Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Sysco Corporation (NYSE:SYY)

Key Points

• Representative Gilbert Ray Cisneros, Jr. sold shares of Sysco Corporation (NYSE:SYY) for an amount between $1,001 and $15,000 on September 12th.
• Sysco's earnings exceeded estimates, reporting $1.48 earnings per share (EPS) against a consensus of $1.39 and quarterly revenue of $21.14 billion, up 2.8% from the previous year.
• The company declared a quarterly dividend of $0.54, with a dividend yield of 2.7% and a payout ratio of 57.91%.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Sysco Corporation (NYSE:SYY). In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Sysco stock on September 12th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 10/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 10/1/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 9/30/2025.
• Sold $15,001 - $50,000 in shares of Fortive NYSE: FTV on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 9/30/2025.
• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi Heavy Industries OTCMKTS: MHVYF on 9/30/2025.

Sysco Stock Performance

Shares of SYY traded up $1.90 during mid-day trading on Tuesday, reaching $80.17. 2,025,522 shares of the company's stock traded hands, compared to its average volume of 3,229,493. The company has a debt-to-equity ratio of 6.75, a quick ratio of 0.70 and a current ratio of 1.21. Sysco Corporation has a 12 month low of $67.12 and a 12 month high of $83.47. The business's 50-day moving average price is $80.79 and its 200-day moving average price is $76.44. The stock has a market capitalization of $38.36 billion, a P/E ratio of 21.49, a price-to-earnings-growth ratio of 2.43 and a beta of 0.82.

Sysco (NYSE:SYY - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.09. The company had revenue of $21.14 billion during the quarter, compared to analysts' expectations of $21.01 billion. Sysco had a return on equity of 109.52% and a net margin of 2.25%.The company's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.39 earnings per share. Sysco has set its FY 2026 guidance at 4.500-4.600 EPS. Equities analysts predict that Sysco Corporation will post 4.58 earnings per share for the current year.

Sysco Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 24th. Shareholders 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 annualized dividend and a dividend yield of 2.7%. Sysco's dividend payout ratio (DPR) is presently 57.91%.

Insider Buying and Selling at Sysco

In related news, EVP Greg D. Bertrand sold 40,000 shares of Sysco stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $80.00, for a total transaction of $3,200,000.00. Following the completion of the sale, the executive vice president directly owned 56,304 shares of the company's stock, valued at $4,504,320. The trade was a 41.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Ronald L. Phillips sold 37,606 shares of the company's stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $81.00, for a total value of $3,046,086.00. Following the completion of the sale, the executive vice president directly owned 30,235 shares of the company's stock, valued at approximately $2,449,035. This trade represents a 55.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 92,338 shares of company stock worth $7,439,331 over the last 90 days. 0.56% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

SYY has been the subject of a number of research reports. Guggenheim increased their price target on Sysco from $87.00 to $89.00 and gave the company a "buy" rating in a research note on Monday, October 6th. Morgan Stanley lifted their price target on Sysco from $72.00 to $77.00 and gave the company an "equal weight" rating in a report on Monday, July 14th. Wall Street Zen upgraded shares of Sysco from a "hold" rating to a "buy" rating in a research report on Saturday. Bank of America increased their price objective on Sysco from $81.00 to $93.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Finally, Weiss Ratings cut Sysco from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, October 8th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $85.85.

Institutional Investors Weigh In On Sysco

Several institutional investors and hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its stake in Sysco by 20.4% in the third quarter. Farther Finance Advisors LLC now owns 9,150 shares of the company's stock valued at $753,000 after acquiring an additional 1,548 shares during the period. USA Financial Formulas acquired a new position in Sysco during the 3rd quarter worth about $193,000. Curated Wealth Partners LLC grew its stake in shares of Sysco by 1.7% during the third quarter. Curated Wealth Partners LLC now owns 14,252 shares of the company's stock valued at $1,174,000 after purchasing an additional 237 shares during the last quarter. Toth Financial Advisory Corp increased its stake in shares of Sysco by 1.3% in the 3rd quarter. Toth Financial Advisory Corp now owns 141,024 shares of the company's stock valued at $11,612,000 after buying an additional 1,748 shares during the period. Finally, Princeton Global Asset Management LLC raised its holdings in Sysco by 42.2% during the 3rd quarter. Princeton Global Asset Management LLC now owns 1,685 shares of the company's stock worth $139,000 after purchasing an additional 500 shares during the last quarter. Institutional investors own 83.41% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Sysco Company 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.

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