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Troy Asset Management Ltd Raises Stake in Sysco Corporation $SYY
Troy Asset Management Ltd increased its stake in Sysco Corporation by 13.0% in Q3, now owning 447,432 shares valued at approximately $36.84 million, making Sysco its 17th-largest holding. Other institutional investors like Norges Bank and Vanguard Group also have significant stakes in Sysco, with overall institutional ownership at about 83.41%. The company reported strong Q3 earnings, beating EPS estimates, and analysts maintain a “Moderate Buy” rating with an average price target of $89.69.