Handelsbanken Fonder AB Lowers Holdings in Symbotic Inc. $SYM

Handelsbanken Fonder AB trimmed its holdings in Symbotic Inc. (NASDAQ:SYM) by 49.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,152 shares of the company’s stock after selling 110,365 shares during the quarter. Handelsbanken Fonder AB’s holdings in Symbotic were worth $5,131,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec raised its position in shares of Symbotic by 5.2% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,493 shares of the company’s stock valued at $267,000 after buying an additional 224 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Symbotic by 2.1% during the fourth quarter. The Manufacturers Life Insurance Company now owns 11,375 shares of the company’s stock worth $677,000 after acquiring an additional 236 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of Symbotic by 67.3% during the fourth quarter. Parallel Advisors LLC now owns 619 shares of the company’s stock worth $37,000 after acquiring an additional 249 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in Symbotic by 4.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 5,753 shares of the company’s stock valued at $342,000 after acquiring an additional 266 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its stake in Symbotic by 100.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 536 shares of the company’s stock valued at $32,000 after acquiring an additional 268 shares in the last quarter.

Symbotic Stock Performance

NASDAQ SYM opened at $42.70 on Friday. The business’s 50 day moving average price is $42.13 and its 200-day moving average price is $49.86. Symbotic Inc. has a fifty-two week low of $38.19 and a fifty-two week high of $87.88. The company has a market cap of $25.74 billion, a P/E ratio of 474.44, a P/E/G ratio of 5.62 and a beta of 1.94.

Symbotic (NASDAQ:SYM) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04). Symbotic had a return on equity of 1.40% and a net margin of 0.48%.The company had revenue of $720.84 million during the quarter, compared to the consensus estimate of $715.03 million. During the same quarter in the prior year, the business earned ($0.05) earnings per share. The firm’s quarterly revenue was up 21.7% compared to the same quarter last year. As a group, equities analysts predict that Symbotic Inc. will post 0.25 EPS for the current year.

Key Stories Impacting Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Walmart expands use of Symbotic technology: Walmart is equipping a store with Symbotic’s automated fulfillment system, providing evidence of ongoing customer adoption and supporting the company’s growth outlook. Walmart equipping a store with Symbotic fulfillment system
• Positive Sentiment: Profitability momentum improved: Symbotic’s third-quarter 2026 earnings-call transcript highlighted a return to profitability, with adjusted EBITDA more than doubling year over year. That progress may ease concerns about the company’s historically thin margins and support investor confidence. Symbotic Q3 2026 Earnings Call Transcript
• Positive Sentiment: Analysts project accelerating longer-term earnings: Northland Securities estimates Symbotic will earn $0.24 per share in fiscal 2027 and $0.57 per share in fiscal 2028, compared with $0.20 per share for fiscal 2026. The projected increase suggests expectations for meaningful operating leverage as deployments scale.
• Neutral Sentiment: Analyst consensus remains cautious: Symbotic was given a consensus “Hold” recommendation, indicating that analysts see potential but are not broadly recommending aggressive buying at current valuation levels. Symbotic Given Consensus Recommendation of Hold by Analysts
• Negative Sentiment: Near-term earnings estimates trail consensus: Northland’s fiscal 2026 EPS forecast of $0.20 is below the broader consensus estimate of $0.23. With Symbotic trading at a very high earnings multiple and its latest quarterly EPS missing estimates despite revenue exceeding expectations, execution and valuation remain downside risks.

Analyst Ratings Changes

SYM has been the topic of several research analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $75.00 price target on shares of Symbotic in a research note on Thursday, August 6th. DA Davidson restated a “buy” rating and set a $70.00 price objective on shares of Symbotic in a research report on Monday, May 11th. Robert W. Baird set a $51.00 target price on Symbotic in a report on Thursday, August 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Symbotic in a research report on Friday, August 7th. Finally, Zacks Research upgraded Symbotic from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 5th. Seven equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $65.92.

Insiders Place Their Bets

In other Symbotic news, Director Todd Krasnow sold 2,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $45.27, for a total value of $90,540.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Brian Daniel Alexander sold 9,130 shares of Symbotic stock in a transaction on Friday, July 24th. The stock was sold at an average price of $40.30, for a total value of $367,939.00. Following the sale, the senior vice president owned 55,611 shares of the company’s stock, valued at approximately $2,241,123.30. This trade represents a 14.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 118,011 shares of company stock valued at $5,293,942 over the last quarter. Corporate insiders own 8.16% of the company’s stock.

About Symbotic

Symbotic Inc (NASDAQ: SYM) is a provider of advanced warehouse automation and robotics systems designed to improve throughput, space utilization and labor productivity in distribution centers and fulfillment operations. The company develops integrated hardware and software solutions that automate the storage, retrieval, sorting and palletizing of goods, positioning itself as a systems integrator for material handling challenges faced by large-scale retailers, wholesalers and third-party logistics providers.

Products and services typically include autonomous robotic vehicles and shuttle systems, automated storage-and-retrieval equipment, robotic picking and palletizing cells, conveyors and sortation, together with control and management software that coordinates fleet operations and inventory flow.