Sysco (NYSE:SYY) Releases FY 2026 Earnings Guidance

Sysco (NYSE:SYYGet Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.600-4.600 for the period, compared to the consensus estimate of 4.570. The company issued revenue guidance of -, compared to the consensus revenue estimate of $84.5 billion.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SYY shares. Weiss Ratings restated a “hold (c+)” rating on shares of Sysco in a research note on Monday, December 29th. Jefferies Financial Group boosted their price target on shares of Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday. Citigroup reaffirmed a “neutral” rating on shares of Sysco in a report on Wednesday. Barclays reissued an “overweight” rating and issued a $92.00 target price (up from $88.00) on shares of Sysco in a report on Wednesday. Finally, Piper Sandler restated a “neutral” rating and set a $83.00 price target on shares of Sysco in a research report on Wednesday. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $87.46.

Check Out Our Latest Analysis on SYY

Sysco Trading Up 11.0%

Shares of SYY opened at $83.91 on Wednesday. The company has a quick ratio of 0.65, a current ratio of 1.15 and a debt-to-equity ratio of 5.54. Sysco has a 12-month low of $67.12 and a 12-month high of $83.96. The firm has a market capitalization of $40.18 billion, a PE ratio of 22.50, a price-to-earnings-growth ratio of 2.49 and a beta of 0.61. The stock’s fifty day simple moving average is $75.14 and its 200-day simple moving average is $77.78.

Sysco (NYSE:SYYGet Free Report) last announced its quarterly earnings data 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 112.04% and a net margin of 2.21%.The firm had revenue of $20.76 billion during the quarter, compared to analyst estimates of $20.80 billion. During the same period last 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, research analysts predict that Sysco will post 4.58 earnings per share for the current year.

Sysco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Friday, January 2nd were issued a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 2.6%. The ex-dividend date was Friday, January 2nd. Sysco’s dividend payout ratio is currently 57.91%.

Key Sysco News

Here are the key news stories impacting Sysco this week:

Institutional Investors Weigh In On Sysco

A number of institutional investors have recently made changes to their positions in the stock. Schnieders Capital Management LLC. increased its position in shares of Sysco by 24.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 10,310 shares of the company’s stock valued at $781,000 after buying an additional 2,000 shares in the last quarter. Camelot Portfolios LLC bought a new stake in shares of Sysco in the third quarter worth about $210,000. Financial Engines Advisors L.L.C. bought a new stake in shares of Sysco in the third quarter worth about $237,000. Blue Chip Partners LLC bought a new position in shares of Sysco during the 3rd quarter valued at about $200,000. Finally, Kelleher Financial Advisors bought a new position in shares of Sysco during the 3rd quarter valued at about $110,000. 83.41% of the stock is owned by institutional investors and hedge funds.

About Sysco

(Get Free Report)

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.

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