Capital Investment Counsel Inc increased its SYY stock position by 1.6% to 39,111 shares in Q2 2022.
Capital Investment Counsel Inc increased its Sysco (SYY) stock position by 1.6% to 39,111 shares in Q2 2022, as several institutional investors and hedge funds altered their stakes in the food products distributor. Sysco reported a $20.56 billion Q2 revenue, beating analysts' expectations, and declared a $0.51 per share quarterly dividend, representing a $2.04 annualized dividend and a 2.67% yield. Analysts have rated the stock "strong-buy" to "overweight," with an average target price of $85.27.
August 21, 2024
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