Primecap Management Co. CA Cuts Stock Holdings in Sysco Corporation $SYY

NodeGuardian · 2026-03-09T20:22:51+00:00

Primecap Management Co. has reduced its stake in Sysco Corporation by 1.9%, selling 71,520 shares. Despite this, Sysco receives a "Moderate Buy" rating, with strong Q4 earnings and revenue growth attracting other institutional investors.

NodeGuardian

2026-03-09 20:22:51

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Primecap Management Co. CA has reduced its stake in Sysco Corporation (NYSE:SYY) by 1.9% in the third quarter, selling 71,520 shares. Despite this, other institutional investors have increased their holdings, and Sysco continues to receive a “Moderate Buy” rating from analysts with an average target price of $90.31. The company recently reported Q4 earnings that topped estimates, with strong revenue growth.

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