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Sysco Corporation $SYY Shares Sold by Pitcairn Co.
Pitcairn Co. reduced its stake in Sysco Corporation (NYSE:SYY) by 45.1%, selling 12,656 shares and retaining 15,426 shares valued at $1.27 million. Sysco recently beat EPS estimates with $0.99, reported revenues slightly below consensus at $20.76 billion, and provided FY2026 EPS guidance of $4.60. The company announced a quarterly dividend of $0.54, leading to a 2.5% annualized yield, while analysts maintain a “Moderate Buy” consensus with an average price target of $90.31.