M&T Bank Corp Cuts Stake in Sysco Corporation $SYY

M&T Bank Corp significantly reduced its stake in Sysco Corporation by 55.4% in the fourth quarter, selling over 106,000 shares. Despite this, other institutional investors have increased their holdings, and analysts maintain a “Moderate Buy” rating for Sysco with a consensus target of $87.85. Sysco reported slightly better-than-expected quarterly earnings, issued FY2026 guidance, and raised its quarterly dividend.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin