Sysco (NYSE:SYY) Price Target Raised to $92.00

Sysco (NYSE:SYY) had its target price hoisted by equities researchers at Wells Fargo & Company from $88.00 to $92.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would indicate a potential upside of 9.64% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. Jefferies Financial Group lifted their price target on shares of Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday. Piper Sandler lifted their target price on Sysco from $80.00 to $83.00 and gave the company a “neutral” rating in a report on Wednesday. JPMorgan Chase & Co. upped their price target on Sysco from $85.00 to $87.00 and gave the stock an “overweight” rating in a research note on Wednesday. Morgan Stanley reduced their price objective on Sysco from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 20th. Finally, Wall Street Zen downgraded shares of Sysco from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Sysco has an average rating of “Moderate Buy” and an average target price of $87.46.

Sysco Stock Up 11.0%

Shares of NYSE:SYY opened at $83.91 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.65 and a debt-to-equity ratio of 5.54. The firm has a market cap of $40.18 billion, a price-to-earnings ratio of 22.50, a PEG ratio of 2.49 and a beta of 0.61. The stock’s 50-day moving average price is $75.14 and its two-hundred day moving average price is $77.78. Sysco has a 12-month low of $67.12 and a 12-month high of $83.96.

Sysco (NYSE:SYY) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. Sysco had a net margin of 2.21% and a return on equity of 112.04%. 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 firm posted $0.93 EPS. 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. On average, research analysts forecast that Sysco will post 4.58 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SYY. Vanguard Group Inc. increased its stake in Sysco by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 62,691,177 shares of the company’s stock worth $4,748,230,000 after buying an additional 1,226,381 shares during the period. State Street Corp increased its position in shares of Sysco by 0.9% during the third quarter. State Street Corp now owns 26,669,576 shares of the company’s stock worth $2,195,973,000 after acquiring an additional 246,542 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Sysco by 0.3% in the third quarter. Capital Research Global Investors now owns 18,360,707 shares of the company’s stock worth $1,511,821,000 after acquiring an additional 46,040 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Sysco by 1.5% in the second quarter. Geode Capital Management LLC now owns 12,551,872 shares of the company’s stock valued at $946,694,000 after purchasing an additional 183,179 shares during the last quarter. Finally, Norges Bank acquired a new stake in Sysco during the 2nd quarter valued at approximately $493,686,000. 83.41% of the stock is currently owned by hedge funds and other institutional investors.

Sysco News Summary

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Company raised FY2026 EPS guidance to $4.60 and said it is positioned to hit the high end of its prior range — management flagged accelerating growth in H2, which drove investor optimism. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Adjusted EPS and margins beat expectations (adjusted EPS ~$0.99), signaling margin recovery despite higher food costs — a key reason analysts and investors pushed the stock higher. SYY Q2 Earnings Top Estimates on Margin Strength & Local Volume Growth
• Positive Sentiment: Management lifted the annual profit forecast citing a robust U.S. business and improving local volumes — the market rewarded the clearer path to higher full‑year earnings. Food distributor Sysco lifts annual profit forecast on robust U.S. business
• Positive Sentiment: Share momentum pushed SYY to a new 52‑week high after the results and outlook update, reflecting strong intraday buying. Sysco (NYSE:SYY) Reaches New 52-Week High on Strong Earnings
• Neutral Sentiment: Top‑line growth was modest (sales +3% YoY) and U.S. local volumes improved only slightly — the quarter was mixed between underlying demand gains and lingering traffic headwinds. Sysco (NYSE:SYY) Reports Q4 CY2025 In Line With Expectations
• Neutral Sentiment: Balance‑sheet and liquidity metrics remain areas to watch (e.g., leverage and current ratios cited by investors); these aren’t central to the rally but could influence longer‑term sentiment.
• Negative Sentiment: GAAP net income and operating income declined YoY and some outlets flagged an EPS miss on a GAAP basis in certain feeds — these weaker headline numbers could temper upside if macro or traffic trends deteriorate. Sysco Corporation (SYY) Releases Q2 2026 Earnings: Revenue Up 3% but EPS Misses Estimates

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.