Sysco Corporation (NYSE:SYY) Shares Sold by Bull Street Advisors LLC

27 Jun 2025, 12:06 by Tristan Rich · The Markets Daily

Bull Street Advisors LLC lessened its position in shares of Sysco Corporation (NYSE:SYY – Free Report) by 0.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 46,169 shares of the company’s stock after selling 305 shares during the period. Sysco makes up approximately 1.7% of Bull Street Advisors LLC’s investment portfolio, making the stock its 21st largest position. Bull Street Advisors LLC’s holdings in Sysco were worth $3,465,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SYY. Boston Partners raised its holdings in shares of Sysco by 143.7% in the fourth quarter. Boston Partners now owns 12,184,114 shares of the company’s stock worth $930,296,000 after acquiring an additional 7,184,754 shares during the last quarter. Norges Bank acquired a new stake in shares of Sysco during the fourth quarter valued at $450,441,000. Capital Research Global Investors increased its position in Sysco by 27.3% during the 4th quarter. Capital Research Global Investors now owns 8,991,476 shares of the company’s stock worth $687,488,000 after purchasing an additional 1,928,002 shares in the last quarter. Mondrian Investment Partners LTD acquired a new position in Sysco in the 4th quarter valued at about $123,928,000. Finally, Canoe Financial LP lifted its holdings in Sysco by 29,610.4% in the 1st quarter. Canoe Financial LP now owns 1,431,149 shares of the company’s stock valued at $107,393,000 after purchasing an additional 1,426,332 shares in the last quarter. 83.41% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Sysco

In other Sysco news, Director Sheila Talton sold 356 shares of the company’s stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $70.84, for a total value of $25,219.04. Following the completion of the transaction, the director now owns 12,738 shares in the company, valued at $902,359.92. This represents a 2.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

Sysco Stock Down 0.6%

SYY opened at $74.59 on Friday. Sysco Corporation has a 1 year low of $67.12 and a 1 year high of $82.23. The firm has a 50 day moving average price of $72.73 and a 200 day moving average price of $73.43. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.76 and a current ratio of 1.26. The company has a market cap of $36.16 billion, a PE ratio of 19.32, a price-to-earnings-growth ratio of 2.43 and a beta of 0.81.

Sysco (NYSE:SYY – Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by ($0.06). Sysco had a return on equity of 107.96% and a net margin of 2.36%. The business had revenue of $19.60 billion during the quarter, compared to analyst estimates of $20.11 billion. During the same period in the previous year, the company earned $0.96 EPS. Sysco’s revenue was up 1.1% on a year-over-year basis. Sell-side analysts expect that Sysco Corporation will post 4.58 earnings per share for the current year.

Sysco Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 25th. Investors of record on Thursday, July 3rd will be issued a $0.54 dividend. This is an increase from Sysco’s previous quarterly dividend of $0.51. This represents a $2.16 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend is Thursday, July 3rd. Sysco’s dividend payout ratio is currently 52.85%.

Analyst Ratings Changes

Several equities research analysts have issued reports on SYY shares. Barclays decreased their price target on shares of Sysco from $87.00 to $77.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 30th. Citigroup assumed coverage on shares of Sysco in a research note on Thursday, May 22nd. They issued a “neutral” rating and a $78.00 target price for the company. JPMorgan Chase & Co. raised their price objective on Sysco from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Tuesday, May 20th. Wells Fargo & Company lowered their price objective on Sysco from $87.00 to $80.00 and set an “overweight” rating for the company in a research report on Wednesday, April 30th. Finally, BMO Capital Markets decreased their price target on Sysco from $82.00 to $77.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 30th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $83.00.

Read Our Latest Report on Sysco

About Sysco

(Free Report)