Handelsbanken Fonder AB Has $5.13 Million Position in Symbotic Inc. $SYM

Key Points

• Handelsbanken Fonder AB cut its Symbotic stake by 49.2% in the second quarter, selling 110,365 shares and retaining 114,152 shares valued at approximately $5.13 million.
• Symbotic’s latest quarter showed 21.7% year-over-year revenue growth to $720.84 million, exceeding estimates, though EPS of $0.09 missed the $0.13 consensus. The stock trades at a very high valuation, with a P/E ratio above 474.
• Analyst sentiment remains cautious: Symbotic has a consensus “Hold” rating and an average price target of $65.92, while insiders sold roughly $5.29 million of shares over the past 90 days.

Handelsbanken Fonder AB trimmed its holdings in Symbotic Inc. (NASDAQ:SYM - Free Report) by 49.2% during the second quarter, according to its most recent 13F 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 filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Symbotic by 47.6% during the 4th quarter. Vanguard Group Inc. now owns 6,932,158 shares of the company's stock worth $412,463,000 after buying an additional 2,237,137 shares in the last quarter. Morgan Stanley increased its stake in shares of Symbotic by 85.4% in the 4th quarter. Morgan Stanley now owns 2,530,874 shares of the company's stock valued at $150,587,000 after acquiring an additional 1,165,513 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Symbotic by 51,346.1% during the 4th quarter. JPMorgan Chase & Co. now owns 2,174,372 shares of the company's stock valued at $129,375,000 after acquiring an additional 2,178,615 shares during the period. UBS Group AG boosted its stake in Symbotic by 22.3% during the third quarter. UBS Group AG now owns 1,105,770 shares of the company's stock worth $59,601,000 after acquiring an additional 201,547 shares in the last quarter. Finally, Ghisallo Capital Management LLC acquired a new stake in Symbotic in the fourth quarter worth $63,034,000.

Symbotic Stock Performance

Shares of NASDAQ SYM opened at $42.70 on Friday. Symbotic Inc. has a fifty-two week low of $38.19 and a fifty-two week high of $87.88. The stock has a market cap of $25.74 billion, a PE ratio of 474.44, a price-to-earnings-growth ratio of 5.62 and a beta of 1.94. The stock has a fifty day moving average of $42.13 and a 200-day moving average of $49.86.

Symbotic (NASDAQ:SYM - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $720.84 million during the quarter, compared to analysts' expectations of $715.03 million. During the same quarter last year, the business posted ($0.05) EPS. The company's quarterly revenue was up 21.7% on a year-over-year basis. On average, sell-side analysts predict that Symbotic Inc. will post 0.25 EPS for the current year.

Insider Activity at Symbotic

In related news, Director Charles Kane sold 2,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $43.21, for a total value of $86,420.00. Following the completion of the transaction, the director directly owned 89,852 shares in the company, valued at $3,882,504.92. This trade represents a 2.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William M. Boyd III sold 9,194 shares of the company's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $41.04, for a total value of $377,321.76. Following the sale, the insider owned 57,112 shares of the company's stock, valued at approximately $2,343,876.48. This trade represents a 13.87% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 118,011 shares of company stock worth $5,293,942 over the last ninety days. Insiders own 8.16% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on SYM. Zacks Research raised shares of Symbotic from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 5th. Robert W. Baird set a $51.00 target price on Symbotic in a research note on Thursday, August 6th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Symbotic in a research report on Friday, August 7th. DA Davidson reaffirmed a "buy" rating and set a $70.00 price target on shares of Symbotic in a research note on Monday, May 11th. Finally, The Goldman Sachs Group cut their price target on Symbotic from $54.00 to $45.00 and set a "sell" rating on the stock in a report on Tuesday, May 26th. Seven research analysts have rated the stock with a Buy rating, four have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $65.92.

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.

Symbotic Profile

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.

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