Clarius Group LLC Has $567,000 Stock Holdings in Sysco Corporation $SYY

Clarius Group LLC lifted its holdings in Sysco Corporation (NYSE:SYY) by 61.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,487 shares of the company’s stock after buying an additional 2,855 shares during the period. Clarius Group LLC’s holdings in Sysco were worth $567,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SYY. Golden State Wealth Management LLC boosted its position in Sysco by 48.4% during the first quarter. Golden State Wealth Management LLC now owns 429 shares of the company’s stock valued at $32,000 after purchasing an additional 140 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new stake in Sysco during the first quarter valued at $33,000. Cheviot Value Management LLC acquired a new stake in Sysco during the first quarter valued at $34,000. 1248 Management LLC acquired a new stake in Sysco during the first quarter valued at $35,000. Finally, Banque Transatlantique SA acquired a new stake in Sysco during the first quarter valued at $35,000. Institutional investors and hedge funds own 83.41% of the company’s stock.

Insider Transactions at Sysco

In other news, EVP Ronald L. Phillips sold 37,606 shares of Sysco stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $81.00, for a total value of $3,046,086.00. Following the transaction, the executive vice president directly owned 30,235 shares in the company, valued at approximately $2,449,035. The trade was a 55.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Greg D. Bertrand sold 40,000 shares of Sysco stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $80.00, for a total value of $3,200,000.00. Following the completion of the transaction, the executive vice president owned 56,304 shares in the company, valued at $4,504,320. The trade was a 41.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 92,338 shares of company stock worth $7,439,331 over the last quarter. 0.54% of the stock is currently owned by corporate insiders.

Sysco Trading Down 1.3%

Sysco stock opened at $82.21 on Monday. The company has a debt-to-equity ratio of 6.75, a quick ratio of 0.70 and a current ratio of 1.21. The business’s 50-day simple moving average is $80.86 and its 200-day simple moving average is $76.15. The firm has a market capitalization of $39.85 billion, a PE ratio of 22.04, a PEG ratio of 2.54 and a beta of 0.82. Sysco Corporation has a 52 week low of $67.12 and a 52 week high of $83.47.

Sysco (NYSE:SYY) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.09. The business had revenue of $21.14 billion for the quarter, compared to analyst estimates of $21.01 billion. Sysco had a return on equity of 109.52% and a net margin of 2.25%.The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.39 earnings per share. Sysco has set its FY 2026 guidance at 4.500-4.600 EPS. Equities research analysts forecast that Sysco Corporation will post 4.58 earnings per share for the current year.

Sysco Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 24th. Stockholders of record on Friday, October 3rd will be paid a $0.54 dividend. The ex-dividend date is Friday, October 3rd. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.6%. Sysco’s payout ratio is presently 57.91%.

Analysts Set New Price Targets

SYY has been the subject of a number of research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Sysco in a research report on Saturday, September 27th. UBS Group set a $90.00 price target on Sysco in a research report on Wednesday, July 30th. Bank of America boosted their price target on Sysco from $81.00 to $93.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. Guggenheim boosted their price target on Sysco from $85.00 to $87.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Wall Street Zen cut Sysco from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $85.69.

Sysco Profile

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments.