Janus Henderson Group PLC Has $5.09 Million Position in Sysco Corporation $SYY

Janus Henderson Group PLC increased its holdings in shares of Sysco Corporation (NYSE:SYY) by 140.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 71,404 shares of the company’s stock after acquiring an additional 41,664 shares during the quarter. Janus Henderson Group PLC’s holdings in Sysco were worth $5,093,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SYY. Lloyd Advisory Services LLC. acquired a new position in shares of Sysco during the fourth quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new stake in shares of Sysco in the fourth quarter worth $25,000. Sunbelt Securities Inc. increased its position in Sysco by 87.6% during the first quarter. Sunbelt Securities Inc. now owns 364 shares of the company’s stock worth $26,000 after acquiring an additional 170 shares during the period. Torren Management LLC bought a new position in Sysco during the fourth quarter worth $27,000. Finally, Bard Associates Inc. acquired a new position in Sysco during the 4th quarter valued at $27,000. Institutional investors and hedge funds own 83.41% of the company’s stock.

Key Stories Impacting Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Quarterly beat and higher outlook: Sysco exceeded fourth-quarter expectations, reporting $1.53 in adjusted earnings per share versus the $1.51 consensus estimate and $22.12 billion in revenue versus $21.95 billion expected. Revenue increased 4.7% year over year, while management issued higher forward guidance, pointing to improving momentum in the U.S. business. Sysco Beats on Q4 and Guides Higher
• Positive Sentiment: Value appeal: Zacks highlighted Sysco as a strong value stock, which may attract investors seeking defensive exposure to food distribution following the earnings beat. Why Sysco Is a Strong Value Stock
• Neutral Sentiment: Limited analyst upside: Citigroup raised its Sysco price target from $82 to $86 but maintained a Neutral rating, while a separate update reported that Citi remains at Hold. The target increase acknowledges improved results but suggests analysts see limited upside from current levels. Citi Remains a Hold on Sysco
• Negative Sentiment: Lettuce supply and food-safety concern: Sysco stopped buying iceberg lettuce from Mexico amid a U.S. cyclosporiasis outbreak. The precaution may protect customers and reduce reputational risk, but could create sourcing costs, product availability issues, or temporary margin pressure. Sysco Stops Buying Mexican Iceberg Lettuce

Sysco Price Performance

NYSE:SYY opened at $84.34 on Friday. 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 company has a 50-day moving average of $81.14 and a 200-day moving average of $80.36. Sysco Corporation has a 52 week low of $68.19 and a 52 week high of $91.85. The company has a market capitalization of $40.38 billion, a price-to-earnings ratio of 23.04, a PEG ratio of 3.22 and a beta of 0.64.

Sysco (NYSE:SYY) last posted its earnings results on Tuesday, August 4th. The company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.02. Sysco had a net margin of 2.08% and a return on equity of 95.05%. The business had revenue of $22.12 billion for the quarter, compared to analysts’ expectations of $21.95 billion. During the same quarter in the previous year, the firm posted $1.48 earnings per share. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. 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, equities research analysts anticipate that Sysco Corporation will post 5.1 earnings per share for the current fiscal year.

Insider Activity

In related news, Director John M. Hinshaw bought 13,304 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was acquired at an average cost of $75.17 per share, with a total value of $1,000,061.68. Following the acquisition, the director owned 40,200 shares in the company, valued at approximately $3,021,834. This represents a 49.46% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.56% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on SYY. Piper Sandler increased their price target on shares of Sysco from $77.00 to $84.00 and gave the company a “neutral” rating in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sysco in a research report on Friday, June 26th. UBS Group lifted their target price on Sysco from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday. Sanford C. Bernstein lowered their price target on Sysco from $90.00 to $85.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft cut Sysco from a “buy” rating to a “hold” rating and set a $84.00 price target for the company. in a report on Tuesday, April 28th. Eight analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $89.50.

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.