Sysco (NYSE:SYY) Given New $95.00 Price Target at Jefferies Financial Group

Sysco (NYSE:SYY) had its price target lifted by Jefferies Financial Group from $90.00 to $95.00 in a research note released on Wednesday, MarketBeat reports. Jefferies Financial Group currently has a buy rating on the stock.

Several other equities analysts have also issued reports on SYY. Piper Sandler lifted their price target on Sysco from $80.00 to $83.00 and gave the stock a “neutral” rating in a research report on Wednesday. Sanford C. Bernstein assumed coverage on shares of Sysco in a research note on Wednesday, October 22nd. They set a “market perform” rating and a $83.00 price objective for the company. Guggenheim upped their target price on shares of Sysco from $87.00 to $89.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Barclays raised their price target on shares of Sysco from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Citigroup upped their price objective on Sysco from $81.00 to $88.00 and gave the company a “neutral” rating in a research report on Wednesday. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Sysco presently has an average rating of “Moderate Buy” and a consensus price target of $89.38.

Sysco Price Performance

Shares of SYY opened at $83.50 on Wednesday. Sysco has a fifty-two week low of $67.12 and a fifty-two week high of $85.33. The firm’s 50-day simple moving average is $75.30 and its two-hundred day simple moving average is $77.82. The stock has a market cap of $39.98 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 2.67 and a beta of 0.61. The company has a debt-to-equity ratio of 5.45, a quick ratio of 0.65 and a current ratio of 1.30.

Sysco (NYSE:SYY) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $0.99 EPS for the quarter, topping 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 firm had revenue of $20.76 billion for the quarter, compared to analysts’ expectations of $20.80 billion. During the same period in the previous year, the firm posted $0.93 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. Analysts anticipate that Sysco will post 4.58 earnings per share for the current fiscal year.

Sysco Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Shareholders of record on Friday, January 2nd were given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Friday, January 2nd. Sysco’s payout ratio is 57.91%.

Hedge Funds Weigh In On Sysco

Institutional investors and hedge funds have recently modified their holdings of the company. 1620 Investment Advisors Inc. increased its position in Sysco by 2.6% during the third quarter. 1620 Investment Advisors Inc. now owns 4,904 shares of the company’s stock valued at $404,000 after acquiring an additional 126 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of Sysco by 0.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 40,852 shares of the company’s stock valued at $3,364,000 after purchasing an additional 130 shares during the last quarter. Facet Wealth Inc. lifted its stake in shares of Sysco by 1.2% in the 2nd quarter. Facet Wealth Inc. now owns 10,671 shares of the company’s stock worth $849,000 after purchasing an additional 131 shares during the period. Ellis Investment Partners LLC boosted its holdings in shares of Sysco by 4.9% in the second quarter. Ellis Investment Partners LLC now owns 2,820 shares of the company’s stock worth $214,000 after buying an additional 133 shares during the last quarter. Finally, Silver Oak Securities Incorporated grew its position in Sysco by 4.0% during the third quarter. Silver Oak Securities Incorporated now owns 3,493 shares of the company’s stock valued at $288,000 after buying an additional 134 shares during the period. 83.41% of the stock is currently owned by hedge funds and other institutional investors.

Sysco News Roundup

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Management raised FY2026 EPS guidance to $4.60 and highlighted improving U.S. volume trends and margin progress — a clear catalyst for the stock’s upward move. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Adjusted Q2 results beat on the key metric (adjusted EPS $0.99 vs. ~$0.98 consensus) and adjusted EBITDA/adjusted net earnings expanded year‑over‑year, supporting the bullish narrative. SYY Q2 Earnings Top Estimates on Margin Strength & Local Volume Growth
• Positive Sentiment: Multiple sell‑side firms raised price targets and ratings after the results (examples: Truist to $94/buy, Jefferies to $95/buy, Wells Fargo to $92/overweight, JPMorgan to $87/overweight), which boosts analyst‑driven demand. Sysco Analysts Raise Their Forecasts Following Strong Q2 Earnings
• Neutral Sentiment: Top‑line growth was modest (sales +3.0% YoY; U.S. foodservice/local volumes only slightly higher), so upside depends on whether volume and pricing acceleration sustain into H2. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Negative Sentiment: GAAP operating income and net earnings declined year‑over‑year even as adjusted figures improved, leaving some investors cautious about near‑term volatility and accounting‑line noise. Sysco: No Rush To Buy This Dividend Champion
• Negative Sentiment: Margins still face pressure from higher food and labor costs and the company carries significant leverage, so upside depends on continued margin recovery and stronger volume momentum. Why Sysco Stock Surged Today

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.