The following updates consist of critical changes to major stakes in
Sysco Corporation ($SYY). Notably, there have been several stake changes in $SYY, including
Geode Capital Management increasing their holdings while
PNC Financial Services and
Candriam S.C.A. sold off some of their shares. Meanwhile,
Vise Technologies, Forsta AP Fonden, National Pension Service, and several others have acquired new positions in Sysco. The corporation has also declared a
quarterly dividend of $0.54 and the company continues to demonstrate strong international growth. Further, Sysco secured a
$3B credit facility, thereby boosting liquidity through 2030. These events have led some to theorize a bull case for Sysco's stock. Furthermore, Sysco's ownership is heavily dominated by institutional owners that own 90% of its shares. Finally, despite economic uncertainty, Sysco has reaffirmed its annual forecast.
Sysco Corporation SYY News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Sat, 15 Nov 2025 13:53:01 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -3
