Corp. has funded its proposed acquisition of Jetro Restaurant Depot through a USD 1 billion offering of common shares priced at USD 81.00 each. While this transaction increases the company's financial leverage, Sysco aims for deleveraging and projects continued fiscal growth with an annualized AI and technology efficiency program. Analysts maintain a "Moderate Buy" consensus for Sysco stock, with an average target price above its current market value.
Gado Gado owner among Independent Restaurant Coalition's effort to fight Sysco-Restaurant Depot deal
Mariah Pisha-Duffly, owner of Portland's Gado Gado restaurant, joined 14 other restaurant owners in a trip to the U.S. Capitol to discuss issues important to independent restaurants. Organized by the Independent Restaurant Coalition, a key focus of their discussions with congressional and agency staffers was to educate officials about the potential effects of the proposed Sysco Corp. and Restaurant Depot merger.
Form 424B5 Sysco Corporation For: 28 September By Investing.com
This article announces the filing of Form 424B5 by Sysco Corporation on September 28. It provides no further details beyond this regulatory filing notification. The content is primarily a placeholder for financial market data and navigation.
Sysco stock follows CAD 1.49 billion Jetro financing
Sysco Corp. stock is trading at USD 78.46 following its CAD 1.49 billion financing for the Jetro Restaurant Depot acquisition. The company is targeting 9-11% adjusted EPS growth for fiscal 2027 and aims to reduce its leverage ratio significantly within 24 months post-acquisition. Analysts have a "Moderate Buy" consensus with an average 12-month price target of USD 89.50.
The C$1.5 billion bond sale closed; proceeds are intended for Sysco’s pending Jetro acquisition.
Sysco and its subsidiary Sysco Holdings completed a C$1.5 billion senior notes offering on September 25, 2026. The net proceeds of approximately C$1.49 billion will be used for the pending acquisition of Jetro Restaurant Depot and related expenses. The notes are subject to special mandatory redemption if the acquisition does not close.
Sysco closes C$1.5 billion senior notes offering
Sysco Corporation and its subsidiary Sysco Holdings Corporation have completed a public offering of C$1.5 billion in senior notes, consisting of C$750 million in 4.250% Senior Notes due 2030 and C$750 million in 4.800% Senior Notes due 2034. The net proceeds of approximately C$1.49 billion are intended to fund a portion of the cash consideration for the pending acquisition of Jetro Restaurant Depot. Goldman Sachs & Co. LLC, TD Securities Inc., and Merrill Lynch Canada Inc. acted as joint book-running managers for the offering.
Sysco Tapped Canada’s Bond Market To Fund A Deal
Sysco raised C$1.5 billion through a public bond sale in Canada to help finance its acquisition of Jetro Restaurant Depot. The bond deal includes a "special mandatory redemption" clause, ensuring investors are repaid if the acquisition does not close, which mitigates event risk for bondholders. This mechanism aims to make the bonds more attractive to a wider range of buyers and reduce Sysco's all-in cost of funding the transaction.
Sysco closes C$1.5 billion senior notes offering
Sysco Corporation and its subsidiary Sysco Holdings Corporation have completed a public offering of C$1.5 billion in senior notes, consisting of C$750 million at 4.250% due 2030 and C$750 million at 4.800% due 2034. The net proceeds of approximately C$1.49 billion are intended to fund a portion of the cash consideration for Sysco's pending acquisition of Jetro Restaurant Depot. If the acquisition does not proceed, the notes will be subject to special mandatory redemption.
Sysco launches multi-currency long-term debt financing program
Sysco (SYY) announced a new multi-currency long-term debt financing program, entering into multiple underwriting agreements for senior and junior subordinated notes in USD, CAD, and EUR with maturities spanning 2029 to 2066. This initiative aims to expand Sysco’s long-dated funding base and enhance financial flexibility for operations and investments. TipRanks' AI Analyst, Spark, rates SYY as Neutral, citing steady operating performance and improving cash flow tempered by balance sheet leverage and weak technical momentum.
Sysco Corporation and Sysco Holdings Corporation Issue and Sale CAD 750 Million Aggregate Principal Amount of 4.250% Senior Notes Due 2030 and CAD 750 Million Aggregate Principal Amount of 4.800% Senior Notes Due 2034
Sysco Corporation and Sysco Holdings Corporation have issued and sold CAD 750 million aggregate principal amount of 4.250% Senior Notes due 2030 and CAD 750 million aggregate principal amount of 4.800% Senior Notes due 2034. The net proceeds, approximately CAD 1.49 billion, will be used to finance a portion of the cash consideration for the pending acquisition of JRD Unico Inc. and Warehouse Realty, LLC. The notes are unsecured obligations and will pay interest semi-annually, maturing in 2030 and 2034, respectively.
Sysco Announces Closing of C$1.5 Billion Senior Notes Offering
Sysco Corporation announced the closing of a C$1.5 billion senior notes offering, consisting of C$750 million in 4.250% Senior Notes due 2030 and C$750 million in 4.800% Senior Notes due 2034. The net proceeds of approximately C$1.49 billion will be used to fund a portion of the pending acquisition of Jetro Restaurant Depot. Goldman Sachs & Co. LLC, TD Securities Inc., and Merrill Lynch Canada Inc. acted as joint book-running managers for the offering.
Sysco Announces Closing of C$1.5 Billion Senior Notes Offering
Sysco Corporation announced the closing of a C$1.5 billion senior notes offering, consisting of C$750 million in 4.250% Senior Notes due 2030 and C$750 million in 4.800% Senior Notes due 2034. The net proceeds of approximately C$1.49 billion are intended to fund a portion of the cash consideration for the pending acquisition of Jetro Restaurant Depot. Goldman Sachs & Co. LLC, TD Securities Inc., and Merrill Lynch Canada Inc. acted as joint book-running managers for the offering.
Sysco Announces Closing of C$1.5 Billion Senior Notes Offering
Sysco Corporation has closed a C$1.5 billion senior notes offering, comprising C$750 million due 2030 and C$750 million due 2034. The net proceeds, estimated at C$1.49 billion, will primarily fund a portion of the cash consideration for the pending acquisition of Jetro Restaurant Depot. Goldman Sachs & Co. LLC, TD Securities Inc., and Merrill Lynch Canada Inc. acted as joint book-running managers for the offering.
Sysco Corp. stock outperforms competitors on strong trading day
Sysco Corp. (SYY) saw its stock rise by 1.36% to $78.19 on Thursday, despite an overall downturn in the stock market. The S&P 500 Index and Dow Jones Industrial Average both experienced declines on the same day. Sysco Corp.'s stock closed 14.87% below its 52-week high.
Sysco Corp. stock slips 0.4 percent ahead of the open
Sysco Corp. stock experienced a 0.4 percent drop ahead of the open, closing at USD 82.31 on September 24, 2026. This decline occurred as the S&P 500 also fell marginally due to higher yields and geopolitical concerns. Sysco shares are set to trade ex-dividend on October 2, 2026, with a quarterly dividend of USD 0.55 per share.
Form 8K Sysco Corporation For: 24 September By Investing.com
This article announces that Sysco Corporation filed a Form 8K on September 24. It briefly mentions the company's stock performance, showing a 0.38% increase for SYY. The content is primarily a placeholder for the filing details, typical of financial news services.
Sysco launches multi-currency long-term debt financing program
Sysco Corporation has launched a multi-currency long-term debt financing program, entering into underwriting agreements for senior and subordinated notes in USD, CAD, and EUR with maturities ranging from 2029 to 2066. This initiative aims to diversify Sysco's funding base, enhance financial flexibility for operations and investments, and strengthen its balance sheet. The company's stock currently holds a "Buy" rating from analysts with a $90.00 price target, though TipRanks' AI Analyst "Spark" rates it as Neutral due to tempered valuation and technical momentum despite positive operational performance.
Form 424B5 Sysco Corporation For: 24 September By Investing.com
The article is a financial market filing notification, stating that Sysco Corporation's Form 424B5 was filed on September 24. It provides no further details about the content of the filing itself, primarily serving as an announcement of the document's publication. The rest of the content includes market data, news headlines, and navigational elements common to a financial news website.
Sysco stock gains 1.48 percent as growth targets hold
Sysco stock rose 1.48% on September 24, 2026, trading at USD 78.28, fueled by its fiscal 2027 targets of 6-7% sales growth and 9-11% adjusted EPS growth. The company also announced a USD 1.0 billion common stock offering to help finance its Jetro Restaurant Depot acquisition. Despite the gain, the stock remains 14.8% below its 52-week high, with fiscal 2026 adjusted EPS growing 3.4% to USD 4.61.
Andra AP fonden Sells 39,800 Shares of Sysco Corporation $SYY
Andra AP fonden significantly reduced its stake in Sysco Corporation, selling 39,800 shares, which represents a 57.3% cut, while still holding shares valued at $2.48 million. Institutional investors collectively own 83.41% of Sysco. The company recently exceeded quarterly earnings and revenue expectations and maintains a "Moderate Buy" consensus rating from analysts, with an average price target of $89.50.
Sysco Corporation: Prices €1.00 Bln 6.000% Ju
Sysco Corporation has priced €1.00 billion in 6.000% junior subordinated notes due in 2056, as reported in an SEC filing. This information was disseminated by Reuters and highlights a significant financial move by the company. The article also includes various disclaimers regarding the informational nature of the content provided by Moomoo.
Sysco Corp. stock heads into the open after a 0.78 percent drop
Sysco Corp. stock experienced a 0.78 percent drop, closing at USD 78.43 on September 21, 2026. This decline occurred on a day when the S&P 500 also saw a slight fall. Analysts maintain a "Moderate Buy" consensus for Sysco, with an average 12-month price target of USD 89.50.
Sysco Corporation (SYY) latest stock news and headlines
This article compiles recent news and headlines regarding Sysco Corporation (SYY), including its latest stock performance, dividend announcements, and key corporate developments. News highlights include drivers voting to join Teamsters, plans for a $1 billion common stock offering, and the introduction of a $500 million multi-year AI-powered efficiency program. The article also provides a performance overview comparing SYY's returns against the S&P 500.
Sysco stock holds near USD 78.50 as guidance supports valuation
Sysco stock closed at USD 78.50 on September 21, 2026, below its 52-week high, despite beating revenue and EPS estimates for its latest quarter. The company's fiscal 2027 EPS guidance of USD 5.025 to USD 5.117 aligns closely with analyst consensus, making execution crucial for its valuation. Analysts have an average 12-month target of USD 89.50 for Sysco, suggesting potential upside from current levels.
US Foods Holding Corp. (USFD) stock price, news, quote and history
This page provides a comprehensive overview of US Foods Holding Corp. (USFD) stock, including its current price, historical data, financial performance, and analyst ratings. It highlights that US Foods Holding Corp. is a food distribution company serving various foodservice customers in the United States and has shown strong trailing total returns compared to the S&P 500. The company's financials, key statistics, and comparisons with similar industry players are also presented.
Consumer Discretionary Stocks Q2 Recap: Benchmarking Sysco (NYSE:SYY)
This article provides a Q2 recap for consumer discretionary stocks, focusing on Sysco (NYSE:SYY) and its peers. It details Sysco's financial performance, highlighting its revenue beat but mixed results in EPS and EBITDA. The article also benchmarks Sysco against top and weakest performers in the sector, such as Howard Hughes Holdings (HHH), Matthews (MATW), Deckers (DECK), and Cushman & Wakefield (CWK), discussing their respective revenue growth, earnings, and stock performance.