Sysco Corporation
boothcheck covers Sysco Corporation (SYY) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 11, 2026.
• Sysco distributes food to restaurants at continental scale, serving what its 10-K estimates as ⟦"about 17% of an approximately $370 billion annual foodservice"⟧ market (accession 0000096021-25-000099), and just made the largest move in its history: a $29.1 billion agreement to acquire cash-and-carry leader Jetro Restaurant Depot. [Source: merger announcement, March 2026] • The deal is the risk as much as the opportunity: $21.6 billion of cash consideration lands on a balance sheet already carr
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1,523 institutional managers reported holding SYY in 13F filings for the quarter ended 2026-03-31. Together they hold about 84% of the company; the top 10 hold 41%. 129 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 17.1M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (5.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
SYY has cut its share count 6.5% over the past five years, spending $3.69B on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting), raised 2 years straight; the current rate is $2.07 a share annually. Cash returned over the past three years: $2.79B in dividends and $2.69B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at SYY over the trailing three years: 2026: 1 buy totaling $1.00M. 26 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
SYY's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-26 | -0.6% | -7.5% |
| 2023-11-02 | +0.2% | +14.4% |
| 2024-02-01 | +7.7% | -7.0% |
| 2024-05-02 | -5.4% | -5.7% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
SYY's latest 8-K filings: 2026-08-20 (items 5.02, 7.01, 9.01); 2026-08-12 (items 7.01, 9.01); 2026-08-04 (items 2.02, 9.01); 2026-07-02 (items 8.01); 2026-05-18 (items 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 11, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.