Sysco Corporation (NYSE:SYY) is a leading entity in the food distribution sector, catering to a diverse clientele including restaurants and educational institutions. The company's robust foothold in the U.S. market has been instrumental in its financial achievements, positioning it as a formidable competitor against other key distributors like US Foods and Performance Food Group.

• Barclays upgraded Sysco's rating to "Overweight" and increased its price target from $88 to $92, following a new 52-week high in stock price.
• Sysco reported an EPS of $0.99, beating estimates, with quarterly revenue at $20.76 billion and a net margin of 2.21%.
• The company has raised its annual profit forecast to $4.60 per share, reflecting confidence in continued strong performance.

On January 28, 2026, Barclays adjusted its rating for Sysco to "Overweight," maintaining its previous grade. At the time, the stock was priced at $83.92. Barclays also raised Sysco's price target from $88 to $92. This adjustment comes after Sysco's stock reached a new 52-week high, trading at $83.91, following a strong earnings report. Sysco's recent earnings announcement revealed an EPS of $0.99, surpassing the consensus estimate of $0.98. The company's revenue for the quarter was $20.76 billion, slightly below the expected $20.80 billion, but still marking a 3% increase compared to the same period last year.

Sysco achieved a net margin of 2.21% and an impressive return on equity of 112.04%. The stock experienced a significant increase, opening at $78.92 and last trading at $80.05, with over 2.6 million shares exchanged. Sysco's strong performance in the U.S. market, driven by high demand for its products, has led the company to raise its annual profit forecast. The company has set its fiscal year 2026 earnings guidance at $4.60 per share.

Sysco recently paid a quarterly dividend of $0.54 to stockholders of record as of January 2nd. The stock's price has fluctuated between a low of $77.33 and a high of $83.96, marking its highest price over the past year. With a market capitalization of approximately $40.19 billion, Sysco continues to be a strong contender in the food distribution industry.