Sei Investments Co. Has $44.69 Million Position in Sysco Corporation $SYY

Sei Investments Co. raised its stake in shares of Sysco Corporation (NYSE:SYY) by 114.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 626,554 shares of the company’s stock after purchasing an additional 334,663 shares during the period. Sei Investments Co. owned 0.13% of Sysco worth $44,694,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Lloyd Advisory Services LLC. bought a new stake in shares of Sysco during the 4th quarter worth $25,000. Motiv8 Investments LLC bought a new position in Sysco in the 4th quarter worth $25,000. Bard Associates Inc. acquired a new position in Sysco during the 4th quarter worth $27,000. Torren Management LLC acquired a new position in Sysco during the 4th quarter worth $27,000. Finally, Elyxium Wealth LLC bought a new stake in Sysco during the fourth quarter valued at about $28,000. Institutional investors own 83.41% of the company’s stock.

Insider Activity at Sysco

In other news, Director John M. Hinshaw acquired 13,304 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were bought at an average price of $75.17 per share, with a total value of $1,000,061.68. Following the acquisition, the director owned 40,200 shares of the company’s stock, valued at $3,021,834. This trade represents a 49.46% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.56% of the company’s stock.

Sysco Stock Down 0.1%

Shares of SYY opened at $83.07 on Monday. 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 company has a 50-day simple moving average of $79.52 and a 200-day simple moving average of $79.78. Sysco Corporation has a 52 week low of $68.19 and a 52 week high of $91.85. The firm has a market capitalization of $39.77 billion, a P/E ratio of 23.01, a P/E/G ratio of 3.27 and a beta of 0.64.

Sysco (NYSE:SYY) last released its earnings results on Tuesday, April 28th. The company reported $0.94 earnings per share 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 firm had revenue of $20.52 billion for the quarter, compared to analyst estimates of $20.56 billion. During the same period last year, the business earned $0.96 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. Sysco has set its Q4 2026 guidance at 1.510-1.510 EPS. On average, equities research analysts expect that Sysco Corporation will post 4.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SYY has been the topic of several research analyst reports. Barclays lowered their price target on Sysco from $92.00 to $86.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. UBS Group decreased their target price on Sysco from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft lowered Sysco from a “buy” rating to a “hold” rating and set a $84.00 target price on the stock. in a report on Tuesday, April 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sysco in a research report on Friday, June 26th. Finally, Morgan Stanley upped their price target on Sysco from $84.00 to $88.00 and gave the stock an “equal weight” rating in a report on Thursday, July 16th. Eight equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $88.00.

Sysco 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.