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
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
127% more call options, than puts
Call options by funds: $242M | Put options by funds: $107M
0% more funds holding in top 10
Funds holding in top 10: 13 [Q4 2024] → 13 (+0) [Q1 2025]
8% less first-time investments, than exits
New positions opened: 122 | Existing positions closed: 133
1.78% less ownership
Funds ownership: 87.12% [Q4 2024] → 85.34% (-1.78%) [Q1 2025]
2% less funds holding
Funds holding: 1,531 [Q4 2024] → 1,494 (-37) [Q1 2025]
5% less capital invested
Capital invested by funds: $33.1B [Q4 2024] → $31.3B (-$1.77B) [Q1 2025]
20% less repeat investments, than reductions
Existing positions increased: 501 | Existing positions reduced: 623
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Guggenheim John Heinbockel | 7%upside $82 | Buy Reiterated | 8 Jul 2025 |
Citigroup Karen Holthouse | 2%upside $78 | Neutral Initiated | 23 May 2025 |
JP Morgan John Ivankoe | 11%upside $85 | Overweight Maintained | 20 May 2025 |
Barclays Jeffrey Bernstein | 0%upside $77 | Overweight Maintained | 30 Apr 2025 |
Wells Fargo Edward Kelly | 4%upside $80 | Overweight Maintained | 30 Apr 2025 |
Financial journalist opinion
Based on 7 articles about SYY published over the past 30 days
