Sysco Corporation (NYSE:SYY) Short Interest Update

Sysco Corporation (NYSE:SYY) saw a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 11,258,928 shares, a decrease of 17.9% from the February 26th total of 13,722,003 shares. Based on an average trading volume of 3,369,659 shares, the short-interest ratio is presently 3.3 days. Currently, 2.4% of the company’s stock are sold short.

Trending Headlines about Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Deal expands Sysco into cash‑and‑carry and is forecast by some analysts to be EPS‑accretive with synergies and stronger free cash flow over time. SYY’s Jetro Deal Opens a New Growth Path in Cash & Carry
• Positive Sentiment: Company positioned to buy real estate/warehouse scale it couldn’t build quickly — operational leverage and faster network expansion could improve margins long term. Sysco is Buying the Warehouse It Could Never Build
• Neutral Sentiment: Deal mechanics: ~$29.1B enterprise value (≈$21.6B cash + 91.5M Sysco shares), expected close by mid‑to‑late 2027, and subject to regulatory approval — factual items that set the timeline and execution risk. Sysco to Acquire Jetro Restaurant Depot
• Neutral Sentiment: Analyst landscape is mixed: Wall‑street support for strategic rationale exists (multiple buy/overweight ratings earlier), but some firms are revising models while others flag the long time horizon to prove the thesis. Sysco Receives Consensus Rating
• Negative Sentiment: Citi and other shops cut targets and flagged the large incremental debt and near‑term leverage; Citi lowered its target to $72 and kept a Neutral rating — pressure on credit metrics and a pause to buybacks are key investor concerns. Sysco Receives a Downgrade From Citi Due to Debt Load
• Negative Sentiment: Market reaction: shares sold off on worries about heavy debt financing, potential dilution, integration/regulatory risk and the company pausing buybacks to de‑lever — short‑term downside risk until execution/credit path is clearer. Sysco shares slide as investors digest leverage and dilution

Wall Street Analyst Weigh In

SYY has been the subject of a number of research analyst reports. Truist Financial increased their price target on Sysco from $90.00 to $94.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Barclays upped their price objective on shares of Sysco from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Jefferies Financial Group increased their price objective on shares of Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Argus upgraded shares of Sysco to a “hold” rating in a research note on Thursday, January 29th. Finally, Wells Fargo & Company boosted their target price on shares of Sysco from $92.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Sysco presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.08.

Insider Buying and Selling

In other news, EVP Ronald L. Phillips sold 5,601 shares of the stock in a transaction 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 owned 35,965 shares in the company, valued at approximately $2,913,165. This represents a 13.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Sheila Talton sold 2,801 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $82.99, for a total value of $232,454.99. Following the completion of the sale, the director directly owned 12,868 shares of the company’s stock, valued at $1,067,915.32. The trade was a 17.88% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Sysco

Several institutional investors and hedge funds have recently modified their holdings of the stock. Jackson Grant Investment Advisers Inc. acquired a new position in Sysco in the third quarter valued at approximately $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Sysco during the 4th quarter worth approximately $25,000. Motiv8 Investments LLC purchased a new position in shares of Sysco during the 4th quarter valued at approximately $25,000. Harbor Capital Advisors Inc. increased its holdings in shares of Sysco by 75.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 315 shares of the company’s stock valued at $26,000 after purchasing an additional 135 shares in the last quarter. Finally, Torren Management LLC acquired a new position in shares of Sysco in the 4th quarter valued at $27,000. Institutional investors and hedge funds own 83.41% of the company’s stock.

Sysco Stock Performance

SYY traded up $1.98 on Tuesday, reaching $71.28. 15,498,885 shares of the stock were exchanged, compared to its average volume of 4,234,294. The company has a debt-to-equity ratio of 5.45, a current ratio of 1.30 and a quick ratio of 0.75. The company’s 50-day moving average price is $84.74 and its 200 day moving average price is $79.54. The firm has a market capitalization of $34.14 billion, a PE ratio of 19.16, a PEG ratio of 2.15 and a beta of 0.58. Sysco has a fifty-two week low of $67.12 and a fifty-two week high of $91.85.

Sysco (NYSE:SYY) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. Sysco had a return on equity of 109.21% and a net margin of 2.17%.The business had revenue of $20.76 billion for the quarter, compared to analyst estimates of $20.80 billion. During the same period in the prior year, the company earned $0.93 earnings per share. The company’s revenue was up 3.0% on a year-over-year basis. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. As a group, sell-side analysts forecast that Sysco will post 4.58 EPS for the current fiscal year.

Sysco Dividend Announcement

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

Sysco Company Profile

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.