Sysco (NYSE:SYY) Updates Q4 2026 Earnings Guidance

Key Points

• Sysco set Q4 2026 EPS guidance at $1.51 (a one-point range) which is in line with the consensus, but the company did not provide revenue guidance.
• In Q3 Sysco reported EPS of $0.94 (missed by $0.01) and revenue of $20.52 billion; volumes and gross margins improved, but rising incentive compensation weighed on near-term profitability.
• Sysco raised its quarterly dividend to $0.55 (annualized $2.20, ~3.0% yield), and analysts hold a consensus "Moderate Buy" rating with an average target of about $87.85.

Sysco (NYSE:SYY - Get Free Report) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.510-1.510 for the period, compared to the consensus EPS estimate of 1.510. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SYY. Sanford C. Bernstein set a $90.00 price objective on Sysco and gave the stock a "market perform" rating in a report on Wednesday, January 28th. Barclays upped their target price on Sysco from $88.00 to $92.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 28th. Wells Fargo & Company increased their price objective on Sysco from $92.00 to $100.00 and gave the company an "overweight" rating in a research report on Thursday, February 19th. JPMorgan Chase & Co. increased their target price on Sysco from $85.00 to $87.00 and gave the company an "overweight" rating in a report on Wednesday, January 28th. Finally, Truist Financial increased their target price on Sysco from $90.00 to $94.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, Sysco has a consensus rating of "Moderate Buy" and a consensus target price of $87.85.

Sysco Price Performance

SYY traded down $2.01 during midday trading on Tuesday, reaching $73.35. 7,980,429 shares of the company's stock were exchanged, compared to its average volume of 4,737,383. The firm has a market capitalization of $35.13 billion, a price-to-earnings ratio of 19.72, a price-to-earnings-growth ratio of 2.76 and a beta of 0.69. The company has a quick ratio of 0.75, a current ratio of 1.30 and a debt-to-equity ratio of 5.45. Sysco has a one year low of $68.00 and a one year high of $91.85. The business has a 50-day simple moving average of $80.88 and a two-hundred day simple moving average of $78.51.

Sysco (NYSE:SYY - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.94 EPS for the quarter, missing analysts' consensus estimates of $0.95 by ($0.01). Sysco had a return on equity of 109.21% and a net margin of 2.17%.The business had revenue of $20.52 billion for the quarter, compared to the consensus estimate of $20.56 billion. During the same quarter in the prior year, the business earned $0.96 EPS. The firm's revenue for the quarter was up 4.7% on a year-over-year basis. Sysco has set its Q4 2026 guidance at 1.510-1.510 EPS. As a group, research analysts predict that Sysco will post 4.59 EPS for the current year.

Sysco Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $2.20 dividend on an annualized basis and a yield of 3.0%. This is a boost from Sysco's previous quarterly dividend of $0.54. Sysco's dividend payout ratio (DPR) is presently 59.14%.

Insider Buying and Selling

In other news, Director Sheila Talton sold 2,801 shares of the business's stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $82.99, for a total value of $232,454.99. Following the completion of the transaction, the director owned 12,868 shares of the company's stock, valued at $1,067,915.32. The trade was a 17.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.56% of the company's stock.

Key Stories Impacting Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Volumes accelerated and gross margins expanded, supporting revenue growth of about 4.7% year-over-year — a sign that underlying demand and pricing leverage are working. Sysco Q3 2026 earnings meet expectations as volumes grow
• Neutral Sentiment: Company released the full press release, slide deck and earnings-call transcript/ presentation for investors to review details and management commentary. These documents will drive market reaction as analysts parse guidance and margin drivers. Q3 2026 Earnings Call Transcript Q3 Results Presentation Press Release
• Negative Sentiment: Reported EPS of $0.94 missed consensus by $0.01 and revenue of $20.52B slightly missed estimates — small misses that triggered downside given already-tight investor expectations. Sysco Lags Q3 Earnings and Revenue Estimates
• Negative Sentiment: Incentive compensation surged, creating headwinds to EPS despite volume and margin gains — a cost issue analysts flagged as lowering near-term profitability. Sysco Q3 Earnings Miss on Incentive Cost Headwinds
• Negative Sentiment: Some coverage flagged possible softening in restaurant demand because revenue missed estimates, raising concern about end-market strength for Sysco’s wholesale food distribution. Cracks In Restaurant Demand? Sysco Misses Revenue

Institutional Investors Weigh In On Sysco

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Intech Investment Management LLC grew its stake in Sysco by 53.1% in the 1st quarter. Intech Investment Management LLC now owns 22,310 shares of the company's stock valued at $1,674,000 after buying an additional 7,742 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of Sysco by 24.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 10,310 shares of the company's stock worth $781,000 after acquiring an additional 2,000 shares during the period. NewEdge Advisors LLC lifted its stake in Sysco by 62.4% in the 2nd quarter. NewEdge Advisors LLC now owns 35,447 shares of the company's stock valued at $2,685,000 after purchasing an additional 13,616 shares during the last quarter. Sei Investments Co. lifted its stake in Sysco by 14.2% in the 2nd quarter. Sei Investments Co. now owns 344,504 shares of the company's stock valued at $26,092,000 after purchasing an additional 42,903 shares during the last quarter. Finally, Treasurer of the State of North Carolina raised its stake in shares of Sysco by 0.8% during the second quarter. Treasurer of the State of North Carolina now owns 226,648 shares of the company's stock valued at $17,166,000 after acquiring an additional 1,710 shares during the last quarter. 83.41% of the stock is owned by institutional investors.

Sysco Company Profile

Sysco Corporation NYSE: SYY is a global foodservice distribution company that supplies a broad range of food and related products to restaurants, healthcare and educational facilities, lodging establishments, and other foodservice customers. Its core business is the procurement, warehousing and delivery of fresh, frozen and dry food products, complemented by non-food items such as paper goods, kitchen equipment, cleaning supplies and tabletop products. Sysco serves customers through an extensive network of distribution centers and dedicated delivery fleets, positioning itself as a one-stop supplier for operators of all sizes.

Founded in 1969 and headquartered in Houston, Texas, Sysco has grown through both organic expansion and acquisitions.

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