8,166 Shares in Sysco Corporation $SYY Bought by Sivia Capital Partners LLC

Sivia Capital Partners LLC acquired a new stake in Sysco Corporation (NYSE:SYY) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 8,166 shares of the company’s stock, valued at approximately $602,000.

Several other hedge funds also recently modified their holdings of SYY. Jackson Grant Investment Advisers Inc. bought a new position in shares of Sysco in the 3rd quarter valued at about $25,000. Lloyd Advisory Services LLC. bought a new position in shares of Sysco in the 4th quarter valued at about $25,000. Torren Management LLC bought a new position in shares of Sysco in the 4th quarter valued at about $27,000. Elyxium Wealth LLC bought a new position in shares of Sysco in the 4th quarter valued at about $28,000. Finally, Navalign LLC bought a new position in shares of Sysco in the 4th quarter valued at about $29,000. Institutional investors own 83.41% of the company’s stock.

Sysco Trading Down 1.2%

Sysco stock opened at $74.31 on Friday. Sysco Corporation has a 52 week low of $68.19 and a 52 week high of $91.85. The company has a debt-to-equity ratio of 5.58, a quick ratio of 0.80 and a current ratio of 1.33. The stock has a market capitalization of $35.53 billion, a P/E ratio of 20.58, a PEG ratio of 3.07 and a beta of 0.65. The stock has a 50-day simple moving average of $74.58 and a 200 day simple moving average of $78.11.

Sysco (NYSE:SYY) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.94 EPS for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.01). Sysco had a return on equity of 103.57% and a net margin of 2.08%.The business had revenue of $20.52 billion for the quarter, compared to the consensus estimate of $20.56 billion. During the same quarter in the previous year, the business posted $0.96 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Sysco has set its Q4 2026 guidance at 1.510-1.510 EPS. Analysts expect that Sysco Corporation will post 4.59 earnings per share for the current year.

Sysco Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Thursday, July 2nd will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 3.0%. This is a boost from Sysco’s previous quarterly dividend of $0.54. The ex-dividend date is Thursday, July 2nd. Sysco’s dividend payout ratio (DPR) is 59.83%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SYY. Weiss Ratings cut Sysco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. Wall Street Zen cut Sysco from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Piper Sandler reduced their price target on Sysco from $83.00 to $77.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Barclays reduced their price target on Sysco from $92.00 to $86.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Finally, UBS Group reduced their price target on Sysco from $95.00 to $90.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Sysco has a consensus rating of “Moderate Buy” and a consensus target price of $88.15.

Insider Transactions at Sysco

In related news, Director John M. Hinshaw acquired 13,304 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was purchased 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 directly owned 40,200 shares of the company’s stock, valued at approximately $3,021,834. The trade was a 49.46% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.56% of the stock is owned by company insiders.

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.