Sysco
About: Sysco is the largest US foodservice distributor with 17% share of the highly fragmented $370 billion domestic market. It distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2024 revenue), education and government buildings (7%), travel and leisure (6%), healthcare facilities (7%), and other locations (18%) where individuals consume away-from-home meals. In fiscal 2024, 70% of the firm's revenue was derived from its US foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments contributed the rest.
Employees: 76,000
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
93% more first-time investments, than exits
New positions opened: 172 | Existing positions closed: 89
52% more call options, than puts
Call options by funds: $246M | Put options by funds: $162M
8% more funds holding in top 10
Funds holding in top 10: 12 [Q3] → 13 (+1) [Q4]
4% more funds holding
Funds holding: 1,464 [Q3] → 1,522 (+58) [Q4]
2.48% more ownership
Funds ownership: 84.59% [Q3] → 87.07% (+2.48%) [Q4]
2% more capital invested
Capital invested by funds: $32.4B [Q3] → $33.1B (+$642M) [Q4]
3% less repeat investments, than reductions
Existing positions increased: 548 | Existing positions reduced: 564
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$77
8%
upside
Avg. target
$80
12%
upside
High target
$83
16%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Barclays Jeffrey Bernstein 49% 1-year accuracy 57 / 116 met price target | 8%upside $77 | Overweight Maintained | 30 Apr 2025 |
Wells Fargo Edward Kelly 57% 1-year accuracy 20 / 35 met price target | 12%upside $80 | Overweight Maintained | 30 Apr 2025 |
BMO Capital Kelly Bania 63% 1-year accuracy 12 / 19 met price target | 8%upside $77 | Outperform Maintained | 30 Apr 2025 |
UBS Mark Carden 36% 1-year accuracy 4 / 11 met price target | 16%upside $83 | Buy Maintained | 30 Apr 2025 |
JP Morgan John Ivankoe 63% 1-year accuracy 19 / 30 met price target | 15%upside $82 | Overweight Maintained | 4 Feb 2025 |
Financial journalist opinion
Based on 9 articles about SYY published over the past 30 days
Positive
Seeking Alpha
1 day ago
Best Dividend Aristocrats For May 2025
Despite a strong start, the Dividend Aristocrats are underperforming the S&P 500 in April, with NOBL down 4.88% and SPY down 1.53%. The best-performing Dividend Aristocrats YTD include Consolidated Edison (+25.65%), Cardinal Health (+17.82%), and Coca-Cola (+16.18%). 33 out of 69 Dividend Aristocrats have announced dividend increases in 2025, with an average growth rate of 4.33%.
Neutral
Seeking Alpha
1 day ago
Sysco Corporation (SYY) Q3 2025 Earnings Call Transcript
Sysco Corporation (NYSE:SYY ) Q3 2025 Earnings Conference Call April 29, 2025 10:00 AM ET Company Participants Kevin Kim - VP, IR Kevin Hourican - Chairman and CEO Kenny Cheung - CFO Conference Call Participants Alex Slagle - Jefferies Mark Carden - UBS Jeff Bernstein - Barclays Edward Kelly - Wells Fargo Jake Bartlett - Truist John Heinbockel - Guggenheim Operator Welcome to Sysco's Third Quarter Finance Fiscal Year 2025 Conference Call. As a reminder, today's call is being recorded.
Neutral
Zacks Investment Research
1 day ago
SYY Q3 Earnings Miss on External Pressures, Weak Consumer Confidence
Sysco's fiscal third-quarter results show y/y sales growth. However, the company focuses on growth and plans significant shareholder returns.
Positive
Zacks Investment Research
1 day ago
Sysco (SYY) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Sysco (SYY) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
1 day ago
Sysco (SYY) Q3 Earnings and Revenues Miss Estimates
Sysco (SYY) came out with quarterly earnings of $0.96 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.96 per share a year ago.
Neutral
GlobeNewsWire
1 day ago
Sysco Reports Third Quarter Fiscal Year 2025 Results
HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week third fiscal quarter ended March 29, 2025. Key financial results for the third quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024): Sales increased 1.1%; U.S. Foodservice volume decreased 2.0%; Gross profit decreased 0.8% to $3.6 billion; Operating income decreased 5.7% to $681 million, and adjusted operating income decreased 3.3% to $773 million1; Net earnings decreased 5.6% to $401 million, and adjusted net earnings decreased 2.9% to $469 million1; EBITDA decreased 2.5% to $910 million, and adjusted EBITDA decreased 0.8% to $969 million1, 2; EPS3 decreased 3.5% to $0.82, and adjusted EPS1 was $0.96, in-line with the same period last year; FY25 guidance now includes expected sales growth of approximately 3% and adjusted EPS growth of at least 1%1; and Remain on target to return approximately $2.25 billion back to shareholders in FY25, with share repurchase and dividends.
Neutral
GlobeNewsWire
6 days ago
Sysco Declares Increase to Quarterly Dividend
HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a $0.03 increase in the quarterly cash dividend to $0.54 per share from the current $0.51 per share. The new dividend is payable for the first time on July 25, 2025, to common stockholders of record at the close of business on July 3, 2025.
Neutral
Zacks Investment Research
1 week ago
Sysco (SYY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Sysco (SYY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Zacks Investment Research
1 week ago
Sysco to Report Q3 Earnings: What Should Investors Expect?
SYY's Q3 outlook reflects confidence in its top-line trajectory and disciplined execution across the organization to enhance profitability.
Positive
Seeking Alpha
1 month ago
Buy 3 'Safer' Dividend Kings Of 25 From March's 55
The article highlights 55 Dividend Kings, noting that five of the top ten by yield offer annual dividends from a $1K investment exceeding their single share prices. Analysts predict top-ten Kingly net gains ranging from 12.57% to 50.26% for March 2026, with six out of ten top-yield Kings expected to be top gainers. Sixteen out of fifty-five Kings show negative free cash flow margins, making them cash-poor and unsafe to buy; focus on safer Kings like Altria, United Bankshares, and Hormel.
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