Sysco (SYY) is up 3.2% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely catalyst is Sysco’s September 9 update reaffirming fiscal 2027 guidance, launching a multi-year AI-driven efficiency program, and raising its mid-term growth targets. Investors appeared to respond positively to the combination of steady near-term expectations and a stronger long-term earnings framework.
Details:
Sources:
Sysco, SEC, Yahoo Finance
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$SYY Insider Trading Activity
$SYY insiders have traded $SYY stock on the open market 5 times in the past 6 months. Of those trades, 1 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $SYY stock by insiders over the last 6 months:
- RONALD L PHILLIPS (EVP and CHRO) has made 0 purchases and 4 sales selling 14,508 shares for an estimated $1,215,250.
- JOHN M HINSHAW purchased 13,304 shares for an estimated $1,000,035
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SYY Hedge Fund Activity
We have seen 778 institutional investors add shares of $SYY stock to their portfolio, and 811 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- D. E. SHAW & CO., INC. added 5,778,599 shares (+2152.6%) to their portfolio in Q2 2026, for an estimated $482,975,304
- HARRIS ASSOCIATES L P added 5,283,368 shares (+48.0%) to their portfolio in Q2 2026, for an estimated $441,583,897
- MIZUHO MARKETS AMERICAS LLC added 4,915,688 shares (+inf%) to their portfolio in Q2 2026, for an estimated $410,853,203
- JPMORGAN CHASE & CO added 4,518,631 shares (+inf%) to their portfolio in Q2 2026, for an estimated $377,667,178
- BOSTON PARTNERS removed 4,393,821 shares (-41.5%) from their portfolio in Q2 2026, for an estimated $367,235,559
- INVESCO LTD. removed 4,227,547 shares (-36.5%) from their portfolio in Q2 2026, for an estimated $353,338,378
- GOLDMAN SACHS GROUP INC added 3,812,924 shares (+59.3%) to their portfolio in Q2 2026, for an estimated $318,684,187
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SYY Government Contracts
We have seen $131,779,972 of award payments to $SYY over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- 4570800901!HALIBUT STK, RAW, IQF,: $1,137,857
- 4570964457!BEEF, GRD, BULK, FZN,: $1,092,404
- FOOD & DAIRY PRODUCTS (SYSCO) FOR HASKELL INDIAN NATIONS UNIVERSITY.: $865,454
- 4570485854!BEEF RIBEYE ROLL, BNLS, FZN,: $824,309
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$SYY Price Targets
Multiple analysts have issued price targets for $SYY recently. We have seen 6 analysts offer price targets for $SYY in the last 6 months, with a median target of $85.5.
Here are some recent targets:
- Karen Holthouse from Citigroup set a target price of $80.0 on 04/29/2026
- Jeffrey Bernstein from Barclays set a target price of $86.0 on 04/29/2026
- Danilo Gargiulo from Bernstein set a target price of $85.0 on 04/29/2026
- Brian Mullan from Piper Sandler set a target price of $77.0 on 04/07/2026
- John Heinbockel from Guggenheim set a target price of $90.0 on 04/02/2026
- Mark Carden from UBS set a target price of $90.0 on 04/02/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.