Harris Associates L P Adds $259M in Sysco Corporation ($SYY)
Key Points
- Harris Associates L P changed its Sysco Corporation ($SYY) stake by 39.11% last quarter, boosting to 11,009,012 shares worth $920.13 million.
- Wall Street's consensus rating on $SYY is Buy and an average price target of $90.31.
- $SYY last traded around $83.58.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Harris Associates L P increased its position in Sysco Corporation ($SYY) by 39.11% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,009,012 shares of Sysco Corporation after buying 3,095,401 shares during the quarter. Harris Associates L P's holdings in Sysco Corporation were worth $920.13 million as of its most recent filing.
Sysco Corporation Stock Up 2.0%
Shares of Sysco Corporation ($SYY) traded around $83.58 on Saturday, up 2.0% for the day.
Sysco Corporation Earnings
Sysco Corporation Dividend
Analysts Set New Price Targets
About Sysco Corporation
Sysco Corporation, through its subsidiaries, engages in the sale, marketing, and distribution of food and related products to restaurants, healthcare and educational facilities, lodging establishments, and other foodservice customers. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen food, such as meats, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food; fresh meats and seafood; dairy and beverage products; imported specialties; and fresh produce. It also supplies paper products, including disposable napkins, plates, and cups; tableware comprising glassware and silverware; cookware consisting of pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company operates in the United States, Canada, the United Kingdom, France, Sweden, and internationally. Sysco Corporation was incorporated in 1969 and is headquartered in Houston, Texas.
Get Sysco Corporation alerts
New 13F filings, insider trades, and analyst moves on $SYY, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.