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Teacher Retirement System of Texas Buys 27,510 Shares of Sysco Corporation $SYY
The Teacher Retirement System of Texas increased its stake in Sysco Corporation by 8.0%, acquiring an additional 27,510 shares, bringing its total to 370,571 shares valued at approximately $27.3 million. This comes as company insiders have recently sold shares, though analysts maintain a “Moderate Buy” consensus rating for Sysco with a target price of $87.85. Sysco also reported strong Q4 earnings, beat revenue expectations, and raised its quarterly dividend to $0.55 per share.