Sysco Corporation's (NYSE:SYY) shares are displaying immense potential. Analysts believe that the intrinsic value of the stock is possibly
99% above its current share price. There has been much activity around the SYY stock, with
Orion Portfolio Solutions LLC possessing $2.22 million holdings and
Mitsubishi UFJ Trust & Banking Corp selling 13,416 shares. Despite recent price target reductions,
Sysco remains a dividend aristocrat consistently outperforming estimates, with positive operating leverage. Its stock is favored by institutional investors, with
85% institutional ownership, while
Atomi Financial Group Inc. and
Avantax Advisory Services Inc. purchased substantial shares. Recently,
Sysco declared an increased dividend to $0.51.
Sysco's Q2 and Q3 2024 earnings transcripts show robust earnings and increasing dividends despite the company carrying some risk with its debt. Sysco has plans to announce remaining financial results in 2024 and its
Recipe for Growth and strategic acquisitions show promising signs for future prosperity.
Sysco Corporation SYY News Analytics from Fri, 01 Sep 2023 07:00:00 GMT to Sun, 21 Jul 2024 18:06:13 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor 7
