<div id="readability-page-1"><p>Caldwell Trust Co acquired a new position in shares of  Sysco Corporation (NYSE:SYY - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities &amp; Exchange Commission. The fund acquired 13,485 shares of the company's stock, valued at approximately $1,021,000.</p><ul><li>3 Defensive Stock Alternatives to Bonds If Interest Rates Drop</li></ul><p>Other institutional investors also recently bought and sold shares of the company. Facet Wealth Inc. boosted its position in shares of  Sysco by 1.2% in the 2nd quarter. Facet Wealth Inc. now owns 10,671 shares of the company's stock worth $849,000 after buying an additional 131 shares in the last quarter.  Ellis Investment Partners LLC raised its position in  Sysco by 4.9% during the second quarter. Ellis Investment Partners LLC now owns 2,820 shares of the company's stock worth $214,000 after acquiring an additional 133 shares during the last quarter.  Stephens Inc. AR lifted its holdings in shares of  Sysco by 0.6% in the second quarter. Stephens Inc. AR now owns 25,040 shares of the company's stock valued at $1,897,000 after purchasing an additional 140 shares in the last quarter.  Trust Co of the South grew its position in shares of  Sysco by 3.0% in the second quarter. Trust Co of the South now owns 4,849 shares of the company's stock valued at $367,000 after purchasing an additional 142 shares during the last quarter.  Finally, NorthRock Partners LLC increased its stake in shares of  Sysco by 2.2% during the 2nd quarter. NorthRock Partners LLC now owns 6,514 shares of the company's stock worth $493,000 after purchasing an additional 142 shares in the last quarter. 83.41% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Sysco Stock Performance</h2><p>NYSE SYY opened at $75.45 on Tuesday. The business's 50-day moving average price is $75.91 and its 200 day moving average price is $77.75. The company has a current ratio of 1.15, a quick ratio of 0.65 and a debt-to-equity ratio of 5.54. Sysco Corporation has a twelve month low of $67.12 and a twelve month high of $83.47. The company has a market capitalization of $36.13 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 2.44 and a beta of 0.61. </p><ul><li>Today’s market could make Sysco stock break out, will it?</li></ul><p>Sysco (NYSE:SYY - Get Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $1.15 EPS for the quarter, beating analysts' consensus estimates of $1.12 by $0.03. Sysco had a net margin of 2.21% and a return on equity of 112.04%. The company had revenue of $21.15 billion during the quarter, compared to the consensus estimate of $21.03 billion. During the same quarter in the prior year, the company posted $1.09 EPS. The company's quarterly revenue was up 3.2% compared to the same quarter last year. Sysco has set its FY 2026 guidance at 4.500-4.600 EPS.  On average, research analysts predict that  Sysco Corporation will post 4.58 earnings per share for the current year. </p><h2>Sysco Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $2.16 annualized dividend and a dividend yield of 2.9%. Sysco's payout ratio is currently 57.91%. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Are defensive sectors ready to outshine growth in 2024?</li></ul><p>A number of equities research analysts recently issued reports on SYY shares. Morgan Stanley  set a $88.00 target price on Sysco in a research note on Tuesday, October 21st. Sanford C. Bernstein initiated coverage on Sysco in a report on Wednesday, October 22nd. They issued a &#34;market perform&#34; rating and a $83.00 price target for the company. Piper Sandler decreased their price objective on Sysco from $81.00 to $80.00 and set a &#34;neutral&#34; rating on the stock in a research note on Friday. Citigroup dropped their price objective on Sysco from $86.00 to $82.00 and set a &#34;neutral&#34; rating for the company in a research report on Monday, November 3rd. Finally, Barclays upped their target price on shares of Sysco from $82.00 to $86.00 and gave the company an &#34;overweight&#34; rating in a report on Wednesday, October 29th. Eight analysts have rated the stock with a Buy rating and seven have issued  a Hold rating to the company's stock. Based on data from MarketBeat, Sysco presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $85.85.</p><p><b>Check Out Our Latest Analysis on Sysco</b></p><h2>Sysco Profile</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Sysco</li><li>How to Buy Gold Stock and Invest in Gold</li><li>ServiceNow’s $7 Billion Gamble: Panic or Opportunity?</li><li>Golden Cross Stocks: Pattern, Examples and Charts </li><li>Dell and HP Are Raising Prices—And Investors Should Take Note</li><li>Using the MarketBeat Stock Split Calculator</li><li>Why DLocal Is the Top Emerging Market Fintech Stock to Watch for 2026</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNZWQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNZWQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Sysco Right Now?</h2><p>Before you consider Sysco, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sysco wasn't on the list.</p><p>While Sysco currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Caldwell Trust Co acquired 13,485 shares of Sysco Corporation (NYSE:SYY) in the 2nd quarter, valued at approximately $1,021,000. Other institutional investors also increased their positions in Sysco. Sysco's stock performance shows a 50-day moving average price of $75.91 and a 200-day moving average price of $77.75. The company reported $1.15 EPS for the quarter, beating estimates. Sysco announced a quarterly dividend of $0.54 per share. Analysts have given mixed ratings, with a consensus rating of "Moderate Buy."</p>

13,485 Shares in Sysco Corporation $SYY Acquired by Caldwell Trust Co